CEAT Limited has informed the Exchange about General Updates
CEATLTD · price
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CEAT Limited has sent reminder letters to shareholders who have not claimed or encashed dividends since Financial Year 2018-19 for seven or more consecutive years. Under Section 124 of the Companies Act, 2013, such unclaimed dividends along with the underlying equity shares are mandatorily required to be transferred to the Investor Education and Protection Fund (IEPF). Shareholders have until September 3, 2026 to claim their unpaid dividends by contacting the company's Registrar and Transfer Agent, NSDL Database Management Ltd. If no claim is received, both the unclaimed dividend and corresponding shares will be transferred to IEPF, after which claims can only be made from the IEPF Authority and not from the company. The filing also reminds physical shareholders to dematerialize their shares and update KYC/bank details as per SEBI mandates.
This is a routine regulatory compliance filing with no direct impact on the company's financial performance or stock price. Shareholders holding physical shares or those with unclaimed dividends since FY 2018-19 must act by September 3, 2026 to avoid losing their shares and dividends to IEPF. Failure to comply will result in shares being transferred to dematerialized format in IEPF account.