Announced Tue, 26 May · 19:37 IST

Enclosed the copy of the publication of news paper in connection with the proposed transfer of equity shares to IEPFA.

CHOLAFIN · price

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹1568.00
prior close
₹1568.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.0+0.0-0.6-1.3-4.8-5.7-6.0-5.4-7.5+7.7+13.9+13.7
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AI summary

Cholamandalam Investment and Finance Company has published a notice informing shareholders about the proposed transfer of equity shares to the IEPF demat account, as required under Section 124(6) of the Companies Act, 2013 and IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016. Specifically, shares underlying unclaimed dividends for seven or more consecutive years for FY 2018-19 are subject to transfer, with the deadline set for September 3, 2026. Shareholders have until August 17, 2026 to submit requisite documents and claim their dividends. The full list of affected members (with folio number, DP ID/Client ID, and share count) has been uploaded on the company's website. Both unclaimed dividends and shares transferred to IEPF can be claimed back from the IEPF Authority by following the prescribed procedure.

Likely market impact

The filing is a routine compliance announcement with no direct negative impact on the stock. Shareholders with unclaimed dividends from FY 2018-19 should act by August 17, 2026 to avoid their shares being transferred to IEPF.