Newspaper Advertisement published in Business Line (English) and Dinamalar (Tamil) on May 29, 2026 w.r.t transfer of unclaimed dividend and equity shares of the Bank to IEPF for FY 2018-19
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City Union Bank has published a newspaper advertisement informing shareholders about the transfer of unclaimed dividend and equity shares to the Investor Education and Protection Fund (IEPF) Authority for the financial year 2018-19. This is a mandatory compliance under SEBI Listing Regulations requiring companies to transfer unpaid/unclaimed dividends and underlying shares to IEPF after a specified period. The notice was published in Business Line (English) and Dinamalar (Tamil) newspapers on May 29, 2026. Shareholders who have not yet claimed their dividends for FY 2018-19 are advised to contact the bank before the transfer deadline.
Shareholders who have not claimed their FY 2018-19 dividends risk losing them as they will be transferred to IEPF. Once transferred, claims will need to be filed with IEPF Authority rather than directly with the bank.