CROMPTON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crompton Greaves Consumer Electricals has informed stock exchanges about sending reminder letters to shareholders with unclaimed dividends from FY 2018-19 onwards. The company published newspaper advertisements in Financial Express (English) and Loksatta (Marathi) notifying shareholders of their right to claim unpaid dividends before August 16, 2026. Under Section 124(6) of the Companies Act, 2013 read with IEPF Rules, shares for which dividends remain unclaimed for seven or more consecutive years are liable for transfer to the IEPF Authority's demat account. Notices were sent via email to shareholders with registered email addresses and by registered post to others using the latest available address in the company's records.
Shareholders who do not claim their unclaimed dividends before the deadline will have their shares transferred to the IEPF demat account, and no future claims can be made against the company for those dividends or shares.