Diamines & Chemicals Limited has informed the Exchange regarding notices sent to the shareholders, who have not claimed / encashed their dividend for seven or more consecutive years.
DIAMINESQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Diamines & Chemicals Limited has notified exchanges that it has sent notices to shareholders who have not claimed or encashed dividends for seven or more consecutive years. Under Section 124(6) of the Companies Act, 2013, shares with unclaimed dividends for seven consecutive years are required to be transferred to the Investor Education and Protection Fund (IEPF). The company identified shareholders whose last unclaimed dividend dates back to the Final Dividend for 2018-2019. Multiple unpaid dividends spanning from 2018-19 through 2024-25 are listed. Shareholders are given until 31 August 2026 to claim the unpaid dividends before their shares are transferred to IEPF. The company's RTA is MUFG Intime India Private Limited. Physical shareholders are also reminded to update their KYC details.
Affected shareholders risk losing ownership of their shares if they do not claim unpaid dividends by 31 August 2026. Once transferred to IEPF, shares can be reclaimed only by filing IEPF-5 web form with the IEPF Authority, which involves a separate process.