EMAMIPAPNSEEmami Paper Mills LimitedMinimalNeutral
Announced Thu, 14 May · 14:08 IST

Emami Paper Mills Limited has informed the Exchange about the intimation sent to the concerned shareholders regarding the transfer of the shares to the IEPF Authority in respect of which dividends have remained unclaimed/unpaid for a period of 7 (seven) consecutive years.

EMAMIPAP · price

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Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹78.05
prior close
₹78.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.6+0.6+0.6-1.2-4.5+0.6+2.3+1.9+2.2+10.6+8.4+12.8
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AI summary

Emami Paper Mills has informed exchanges that it despatched intimation letters on May 13, 2026 to shareholders who have not claimed dividends for seven consecutive years. The affected dividends include those for financial years 2018-19, 2021-22, 2022-23, 2023-24, and 2024-25 (final dividends). No dividend was declared for FY 2019-20 and FY 2020-21 due to COVID-19. The company has set a deadline of September 10, 2026 for shareholders to claim outstanding dividends. If unclaimed, the corresponding shares will be transferred to the Investor Education and Protection Fund (IEPF) Authority without further notice, as mandated under Section 124(6) of the Companies Act, 2013 and IEPF Rules, 2016.

Likely market impact

This is a routine compliance disclosure. Affected shareholders who do not claim dividends by September 10, 2026 will lose their shares to IEPF. The company retains no liability for transferred shares and dividends.