GVPIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GE Power India Limited has sent reminders to shareholders holding unclaimed dividends from FY 2018-19, FY 2019-20, and FY 2020-21. These dividends have remained unpaid for nearly seven years and must be claimed by August 22, 2026, or they will be transferred to the Investor Education and Protection Fund (IEPF). The company states that shares corresponding to unclaimed dividends will also be transferred to IEPF demat account after the deadline. Notably, no dividends were declared by the company for FY 2021-22 through FY 2024-25, indicating no dividend income to shareholders in recent years.
Shareholders with unclaimed dividends risk losing both their dividend amounts and equity shares if not claimed by the deadline. The stock itself is not directly impacted, but the absence of dividends for four consecutive years signals financial stress or capital conservation strategy.