GE Power India Limited has informed the Exchange about General Updates
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GE Power India has sent reminder notices to shareholders with unclaimed dividends from FY 2018-19 (declared July 23, 2019), FY 2019-20, and FY 2020-21. Under the Companies Act 2013, any unpaid dividend remaining unclaimed for 7 consecutive years must be transferred to the Investor Education and Protection Fund (IEPF), along with the corresponding equity shares. The deadline for shareholders to claim these dividends is August 22, 2026. After this date, both unclaimed dividends and shares will be permanently transferred to IEPF and no claims will be entertained. The company notes no dividends were declared for FY 2021-22 through FY 2024-25.
This is a routine regulatory compliance filing with no direct impact on the company's financial position or stock price. Affected shareholders who fail to claim dividends by August 22, 2026 will lose both the dividend amount and ownership of their shares, which will transfer to the government IEPF account.