Please find enclosed a specimen of the reminder letter sent to those shareholders whose dividend remained unpaid/ unclaimed and whose shares are liable to be transferred to the Investor ....
HEROMOTOCO · price
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Hero MotoCorp has issued a reminder to shareholders who have not yet encashed their Final Dividend for FY 2018-19. Under Section 124(5) and 124(6) of the Companies Act, 2013, unclaimed dividends remaining unpaid for seven years — along with corresponding shares — must be transferred to the Investor Education and Protection Fund (IEPF) Authority. The deadline for shareholders to submit valid claims and prevent this transfer is August 20, 2026. The company has also promoted the IEPF's 'Saksham Niveshak' campaign running from April 1, 2026 to July 9, 2026, which encourages KYC updates for affected shareholders. Documents must be submitted to the company's RTA, KFin Technologies Limited.
Shareholders who fail to claim by August 20, 2026 will lose their dividend and have their corresponding shares transferred to IEPF, after which claims must be filed with the IEPF Authority through Form IEPF-5 — a more complex process.