Hindustan Petroleum Corporation Limited has informed the Exchange regarding 'Communication To Shareholders For Claiming Unclaimed Dividend(S) Before Transfer To Investor Education And Protection Fund Authority (IEPFA).'.
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HPCL has notified shareholders that unclaimed dividends for FY 2017-18 (Final) will be transferred to the Investor Education and Protection Fund Authority (IEPFA) in September 2025, as required under the Companies Act, 2013. If dividends for all years from FY 2017-18 to FY 2023-24 remain unclaimed, the corresponding shares will also be transferred to IEPFA. Shareholders must submit a claim request letter along with KYC documents to the company's Registrar MUFG Intime India Private Limited by September 15, 2025 to recover their unclaimed dividends. The communication includes specific instructions for demat and physical share holders, and details of the documents required for the claim process.
This is a routine regulatory reminder with no direct impact on the stock price. Shareholders with unclaimed dividends from FY 2017-18 must act before September 15, 2025, or their dividend (and potentially shares) will permanently move to the government fund, making recovery more difficult.