ICICI Prudential Life Insurance Company Limited has informed the Exchange about intimation of Notice sent to shareholders for transfer of shares to Investor Education and Protection Fund (IEPF).
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ICICI Prudential Life Insurance has sent reminder letters to shareholders with unclaimed dividends from FY2020 to FY2026, warning that these amounts along with corresponding shares will be transferred to the Investor Education and Protection Fund (IEPF) if not claimed by August 18, 2026. This is a mandatory compliance under Section 124 of the Companies Act, 2013. Shareholders can claim outstanding dividends by submitting the letter-cum-indemnity form to the RTA, KFin Technologies Limited, with all payments to be processed via electronic credit only. After the deadline, no claim against the company will lie for transferred shares or dividends, and shareholders must approach IEPF Authority directly.
This is a routine compliance filing with no direct impact on the company's operations or stock price. Affected shareholders risk losing dividend income and share ownership if they fail to claim before the August 18, 2026 deadline.