ICICI Prudential Life Insurance Company Limited has informed the Exchange about Intimation of Notice sent to shareholders for transfer of Equity Shares and Unpaid/Unclaimed Dividend to the Investor Education and Protection Fund (IEPF) and Special Reminder No. 2 on 'Saksham Niveshak'
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ICICI Prudential Life Insurance has sent reminder letters to shareholders regarding unclaimed dividends for the financial years 2019 through 2025. Under Section 124 of the Companies Act, 2013, dividends unpaid for seven or more consecutive years, along with the corresponding shares, must be transferred to the Investor Education and Protection Fund (IEPF). Shareholders have until Tuesday, November 25, 2025 to claim their unclaimed dividends by submitting a signed letter-cum-indemnity to the company's registrar, KFin Technologies. They are also urged to update their KYC and bank account details to enable electronic credit of the dividend amount. If no valid claim is received by the deadline, both the unclaimed dividends and related equity shares will be moved to the IEPF Authority without further notice.
This is a routine regulatory compliance filing under SEBI LODR Regulations and does not have a material impact on the company's financials or stock price. However, shareholders with unclaimed dividends from FY2019–FY2025 should act before November 25, 2025 to avoid losing their dividends and shares to the IEPF, after which recovery requires a separate IEPF-5 application to the MCA.