Intimation of notice sent to shareholders for transfer of shares to Investor Education and Protection Fund (IEPF)
ICICIPRULI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICICI Prudential Life Insurance has sent reminder letters to shareholders with unclaimed dividends from FY2020 to FY2026, informing them that these amounts along with corresponding shares will be transferred to the IEPF Authority if not claimed by August 18, 2026. This transfer is mandated under Section 124 of the Companies Act, 2013. Shareholders can claim unpaid dividends by submitting the dividend warrant or a letter-cum-indemnity form to the RTA, KFin Technologies Limited. After the deadline, no claims can be made against the company, and shareholders must approach the IEPF Authority directly using Form IEPF-5 to recover transferred amounts and shares.
Shareholders with unclaimed dividends risk losing their dividend income and having corresponding shares transferred to IEPF if they do not act by August 18, 2026. This is a routine compliance action with no direct impact on the company's stock price or operations.