Newspaper Publication of Notice to Shareholders - Transfer of shares to IEPF Authority.
IOC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indian Oil Corporation has published a notice informing shareholders that equity shares on which dividend has remained unclaimed for seven consecutive years or more will be transferred to the Investor Education and Protection Fund (IEPF) Authority after 02.09.2026. This is mandatory under the Companies Act, 2013. The company has already sent individual communications to affected shareholders on 26.05.2026 and uploaded details on its website www.iocl.com. Shareholders have until 31.07.2026 to claim unpaid dividends (starting from Final dividend 2018-19) to prevent their shares from being transferred. Physical share certificates will be automatically cancelled upon transfer.
This is a routine regulatory compliance with no direct impact on stock price. Affected shareholders who fail to claim dividends by the deadline will lose voting rights and dividend entitlements on transferred shares, though they can still claim them back from IEPF through a prescribed process.