Intimation regarding Notice given to Shareholders.
JINDRILL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jindal Drilling & Industries Ltd has informed stock exchanges that individual notices were sent on May 6, 2026 to shareholders who have not claimed dividends for seven consecutive years (from FY 2018-19 onwards). The company is required under the Companies Act to transfer such shares to the Investor Education and Protection Fund (IEPF) during FY 2026-27. Shareholders have until October 15, 2026 to claim their outstanding dividends by contacting the company or its registrar Alankit Assignments Ltd. Those holding shares in physical form will have original certificates deemed cancelled if not claimed, while demat shareholders will face corporate action transfers to IEPF.
Affected shareholders risk losing voting rights and corporate benefits if they miss the October 15, 2026 deadline. While this is routine compliance, it may cause minor share supply compression if large quantities are transferred to IEPF.