Submission of Communication letter sent to the shareholders for transfer of equity shares to Investor Education & Protection Fund ("IEPF")
JUBLFOOD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jubilant FoodWorks has sent a formal letter to shareholders whose dividends have remained unpaid or unclaimed for seven or more consecutive years. The unpaid dividend for FY 2018-19 along with the underlying equity shares are due for transfer to the Investor Education and Protection Fund (IEPF). Shareholders have until October 22, 2026 to claim their dividends by submitting documents to the company's registrar, MUFG Intime India. If not claimed by the cut-off date, the shares will be transferred to IEPF without further notice, and shareholders will need to apply through Form IEPF-5 on the IEPF website to reclaim them later. The company has already transferred unclaimed dividends from previous years to IEPF as required under Section 124(5) of the Companies Act, 2013.
This is a routine regulatory compliance filing under SEBI Listing Regulations and Section 124 of the Companies Act. Shareholders who have not claimed their dividends risk losing ownership of their shares to the government-run IEPF, though they can still reclaim them later through a formal process. No direct impact on share price or company operations.