Jubilant Pharmova Limited has informed the Exchange about General Updates - Submission of communication sent to shareholders relating to notice of transfer ofequity shares / dividend to Investor Education and Protection Fund Authority
JUBLPHARMA · price
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Jubilant Pharmova has informed the stock exchanges about reminder letters sent to shareholders whose dividends have remained unclaimed for seven or more consecutive years. Under Section 124(6) of the Companies Act, 2013, shares linked to unpaid dividends from FY2017-18 onwards must be moved to the IEPF. The company has set August 25, 2025 as the deadline for shareholders to claim their unpaid dividends, with the transfer to IEPF scheduled for November 1, 2025. One of the letters also references 140 equity shares linked to old share certificates (from predecessor entities like Ramganga Fertilizers, Vam Organic Chemicals, and Jubilant Organosys) that were moved to an unclaimed suspense account in 2012 and are now slated for IEPF transfer. Shareholders can claim their shares and dividends by applying to the company's registrar, Alankit Assignments Limited, before the deadline.
This is a routine statutory compliance filing with no material impact on the company's financials or stock price. However, shareholders with unclaimed dividends from FY2017-18 must act before August 25, 2025, or risk permanent loss of both dividends and underlying shares to the IEPF.