Oracle Financial Services Software Limited has informed the Exchange about copy of Newspaper Publication regarding letter sent to the shareholders informing Transfer of dividend and corresponding shares, if any, to Investor Education and Protection Fund (IEPF) pertaining to Final Dividend declared for the financial year 2017-18.
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Oracle Financial Services Software has informed the exchanges about newspaper advertisements published in Financial Express (English) and Sakal (Marathi) regarding the upcoming transfer of unclaimed dividends and corresponding shares to the Investor Education and Protection Fund (IEPF). The notice pertains to the Final Dividend for the financial year ended March 31, 2018, which was originally paid in September 2018 and has remained unclaimed for seven consecutive years. Individual reminder letters have also been sent to specific shareholders who have not claimed their dividend, detailing the amount due, folio/DPID details, and the number of shares held. The deadline for shareholders to claim their dividend is September 15, 2025, after which both the unclaimed dividend amount and the corresponding shares will be transferred to IEPF. Affected shareholders must submit PAN, address proof, cancelled cheque, and a signed application-cum-undertaking to the company's Registrar KFin Technologies to claim their dues.
This is a routine compliance filing and does not affect the company's financials or operations. Shareholders who have not claimed their FY 2017-18 dividend must act before September 15, 2025, or risk losing both the dividend amount and the underlying shares to the government-run IEPF, from which recovery is more cumbersome.