Communication to Shareholders regarding compulsory transfer of unclaimed / unpaid Final dividend for FY 2018-19 and Special Interim Dividend FY 2019-20 and related equity shares to IEPF ....
PETRONET · price
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Petronet LNG Limited has notified shareholders about impending compulsory transfer of unclaimed dividends to the Investor Education and Protection Fund (IEPF) as required under the Companies Act, 2013. The Final Dividend for FY 2018-19 (declared 27.08.2019) must be claimed by 30.09.2026, and the Special Interim Dividend for FY 2019-20 (declared 29.10.2019) must be claimed by 30.11.2026. Shareholders holding physical shares need to submit ISR-1, ISR-2 and SH-13 forms with KYC documents, while demat holders must update bank details with their Depository Participant. If not claimed, both the dividend amounts and corresponding shares (after 7 consecutive years of unclaimed dividends) will be transferred to IEPF. The company has also listed unclaimed dividends from FY 2019-20 through FY 2025-26.
This is a routine compliance filing. Affected shareholders who fail to claim dividends before the deadlines will lose their dividend income to IEPF and may face difficulty recovering it later. No direct impact on the company's stock price or operations, but affected investors could permanently lose unclaimed dividend amounts.