Rallis India Limited has informed the Exchange regarding 'Reminder Letter for transfer of shares to Investor Education and Protection Fund (IEPF)'
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Rallis India has sent reminder letters dated April 8, 2025 to shareholders who have not claimed dividends for seven or more consecutive years, warning that their shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority under Section 124(6) of the Companies Act, 2013. The letter lists unpaid dividends spanning FY2017-18 through FY2023-24, with August 1, 2025 set as the final deadline to claim the FY2017-18 dividend before shares are moved. If shareholders fail to act, their shares will be debited into the IEPF demat account and original physical share certificates will be treated as cancelled. Shareholders can later reclaim the shares by filing e-Form IEPF-5 on the IEPF portal. The Registrar handling the process is MUFG Intime India Private Limited.
This is a routine annual compliance filing and does not affect the company's financials or stock price. Only the specific shareholders named in the reminder need to act — they must contact the RTA before August 1, 2025, to claim their dividends and update KYC details to prevent their shares from being transferred to the IEPF.