Tata Steel Limited has informed the Exchange about advertisement published in newspapers in compliance with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
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Tata Steel has published newspaper advertisements and sent letters to shareholders with unclaimed dividends for FY 2018-19 to FY 2024-25. The company is requesting eligible shareholders to claim their unclaimed dividends before they are transferred to the Investor Education and Protection Fund (IEPF) Authority. The deadline for claiming FY 2018-19 dividend is August 21, 2026. If not claimed, equity shares with dividends unclaimed for 7 consecutive years will be transferred to IEPF on August 22, 2026. The company has published the notice in Indian Express (English) and Navshakti (Marathi) newspapers. Shareholders holding physical shares must update KYC and bank details with the RTA (MUFG Intime India Private Limited). SEBI has mandated that dividend payments will only be credited via electronic mode to KYC-compliant accounts.
Shareholders with unclaimed dividends must act before August 21, 2026 or risk losing their shares to IEPF. This is a routine compliance filing with no direct impact on stock price or operations, but affected shareholders should claim dividends promptly to avoid share transfer.