Tejas Networks Limited has informed the Exchange about communication sent to the Shareholders about the proposed transfer of Equity Shares to IEPF.
TEJASNET · price
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Tejas Networks Limited has notified shareholders about the proposed transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This transfer applies to shares where dividend for financial year 2018-2019 (and subsequent years) has remained unclaimed for seven consecutive years or more, as required under Section 124 of the Companies Act, 2013. The company has set a deadline of August 10, 2026 for affected shareholders to claim their unclaimed dividend. Shareholders holding shares in physical form must submit KYC-compliant documentation along with ISR forms to the company's RTA, MUFG Intime India Pvt. Ltd. After the deadline, unclaimed shares will be transferred to IEPF and original share certificates will be deemed cancelled. Once transferred, claims can only be made through online application to IEPF Authority using Form IEPF-5.
Affected shareholders risk losing their shares and dividend claims permanently if they do not act by August 10, 2026. This is a routine regulatory compliance matter with no direct impact on the company's stock price or financial position.