Unclaimed dividends and shares to be transferred to IEPF by October 2026

INDIACEM · price

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+2.8%1-day move

₹374.70

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₹382.75

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AI summary

India Cements is notifying shareholders about transfer of unclaimed dividends for FY 2018-19 to FY 2021-22 and corresponding equity shares to the Investor Education and Protection Fund. Under Section 124 of the Companies Act, dividends unclaimed for 7 years and related shares must be moved to IEPF. Shareholders must claim by 25 September 2026 by submitting KYC documents to the company or its RTA. Shares and dividends will be transferred on 10 October 2026. Once transferred, voting rights on such shares are frozen. Claims can later be made via IEPF-5 form on the IEPF website.

Likely market impact

Shareholders with unclaimed dividends from 2018-19 onwards must claim by 25 Sept 2026 or their shares move to IEPF and lose voting rights.