Notice published in the newspapers and reminder letters sent to the shareholders regarding transfer of shares to the IEPF.
INDHOTEL · price
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Indian Hotels Company Ltd has sent reminder letters to shareholders who have not claimed dividends for seven or more consecutive years (from FY 2018-19 onwards), warning that their shares are liable for transfer to the Demat account of the Investor Education and Protection Fund (IEPF). The company has published newspaper advertisements in Financial Express (English) and Loksatta (Marathi) informing shareholders of this requirement under Section 124(6) of the Companies Act, 2013 and IEPF Rules, 2016. Shareholders have been given until 26 July 2026 to claim their unpaid dividends, failing which the shares will be transferred to IEPF. Unclaimed dividends prior to 2018-19 have already been transferred to IEPF as required by law. Shareholders can contact the RTA, MUFG Intime India Private Limited, to claim dividends and must submit self-attested KYC documents including PAN and cancelled cheque.
Shareholders who fail to claim dividends by 26 July 2026 will lose ownership of their shares, which will be transferred to the government-run IEPF. While shareholders can later claim those shares back by filing e-form IEPF-5, it involves a more complex process.