Vedanta Limited has informed the Exchange about General Updates
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Vedanta Limited has informed the stock exchanges that it is sending notices to shareholders whose dividends have remained unclaimed for seven consecutive years. Specifically, this relates to the first interim dividend declared for FY 2018-19. Under Section 124(6) of the Companies Act, 2013, shares linked to these unclaimed dividends will be transferred to the IEPF Authority. Shareholders have until October 31, 2025 to claim their unpaid dividends by submitting the required documents (Form ISR-1, ISR-2, SH-13, PAN copy, cancelled cheque, etc.) to the company's Registrar KFin Technologies. After this deadline, both the unclaimed dividend and the underlying shares will move to IEPF, and future benefits on those shares will also be credited to IEPF. Shareholders can later reclaim their shares from IEPF by filing Form IEPF-5 online.
This is a routine regulatory compliance action and does not affect the company's operations or stock price. Shareholders who have not claimed their FY 2018-19 dividends must act before October 31, 2025, or risk having their shares transferred to the IEPF, from which recovery is possible but involves additional procedural steps.