VEDLNSEVedanta LimitedMediumNeutral
Announced Wed, 7 Jan · 15:58 IST

Vedanta Limited has informed the Exchange about the Notice for Transfer of Equity Shares to Investor Education and Protection Fund ( IEPF )

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vedanta has sent notices to shareholders whose shares are at risk of being transferred to the IEPF Authority because dividends declared in FY 2018-19 (2nd Interim Dividend, Batch 42) have remained unclaimed for seven consecutive years. Under Section 124(6) of the Companies Act, 2013, such shares must be moved to the IEPF. Affected shareholders have until March 15, 2026 to claim their unpaid dividends by submitting required documents (Form ISR-1/2, SH-13, PAN, cancelled cheque, etc.) to the Company's Registrar KFin Technologies. If unclaimed by the deadline, the shares and all future benefits, including any future dividends, will be credited to IEPF, and shareholders will have to apply via Form IEPF-5 to reclaim them.

Likely market impact

This is a routine regulatory compliance notice with no impact on the stock price or on shareholders who are up to date on their holdings. Only investors who have ignored dividend warrants from FY 2018-19 are affected and risk losing their shares to IEPF if they don't act by March 15, 2026.