Vedanta Limited has informed the Exchange regarding 'Notice for Transfer to Investor Education and Protection Fund ( IEPF )'.
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Vedanta Limited has informed the exchanges that unclaimed dividend and redemption amount on its 7.5% Redeemable Preference Shares from financial year 2018-19 will be transferred to the Investor Education and Protection Fund (IEPF). Under Indian rules, any dividend or amount unclaimed for seven years must be moved to IEPF, a government-administered fund. The deadline for the concerned shareholders to claim their money is September 30, 2025, after which the amounts will be transferred automatically. Shareholders can submit the required documents (such as a request letter, PAN copy, cancelled cheque, and an undertaking) to KFin Technologies, Vedanta's registrar, to receive the payment. Once the amount goes to IEPF, shareholders can still recover it later by applying online through Form IEPF-5 on the IEPF website.
This is a routine regulatory compliance announcement and does not affect Vedanta's operations or stock price. However, shareholders who still hold these preference shares and have not claimed their dividend or redemption amount for the last seven years should act before September 30, 2025, to avoid the hassle of later recovering the funds from IEPF.