Communication to the investors whose dividend is lying in unpaid dividend accounts of the Company
VISAKAIND · price
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Visaka Industries has sent reminders to shareholders whose dividends remain unclaimed in the company's unpaid dividend accounts. The company is urging investors to encash outstanding dividend warrants by providing updated bank details and identity proof to its registrar KFin Technologies. Under the Companies Act, 2013, dividends unclaimed for seven years, along with the corresponding shares, must be transferred to the Investor Education and Protection Fund (IEPF). The last date for claiming the FY2018-19 dividend is July 24, 2026, after which it will be moved to the IEPF.
This is a routine regulatory compliance communication and not a new corporate action. Shareholders who have not encashed old dividends should act quickly to claim them before the July 24, 2026 deadline, or risk losing both the dividend amount and potentially their shares to the IEPF.