Intimations for transfer of Shares on which Dividend remains unpaid/ unclaimed for Seven consecutive years, to the Investor Education and Protection Fund Authority (the IEPF).
ZFSTEERING · price
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ZF Steering Gear (India) Limited has informed shareholders that their equity shares are proposed to be transferred to the Investor Education and Protection Fund (IEPF) Authority because dividends on these shares have remained unclaimed for seven consecutive years, starting with the unpaid Final Dividend for FY 2017-2018. The company has sent individual intimations through its Registrar and Transfer Agent, MUFG Intime India Private Limited, to the concerned shareholders. Shareholders have been asked to claim their unpaid dividend on or before October 15, 2025, failing which the shares will be transferred to IEPF at a later date. After transfer, shareholders can still reclaim their shares by filing e-form IEPF-5 with the IEPF Authorities. This is a routine compliance filing under Section 124(6) of the Companies Act, 2013.
Shareholders who have not claimed dividends since FY 2017-18 must act before October 15, 2025, to avoid having their shares permanently moved to the IEPF. The move is a regulatory requirement and is unlikely to have any material impact on the company's stock price or operations.