Details of Equity Shares to IEPF
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Transfer of Shares to IEPF
The Company from time to time transfers the dividend amounts which remain unpaid/ unclaimed for a period of seven years to IEPF. As per the provisions of section 124(6) of the Companies Act, 2013 read with Rules made thereunder, the Company is also required to transfer equity shares in respect whereof the dividend amount remained unpaid/ unclaimed for a period of seven consecutive years in favour of the Investor Education and Protection Fund Authority (IEPF Authority).
A statement containing details of names, unpaid/ unclaimed dividend amount and underlying equity shares to be transferred to IEPF Authority is provided herein for the benefit of the shareholders.
The shareholders may claim both, the unclaimed dividend(s) and the corresponding shares transferred to IEPF, by making an application in e-Form IEPF 5 to the to the IEPF Authority which is made available on our website and on IEPF website i.e., www.iepf.gov.in
Once the shares and/ or the unclaimed or unpaid dividend is transferred to IEPF or in favour of IEPF Authority, no claim shall lie in respect thereof either with the Company.