Unclaimed Dividend and Shares
Pursuant to the Section 124 of the Companies Act, 2013, read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (‘the Rules’), Dividend that remains unpaid or unclaimed for a period of seven years under unpaid dividend account, are required to be transferred to the Investor Education and Protection Fund (“IEPF”) established by the Central Government.
In accordance to the Rules, all shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the Company in the name of Investor Education and Protection Fund (“IEPF”).
In accordance to the Rules, all shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the Company in the name of Investor Education and Protection Fund (“IEPF”).
Shareholders may input the following to check the unclaimed dividend & Shares transferred or liable to be transferred to IEPF authority:
- Shares held in Dematerialized Mode:
- NSDL – 6 digit/character DP ID and 8-digit client ID (Example: IN3000001000000)
- CDSL – 16-digit client ID (Example: 1200000000002000)