Transfer of equity shares to the Investor Education and Protection Fund
In terms of Section 124 of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, shares of the Company in respect of which dividend entitlements have remained unclaimed or unpaid for seven consecutive years or more, are required to be transferred by the Company to the Investor Education and Protection Fund (IEPF) of the Government of India.
Communication was sent by the Company to the concerned Members who had not claimed their dividend for seven consecutive years or more providing them an opportunity to claim such dividend.
Details of Equity Shares transferred to the IEPF
The shares on which dividends were due from the Financial year 2009-10 and Financial year 2010 -11 (Interim dividend) for seven consecutive years were transferred to the demat account of the IEPF Authority respectively on November 30, 2017 and March 9, 2018.
Shareholders may input the following to check the number of shares transferred to IEPF authority:
1. Shares held in Physical mode - Folio No. (Eg: ITL000000)
2. Shares held in Dematerialised Mode:
NSDL - 6 digit/character DP ID and 8 digit client ID (Eg: IN300000 1000000)
CDSL - 16 digit client ID (Eg: 1200000000002000)
Shareholders may note that the shares/dividend transferred to IEPF can be claimed by making an application to the Authority in Form IEPF 5 (to be filed online) at the following link
(to be used by shareholders/claimants whose shares and/or dividend have been transferred by the Company to Investor Education and Protection Fund)