Unclaimed Dividend liable to be transferred to the IEPF
Section 124 of the Companies Act, 2013, read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (“the Rules”), as amended, mandate the companies to transfer the dividend that has remained unclaimed/un-encashed for a period of seven years from the unpaid dividend account to the Investor Education and Protection Fund (IEPF). Further, the Rules also mandate that the shares on which dividend has not been claimed or encashed for seven consecutive years or more be transferred to the IEPF.
The following table provides a list of years for which unclaimed dividends and their corresponding shares would become eligible to be transferred to the IEPF on the dates mentioned below:
| Year | Type of dividend | Dividend per share (In ₹.) | Date of declaration | Due date for transfer to IEPF |
|---|---|---|---|---|
| 2016-17 | Final | 14.75 | June 24, 2017 | July 25, 2024 |
| 2017-18 | Interim | 13.00 | October 24, 2017 | November 24, 2024 |
| 2017-18 | Final & Special Dividend | 30.50 | June 23, 2018 | July 24, 2025 |
| 2018-19 | Interim | 7.00 | October 16, 2018 | November 14, 2025 |
| 2018-19 | Special | 4.00 | January 11, 2019 | February 10, 2026 |
| 2018-19 | Final | 10.50 | June 22, 2019 | July 21, 2026 |
| 2019-20 | Interim | 8:00 | October 11, 2019 | November 11, 2026 |
| 2019-20 | Final | 9.50 | June 27, 2020 | July 28, 2027 |
| 2020-21 | Interim | 12.00 | October 14, 2020 | November 17, 2027 |
| 2020-21 | Final | 15.00 | June 19, 2021 | July 20, 2028 |
| 2021-22 | Interim | 15.00 | October 13, 2021 | November 16, 2028 |
| 2021-22 | Final | 16.00 | June 25, 2022 | July 25, 2029 |
| 2022-23 | Interim | 16.50 | October 13, 2022 | November 13, 2029 |
| 2022-23 | Final | 17.50 | June 28, 2023 | July 27, 2030 |
| 2023-24 | Interim | 18.00 | October 12, 2023 | November 12, 2030 |
The Shareholders may input the following to check the unclaimed dividend:
1. Shares held in Physical mode - Folio No. (Eg: ITL000000)
2. Shares held in Dematerialized Mode:
NSDL - 6 digit/character DP ID and 8 digit client ID (Eg: IN30000010000000)
CDSL - 16 digit client ID (Eg: 1200000000002000)
* Data updated as on February 29, 2024
Unclaimed Dividend as on March 31, 2023
The statements on unclaimed dividend as required pursuant to the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund Rules) 2016 are provided below for all the unclaimed dividend accounts outstanding as on the date of closure of financial year the account of which was adopted in Annual General Meeting held on June 28, 2023.
The Shareholders may input the following to check the unclaimed dividend:
1. Shares held in Physical mode - Folio No. (Eg: ITL000000)
2. Shares held in Dematerialized Mode:
NSDL - 6 digit/character DP ID and 8 digit client ID (Eg: IN30000010000000)
CDSL - 16 digit client ID (Eg: 1200000000002000)
