Alembic: Reminder to Shareholders to Claim Equity Shares
Alembic Ltd has issued a reminder to its shareholders to claim their equity shares, which are liable to be transferred to the Investor Education and Protection Fund (IEPF) as per Section 124(6) of the Companies Act, 2013. This transfer applies to shares for which dividends have not been claimed for seven consecutive years or more, specifically starting from the unpaid Final Dividend for the year 2018-2019. Shareholders are requested to claim unpaid dividends on or before 31/08/2026, by contacting the Registrar and Share Transfer Agents (RTA), M/s. MUFG Intime India Private Limited. The unclaimed shares and corresponding dividend thereon, which has been or will be transferred to IEPF Authority’s Account can be claimed back by the shareholders from IEPF, by filing web form No. IEPF-5.
Key Highlights
- Alembic Ltd reminds shareholders to claim equity shares to avoid transfer to IEPF.
- Shares with unclaimed dividends for seven years or more are liable for transfer.
- Unclaimed dividends from 2018-2019 onwards are subject to this transfer.
- Shareholders can claim unpaid dividends until 31/08/2026.
- Contact MUFG Intime India Private Limited for claims and information.
Price Impact
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