Dividend11 Jun 2026, 04:29 pm
IOL Chemicals & Pharma Notifies Shareholders About Unclaimed Dividends
AI Summary
IOL Chemicals & Pharmaceuticals Ltd is proactively communicating with shareholders via email and post regarding unpaid or unclaimed dividends. The company is urging shareholders to claim these dividends to avoid their transfer, along with corresponding shares, to the Investor Education and Protection Fund (IEPF) as mandated by the Companies Act, 2013. Shareholders need to submit specific documents, including a request letter, cancelled cheque, PAN, and Aadhaar card, to facilitate the payment. For those with physical shareholdings and incomplete KYC, a separate communication will detail the process for updating their information before dividend claims can be processed.
Key Highlights
- Company is contacting shareholders about unclaimed dividends.
- Action required to prevent dividend and share transfer to IEPF.
- Specific documents needed for dividend claim processing.
- Shareholders with physical shares must update KYC.
- Communication aims to facilitate dividend claims and compliance.
Price Impact
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