In terms of Section 124 (5) of the Companies Act, 2013, amounts lying unpaid or unclaimed in the Unpaid Dividend Account of the Company for a period of seven years from the date of such transfer, shall be transferred by the Company to the Investor Education and Protection Fund established by the Central Government.
Members can claim the unpaid dividend from the Company before transfer to the Investor Education and Protection Fund. It may be noted that after the unpaid dividend is transferred to the said Fund, the same can be claimed by the members from IEPF Authority in accordance with Rule 7 of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.
Members who have so far not encashed the dividend warrant(s) are requested to make their claim to Company Secretary and Compliance Officer at the Registered Office of the Company situated at: