Godrej Consumer Products Limited has issued a formal notice regarding the impending transfer of equity shares and unpaid dividends to the Investor Education and Protection Fund (IEPF) Account. Shareholders who have not claimed their dividends for a continuous period of 7 years, starting from November 2019, are alerted to the upcoming transfer of their shares to the IEPF, with a deadline of November 15, 2026, to lodge their claims.
Shareholder Action Required: Transfer to IEPF
Godrej Consumer Products Limited (GCPL) has officially communicated a significant notice to its shareholders concerning the mandatory transfer of unpaid or unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF) Account. This action is being taken in accordance with the provisions of the Companies Act, 2013, and the relevant IEPF Authority Rules.
Key Dates and Deadlines
The notice highlights that dividends declared and unpaid since August 2019 have been reviewed. For dividends declared in November 2019, the 7-year unclaimed period will conclude on December 12, 2026. Consequently, any such unclaimed dividends and the associated equity shares will be transferred to the IEPF. Shareholders are urged to take immediate action and lodge their claims on or before November 15, 2026, to avoid the transfer of their shares.
Process for Claiming Dividends and Shares
Shareholders who wish to claim their unpaid dividends and prevent the transfer of their shares must submit their claims to the company’s Registrar and Transfer Agent (R&T Agent), MUFG Intime India Private Limited, by the stipulated deadline. The process requires shareholders to provide KYC (Know Your Customer) documents, including PAN (linked to Aadhaar), contact details, specimen signatures, and bank account details. For shares held in Demat form, a copy of the self-attested Client Master List (CML) after KYC updation is also required. For physical shareholding, specific KYC documents as detailed in the notice must be submitted.
In cases where unpaid dividends have been transferred to the IEPF, shareholders can still claim them by applying online through the E-Form IEPF-5 and submitting a physical copy to the company’s registered office or the R&T Agent. The company will facilitate the verification process for the refund of dividend amounts and the transfer of shares back to the shareholder.
Failure to comply with the submission requirements by the deadline of November 15, 2026, will result in the company proceeding with the transfer of equity shares to the IEPF without further notice. No claim will be entertained against the company for amounts and shares transferred to the IEPF Authority.
KYC Requirements
The notice also emphasizes the importance of updating KYC details. Shareholders are advised to furnish PAN (linked to Aadhaar), accurate contact information, specimen signatures, and bank account details using the prescribed forms (ISR-1, ISR-2, SH-13, SH-14, ISR-3) which can be downloaded from the company’s or RTA’s website. Non-updation of KYC may lead to the ineligibility to lodge grievances or avail service requests from the RTA.
Source: BSE
