Biocon Limited has communicated to its shareholders regarding the withholding of the final dividend for the Financial Year 2025-26. This action affects shareholders holding shares in physical form with un-updated KYC details and those in demat form with incomplete bank information. The company urges affected shareholders to update their respective details with the Registrar and Transfer Agent or their depository participants to claim their due dividend.
Dividend Distribution Update
Biocon Limited has issued a notification on November 4, 2026, to both the BSE Limited and the National Stock Exchange of India concerning the withholding of its final dividend for the Financial Year 2025-26. This decision stems from requirements related to Know Your Customer (KYC) and bank detail updates for shareholders.
Reasons for Withholding
The company has detailed two primary categories of shareholders whose final dividend for FY 2025-26 has been withheld:
- Shareholders holding shares in physical form whose dividend payments have been stopped due to non-updation of complete KYC details with the Registrar and Transfer Agent, KFin Technologies Limited.
- Shareholders holding shares in demat form whose dividend payments have been withheld because of incomplete bank details registered with their respective depository participants.
Biocon is actively encouraging these shareholders to promptly complete their necessary details to facilitate the release of their dividends.
Accessing Unpaid Dividend Information
Details of shareholders with unpaid or unclaimed dividends are made accessible on the company’s official website. Interested parties can find this information at https://www.biocon.com/investor-relations/share-information/unclaimed-and-unpaid-dividend/. This information will also be available on the main company website, www.biocon.com.
Shareholder Action Required
In parallel communications sent on October 30, 2026, Biocon had requested shareholders to complete mandatory KYC requirements, including PAN, contact details, bank account information, and specimen signatures, through forms like ISR-1 and ISR-2, to ensure electronic dividend payments. Similarly, shareholders holding shares in demat form were asked to update their complete bank details (Bank Name, Account Number, IFS Code, and Bank Address) with their depository participants. These actions are crucial for shareholders to be eligible to receive their dividend payments directly into their bank accounts.
Compliance and Reporting
The company emphasizes that in compliance with SEBI Listing Regulations, the dividend for FY 2025-26 will be processed only upon the updation of the required KYC and bank details. The communication serves as a formal record of the dividend withholding and the steps shareholders need to take.
Source: BSE
