Hero MotoCorp has issued a reminder regarding unclaimed dividends for FY 2018-19. Shareholders who have not claimed their dividends are urged to do so promptly. Unclaimed amounts and corresponding shares may be transferred to the Investor Education and Protection Fund (IEPF) Authority if not claimed by February 15, 2026. This impacts dividends pertaining to FY 2018-19.
Unclaimed Dividend Alert
Hero MotoCorp is reminding shareholders about unclaimed dividend amounts pertaining to FY 2018-19. The company is urging shareholders to verify their records and claim any unpaid dividends to avoid transfer of both the dividend amount and the corresponding shares to the Investor Education and Protection Fund (IEPF) Authority.
IEPF Transfer Deadline
According to the notice, if the dividends remain unclaimed, both the dividend amount and the corresponding shares will be transferred to the IEPF Authority. To avoid this transfer, shareholders must submit their claims before February 15, 2026. All subsequent corporate benefits on shares transferred to IEPF will be credited to IEPF Authority.
Required Documentation
To claim unpaid dividends, shareholders must submit specific documents. The required documents vary based on whether the shares are held in physical or dematerialized form.
For shares held in physical form:
Shareholders need to submit self-attested copies of their PAN card and address proof, a personalized cancelled cheque, duly signed ISR1, ISR2, SH13/ISR3 forms, and the original time-barred dividend warrant or an indemnity bond. Also required is a bank statement for any previous dividend received.
For shares held in dematerialized form:
Shareholders need to provide an updated and self-attested Client Master List containing details of active bank accounts, self-attested copies of PAN card and address proof, personalized cancelled cheque, the original time-barred dividend warrant (or) indemnity bond and bank statement.
Important Reminders for Shareholders
Shareholders holding shares in physical form are reminded to update their KYC details and bank details with the Company’s RTA. Effective April 1, 2024, those whose folios are not updated with KYC details will only be eligible for electronic payments, including dividends, after furnishing the required information. The company also urges shareholders holding shares in physical form to dematerialize their shares.
Source: BSE
