Spark Minda is notifying shareholders about the impending transfer of equity shares to the Investor Education and Protection Fund (IEPF). This transfer affects shareholders who have not claimed their dividends for seven consecutive years from the financial year 2018-19 (Interim). To avoid this transfer, shareholders must encash their dividends by March 08, 2026. The company is providing instructions on how to claim dividends and prevent the share transfer.
IEPF Share Transfer Notification
Spark Minda is informing its shareholders about the potential transfer of their equity shares to the Investor Education and Protection Fund (IEPF). This action pertains to shares for which dividends have remained unclaimed for a period of seven consecutive years or more, specifically from the financial year 2018-19 (Interim).
Deadline and Action Required
Shareholders who have not claimed their dividends are urged to take immediate action. To prevent the transfer of their shares to the IEPF, they must encash their outstanding dividends on or before March 08, 2026. Failing to do so will result in the company transferring the shares to the IEPF Demat Account by March 09, 2026, along with the unclaimed dividend amount.
How to Claim Unpaid Dividends
To claim the unpaid dividends and prevent the share transfer, shareholders need to provide the following documents:
- A formal letter signed by all joint holders (if applicable).
- Self-attested copy of PAN Card and Address Proof.
- Copy of Cancelled Cheque or Bank Statement/Passbook.
- KYC forms, if applicable.
These documents should be sent to either:
Minda Corporation Limited
D-6-11, Sector – 59, Noida – 201301
Or
Skyline Financial Services Private Limited
D-153 A, First Floor, Okhla Industrial Area, Phase-1, New Delhi-110020
Where to Find More Information
Details of the shares and dividends liable to be transferred to IEPF can be verified on the company’s website: www.sparkminda.com. Shareholders can also find the necessary forms for claiming dividends at https://sparkminda.com/Uploads/prospectus/1594pdctfile_Forms_for_furnishing_of_PAN_KYC.zip
Reclaiming Shares After Transfer
Even after the shares and dividends are transferred to the IEPF, shareholders retain the right to claim them back. This can be done by submitting an online application to the IEPF in Form IEPF-5, available on the website www.iepf.gov.in, and sending a physical copy of the same to the Company with the required documents.
Source: BSE
