Godrej Consumer Products Limited has issued an urgent notice to shareholders regarding the transfer of unclaimed dividends and shares to the Investor Education and Protection Fund (IEPF). Shareholders who have not encashed dividends since May 2019 must take immediate action by August 10, 2026, to prevent their shares from being transferred to the authorities. Compliance with updated KYC norms is essential for all shareholders to maintain their eligibility for future service requests and payments.
Required Action for Shareholders
The company has identified that certain dividend payments have remained uncashed by investors since March 31, 2026. Under current statutory requirements, any dividends that remain unclaimed for a continuous period of seven years must be moved to the IEPF. Furthermore, the underlying equity shares associated with these unclaimed dividends will also be transferred if the status is not rectified by the specified deadline of August 10, 2026.
Steps to Claim Unpaid Amounts
To avoid the transfer of shares, shareholders are urged to contact the Registrar and Transfer (R&T) Agent, MUFG Intime India Private Limited, immediately. Claims must be submitted with the necessary documentation, including KYC compliance papers. For those whose shares are held in dematerialized form, a self-attested Client Master List (CML) is required alongside the claim.
Mandatory KYC and Documentation
Investors must ensure that their records are updated to meet recent regulatory standards. Required details include a PAN linked with Aadhaar, verified contact information, specimen signatures, bank account details, and valid nomination information. Failure to update these details may restrict a shareholder’s ability to lodge grievances or request services. Forms for these updates, such as Form No. ISR-1, can be accessed through the company or the R&T Agent’s official website.
Recovery Process After Transfer
Should the equity shares already be transferred to the IEPF, shareholders retain the right to reclaim them. This can be done by filing an online application using E-Form IEPF-5. Once the verification process is successfully completed by the company and the R&T agent, the unclaimed dividend and the corresponding shares will be transferred back to the investor’s account.
Source: BSE
