InterGlobe Aviation Limited has issued a notice regarding the transfer of unpaid dividends and unclaimed shares to the Investor Education and Protection Fund (IEPF) Authority. Shareholders are urged to claim their outstanding dividends for the Final 2018-19 and FINAL 2024-25 periods by specified due dates to prevent their transfer to the IEPF. The company emphasizes that once shares are transferred, claims will not be entertained by the company.
Important Notice on Unclaimed Dividends and Shares
InterGlobe Aviation Limited has issued an important announcement concerning shareholders who have unpaid or unclaimed dividends. In accordance with the Companies Act, 2013, and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, any dividends that remain unclaimed for a period of seven years from their transfer date will be moved to the IEPF Authority. Similarly, shares linked to these unclaimed dividends will also be transferred to the IEPF Demat Account.
Shareholder Action Required
Shareholders are specifically reminded about the following dividend warrants that have not been encashed and are due for transfer to the IEPF:
- FINAL 2018-19: Declared on August 27, 2019, with a due date for transfer to IEPF on September 26, 2026.
- FINAL 2024-25: Declared on August 20, 2025, with a due date for transfer to IEPF on September 19, 2032.
The company urges shareholders to claim their dividend promptly. Failure to do so will result in the transfer of unpaid dividends and subsequently, the eligible shares, to the IEPF Authority. The company will not entertain any claims for shares once they have been transferred to the IEPF.
Claiming Unpaid Dividends
To claim unpaid dividends, shareholders are advised to contact KFin Technologies Limited, the Registrar and Share Transfer Agent, at their Hyderabad office. The required documents include:
- A signed request letter for claiming unpaid dividend.
- The original time-barred Dividend Warrant/ Demand Draft.
- A self-attested copy of PAN Card.
- A cancelled Cheque bearing the shareholder’s name and linked to their demat account.
- A Letter of Undertaking (format provided by the company).
- A client master list of the demat account detailing the active bank account number and IFSC/MICR of the bank.
Shareholders are requested to submit their claim documents on or before Thursday, August 20, 2026. Please note that all unpaid dividends will be credited to the concerned shareholder’s bank account via online means only. The company reserves the right to request additional documentation to verify ownership.
Letter of Undertaking Details
A specific Letter of Undertaking for claiming unpaid dividend requires shareholders to provide their bank account details, including the bank name, branch, account number, account type, MICR number, and IFSC Code. It also includes an undertaking to hold the company harmless against any losses or damages related to the crediting of dividend amounts or the presentation of original dividend warrants. The undertaking must be signed by all holders and witnessed.
Shareholders are strongly encouraged to take immediate action to avoid the transfer of their dividends and shares to the IEPF Authority.
Source: BSE
