Jubilant Pharmova Limited is issuing a critical reminder to shareholders regarding unclaimed dividends and equity shares. Dividends unpaid for 7 consecutive years, including for the financial year 2018-19, are slated for transfer to the Investor Education and Protection Fund (IEPF) by October 31, 2026. Shareholders are urged to claim their unpaid dividends and any associated shares by applying to Alankit Assignments Limited before August 31, 2026 to avoid transfer.
Urgent Shareholder Notification
Jubilant Pharmova Limited is providing an important notification to its shareholders concerning unpaid dividends and the potential transfer of equity shares to the Investor Education and Protection Fund (IEPF). This communication is in accordance with the provisions of Section 124(6) of the Companies Act, 2013, and the related IEPF Rules.
Impending Transfer to IEPF
Shareholders whose dividends have remained unclaimed for a period of seven consecutive years or more are hereby informed that their unpaid dividends and corresponding equity shares will be transferred to the IEPF. Specifically, for the financial year 2018-19, any unpaid or unclaimed dividend is scheduled for transfer to the IEPF on October 31, 2026. This transfer also applies to equity shares associated with these unclaimed dividends, unless there is a specific restraining order or the shares are pledged.
Action Required by Shareholders
Shareholders who have unpaid/unclaimed dividends and equity shares are strongly advised to take immediate action. To claim these outstanding amounts and shares, an application must be submitted to Alankit Assignments Limited (Unit: Jubilant Pharmova Limited), located at 205-208, Anar Kali Complex, Jhandewalan Extension, New Delhi – 110055. The deadline for submitting these applications is August 31, 2026. This early submission is crucial to ensure that the company can process the applications before the transfer deadline and prevent the funds and shares from being transferred to the IEPF.
Claiming Transferred Shares and Dividends
Please note that once dividends and shares are transferred to the IEPF Authority, no claims can be made against the Company. However, shareholders still have the right to claim these transferred dividends and equity shares directly from the IEPF Authority. This can be done by submitting an online application in Form IEPF-5 and following the prescribed procedure.
Important Documentation for Claimants
For those wishing to claim their unpaid dividends and equity shares, the following documents are required when submitting the application to Alankit Assignments Limited:
- A request letter, duly signed by the shareholder(s).
- A self-attested copy of the shareholder(s)’ PAN Card.
- A photocopy of a cancelled cheque.
- The original share certificate(s).
Jubilant Pharmova Limited urges all concerned shareholders to treat this matter with priority to ensure their entitlements are secured before the impending transfer.
Source: BSE
