Ambuja Cements has issued a notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) due to unclaimed dividends. Shareholders who have not claimed dividends for seven consecutive years or more are urged to claim their dividends by April 25, 2026, to avoid the transfer of their shares to the IEPF. The unclaimed dividends include those from 2018 onwards.
Equity Share Transfer Notification
Ambuja Cements is notifying shareholders about the potential transfer of their equity shares to the Investor Education and Protection Fund (IEPF). This action is due to unpaid or unclaimed dividends for seven consecutive years or more. The notice serves as a reminder to shareholders to take necessary action and claim their dividends before the specified deadline.
Unclaimed Dividend Details
The unclaimed dividends prompting this notification span from the financial year 2018 onwards. The dividends include:
* Final Dividend for The Year 2018: Rs 18.00
* Interim Dividend for The Year 2019: Rs 18.00
* Interim Dividend for The Year 2020: Rs 204.00
* Final Dividend for The Year 2020: Rs 12.00
* Final Dividend for The Year 2021: Rs 75.60
* Final Dividend for The Year 2022-23: Rs 30.00
* Final Dividend for The Year 2023-24: Rs 24.00
* Final Dividend for The Year 2024-25: Rs 24.00
Action Required by Shareholders
Shareholders who have not claimed their dividends are advised to submit their applications by April 25, 2026, to avoid the transfer of their shares to the IEPF. Applications can be sent via speed post, courier, or e-mail with a scanned image of the signed letter. The original letter should also be sent by post. For any clarification or information, shareholders can contact the Registrar and Transfer Agent.
IEPF Claim Process
After the transfer of shares to the IEPF, shareholders can still claim their shares and the unclaimed dividend amounts from the IEPF Authority. This requires submitting an online application in Form IEPF-5 along with the necessary documents. Claims for dividends declared after Final Dividend 2017 should be made with the Company.
Source: BSE
