APAR Industries has issued an important notification for shareholders who have not encashed dividends for seven consecutive years. To prevent the transfer of their shares to the Investor Education and Protection Fund (IEPF), affected shareholders must take corrective action by September 3, 2026. The company has also launched a ‘Saksham Niveshak’ campaign to assist investors in updating their KYC, bank details, and nomination records to ensure the secure receipt of future dividends.
Shareholder Action Required
APAR Industries has identified accounts where dividend warrants have remained unclaimed for the last seven consecutive years, starting from the 2018-2019 financial year. Under statutory requirements, shares associated with these unclaimed dividends are liable to be transferred to the Investor Education and Protection Fund (IEPF). To avoid this, shareholders must claim their outstanding dividends by the deadline of September 3, 2026.
‘Saksham Niveshak’ Campaign
To support shareholders, the company has proactively launched the ‘Saksham Niveshak’ initiative. Running from April 1, 2026, to July 9, 2026, this campaign is designed to help investors resolve issues related to unpaid dividends and update their essential records, including PAN, bank account details, addresses, and nominations. Updating these details is critical to ensuring that future payouts are received without delay.
How to Secure Your Assets
Shareholders are urged to verify their status and submit the required documentation through the company’s designated Registrar and Share Transfer Agent. Necessary forms for KYC and nomination updates—specifically Forms ISR-1, ISR-2, ISR-3, SH-13, and SH-14—are available on the company’s official investor portal. Should shares be transferred to the IEPF, investors can still initiate a recovery process by filing WEB Form IEPF-5 through the official government portal, though taking action before the September deadline is strongly recommended to avoid the transfer process entirely.
Source: BSE
