DCB Bank has issued a formal notification regarding unclaimed dividends for the financial year 2018-19. Shareholders who have not claimed their dividends for this period must take immediate action, as these funds, along with the underlying shares, are scheduled for transfer to the Investor Education and Protection Fund (IEPF) on July 7, 2026.
Upcoming Transfer to IEPF
The Bank has identified dividend amounts for the 2018-19 fiscal year that remain unpaid or unclaimed by certain shareholders for a period of seven consecutive years. Consequently, these unclaimed funds and associated equity shares are designated for transfer to the IEPF Authority. This transfer process will be finalized on July 7, 2026, for all affected accounts.
How to Claim Your Dividend
To avoid the transfer of your dividends and shares to the government fund, shareholders are strongly advised to submit a formal claim. All necessary applications, supported by relevant KYC documentation, must be received by the Bank or its Registrar and Share Transfer Agent (RTA) no later than June 25, 2026.
Mandatory KYC Compliance
In alignment with current industry directives, the Bank emphasizes the importance of maintaining up-to-date Know Your Customer (KYC) details. Physical security holders must ensure their PAN, mobile number, bank account details, and specimen signatures are registered. Providing an email address and nominating a beneficiary is also highly recommended to facilitate smooth communication and digital service access via the RTA’s online portal.
Support for Shareholders
Shareholders requiring assistance or clarification regarding their specific holdings can reach out to MUFG Intime India Private Limited, the Bank’s appointed Registrar. Detailed forms for updating KYC information and claiming dividends are available through their official investor services portal, SWAYAM, which provides a dashboard for tracking holdings and managing requests in a secure, digital environment.
Source: BSE
