Hero MotoCorp has issued a critical notice to shareholders who have not encashed their Final dividend for the financial year 2018-19. Under statutory requirements, both the unclaimed dividend amount and the associated shares are slated for transfer to the Investor Education and Protection Fund (IEPF). Shareholders must complete the necessary claim procedures by August 20, 2026, to prevent the automatic transfer of their assets to the authority.
Important Action Required for Shareholders
Hero MotoCorp is reaching out to shareholders whose dividend warrants for the 2018-19 fiscal year remain uncashed. If these dividends remain unclaimed for a period of seven consecutive years, both the funds and the corresponding equity shares are legally mandated to be transferred to the IEPF Authority. This transfer process will be initiated if a valid claim is not received by the company on or before August 20, 2026.
Steps to Claim Your Entitlements
To secure your dividend and prevent the transfer of your shares, shareholders are required to submit specific documentation to the company’s Registrar & Share Transfer Agent (RTA). Required documents include self-attested copies of PAN and address proof, a personalized cancelled cheque, and the original time-barred dividend warrant or an indemnity bond in case of loss. For joint holdings, all holders must sign the submitted forms.
Submission Channels
Shareholders can submit the required hard copies to the RTA office in Hyderabad or utilize the electronic submission route. Scanned copies can be sent via email, provided they are processed with an e-sign as per the guidelines from the Controller of Certifying Authorities. Please note that once shares are transferred to the IEPF, shareholders will need to follow a separate online application process via Form IEPF-5 on the official government portal to recover their assets.
Participate in the ‘Saksham Niveshak’ Campaign
In addition to this action, the company is encouraging shareholders to participate in the Second 100 Days’ Campaign, ‘Saksham Niveshak’, running from April 1, 2026, to July 9, 2026. This initiative is designed to assist investors with unclaimed dividends by focusing on KYC updation and other compliance measures necessary to streamline the recovery of financial entitlements.
Source: BSE
