ICICI Prudential Life Insurance Company has issued a mandatory reminder to shareholders regarding unpaid or unclaimed dividends from FY2020 to FY2026. To prevent the transfer of these dividends and associated equity shares to the Investor Education and Protection Fund (IEPF), shareholders must submit their claims by August 18, 2026. Failure to act by this deadline will result in the automatic transfer of both the unclaimed dividend amounts and the underlying shares to the IEPF.
Shareholder Action Required
The company has identified dividends that have remained uncashed or unclaimed for a period of seven consecutive years or more. As a result, the company is required to transfer these funds, along with the corresponding shares, to the Investor Education and Protection Fund (IEPF). Shareholders are urged to verify their records and take immediate action if they have outstanding dividend warrants from the period of FY2020 to FY2026.
How to Claim Your Dividends
To avoid the transfer of your assets, you must ensure your claims are received by the registrar, KFin Technologies Limited, on or before Tuesday, August 18, 2026. You can initiate this process by:
- Submitting original unpaid dividend warrants if available.
- Returning the completed and signed letter-cum-indemnity provided by the company.
- Ensuring your KYC and bank account details are updated with your Depository Participant or the Registrar to facilitate electronic credit.
Important Compliance Notice
Please note that any request received after the August 18, 2026 deadline will not be processed by the company. Once assets are transferred to the IEPF, the company will no longer hold liability for these claims. In such cases, shareholders must follow the official IEPF-5 electronic filing process directly through the Ministry of Corporate Affairs to recover their funds and shares.
Support and Inquiries
For any assistance or clarification regarding your folio status, shareholders may contact the registrar, KFin Technologies Limited, at their designated office in Hyderabad or via email at [email protected]. It is recommended that you keep a copy of your correspondence with the company for your records.
Source: BSE
