Jubilant Pharmova Limited has issued a critical reminder to shareholders regarding unpaid dividends from the financial year 2018-19. Dividends and corresponding equity shares that remain unclaimed for seven consecutive years are scheduled for transfer to the Investor Education and Protection Fund (IEPF) Authority on October 31, 2026. Shareholders are urged to claim unpaid dividends by May 15, 2026, by submitting required documents to Alankit Assignments Limited.
Urgent Notice on Unclaimed Dividends and Share Transfer
Jubilant Pharmova Limited has formally communicated an important regulatory disclosure concerning dividends that have remained unpaid or unclaimed by shareholders. This communication is pursuant to applicable corporate law provisions regarding the transfer of unattended funds and securities.
The core issue is the unpaid/unclaimed dividend pertaining to the financial year 2018-19. Records indicate that this dividend has remained unclaimed by the shareholder(s) associated with the provided Folio No./DP ID-Client ID (Note: Specific IDs are referenced in individual letters, such as 530019 for BSE and a specific folio number in other instances).
Impending Transfer Date to IEPF
Under the prescribed rules, all equity shares linked to dividends that have not been paid or claimed for seven (7) consecutive years or more are required to be transferred to the Investor Education and Protection Fund (IEPF) Authority. The due date for the transfer of the 2018-19 dividend and associated shares is scheduled for October 31, 2026.
Shareholders should note that corporate benefits accruing on such shares will also be credited to the IEPF Authority post-transfer, except in cases where a specific restraining order is in place or shares are pledged.
Action Required by Shareholders
Shareholders are strongly requested to claim their unpaid/unclaimed dividend amount before May 15, 2026. This deadline allows sufficient processing time prior to the final transfer date.
Claim Procedure for Unclaimed Dividends:
Applications for claiming unpaid/unclaimed dividends must be submitted to Alankit Assignments Limited (Unit: Jubilant Pharmova Limited) at their New Delhi address. The required documentation includes:
- Request letter duly signed by the shareholder(s).
- Self-attested copy of the PAN Card(s) of the shareholder(s).
- Photocopy of a blank cancelled cheque.
- Original Share Certificate(s) (where applicable, especially for physical holdings).
Note on Physical Certificates (Specific Folio Example)
For shareholders holding physical certificates (e.g., in one specific folio mentioned), records show that old Rs. 10 or Rs. 5 denominated certificates have not been surrendered for exchange with the new Re. 1 denominated shares. The shareholder is specifically requested to surrender these old share certificates to claim new certificates representing 445 Equity Shares before the transfer deadline.
Post-Transfer Claim Option
The company confirms that no claim shall lie against Jubilant Pharmova Limited after the dividend and equity shares are transferred to the IEPF Authority. However, shareholders retain the right to claim the transferred amounts/shares directly from the IEPF Authority subsequently by applying online in Form IEPF-5, adhering to the prescribed IEPF Rules.
Shareholders are requested to treat this matter with high priority to ensure timely resolution.
Source: BSE
