Syngene International has issued a formal notice to shareholders urging them to claim unpaid dividends for FY 2018-19 and onwards. To prevent the transfer of shares and unclaimed dividends to the Investor Education and Protection Fund (IEPF), shareholders must complete the necessary verification process by August 21, 2026. Failure to act by this deadline will result in the mandatory transfer of both the unpaid dividend amount and the corresponding equity shares to the authorities.
Urgent Action Required for Shareholders
Syngene International is reaching out to shareholders who have unpaid or unclaimed dividends for the financial years from 2018-19 onwards. Under current statutory requirements, any dividends that remain unclaimed for a period of seven consecutive years, along with the underlying equity shares, must be transferred to the government-established Investor Education and Protection Fund (IEPF).
Important Deadlines
Shareholders are advised to take immediate action to secure their holdings. All claims for unpaid dividends must be submitted to the company or its Registrar and Share Transfer Agent, KFin Technologies Limited, no later than August 21, 2026. If the dividend remains unclaimed by August 26, 2026, the company is mandated to transfer the associated shares and funds to the IEPF without further notice.
Required Steps for Compliance
To claim your dividend or update your records, please ensure the following actions are taken:
- For original dividend warrants: Submit a self-attested copy of your PAN card, address proof, and an updated Client Master List featuring valid bank account details.
- For lost or untraceable instruments: Complete and submit the provided Application-cum-Undertaking (Annexure I) along with the aforementioned identity and bank documentation.
- KYC Compliance: All shareholders, particularly those holding physical certificates, are required to mandatorily update their PAN, nomination details, bank information, and contact details to ensure prompt communication and seamless dividend remittance.
Shareholders holding shares in physical form should note that the company will issue duplicate share certificates to facilitate the transfer process, which will automatically render original certificates invalid. We strongly encourage all eligible members to update their bank details and email addresses immediately to avoid the transfer of their assets to the IEPF Authority.
Source: BSE
