Tata Consumer Products Limited has issued a final reminder to shareholders regarding dividends that have remained unclaimed for seven or more consecutive years. These unclaimed amounts, along with the corresponding shares, are scheduled for transfer to the Investor Education and Protection Fund (IEPF) on June 30, 2026. Shareholders must submit requisite forms to the Registrar & Transfer Agent (RTA) by this deadline to avoid the transfer and ensure their payments are secured.
Final Call to Claim Unpaid Dividends
Tata Consumer Products Limited has announced a crucial reminder for shareholders who have dividends remaining unpaid for seven or more consecutive years. In compliance with relevant corporate laws, all such unpaid dividends, along with the corresponding shares, are slated for transfer to the Investor Education and Protection Fund (IEPF).
Shareholders are urged to act immediately to claim these funds. The final deadline set by the company to receive the payment and prevent the transfer to the IEPF is June 30, 2026.
Action Required Based on Holding Status
The necessary steps differ based on whether shares are held in electronic (Demat) or physical form:
For Shareholders Holding Shares in Electronic Form:
- Submit a self-attested copy of the client master list to the Registrar & Transfer Agent (RTA).
- Crucially, shareholders must ensure their bank details registered against the Demat account are correct, as payment will be credited directly there.
- If the folio is KYC Compliant, outstanding payments will be credited directly to the registered bank account upon submission of the correct forms (ISR-1, ISR-2, SH-13).
For Shareholders Holding Shares in Physical Form:
- Shareholders must submit the Investor Service Request Form (ISR – 1), Form ISR – 2, and Form No. SH 13 (Nomination Form), duly filled.
- They must also include the original cancelled cheque showing the shareholder’s name.
- Payment can only be made if the holding folio is KYC compliant.
Consequences of Non-Action
If dividends are not claimed by June 30, 2026, the Company will transfer the unclaimed dividend amounts (e.g., FY 2018-19 onwards) and the associated shares to the IEPF without further notice.
Once shares and dividends are transferred to the IEPF, they can only be claimed directly from the IEPF Authority using Form IEPF-5, following the procedures outlined by the Authority. No further claims can be made against the Company for these transferred assets.
RTA Contact Information
All required forms and documentation must be sent to the RTA, MUFG Intime India Private Limited (formerly Link Intime India Private Limited), at their Mumbai office address.
Important Note on Share Structure
The Company reminds shareholders that based on SEBI regulations, shares must ultimately be held in dematerialized mode. Physical shareholders are strongly advised to initiate the process to dematerialize their holdings at the earliest convenience.
Source: BSE
