Tejas Networks Ltd. has issued a formal notice to shareholders who have failed to claim dividends for seven consecutive years or more, specifically starting from the financial year 2018-2019. In accordance with statutory requirements, these unclaimed dividends and the associated equity shares are slated for transfer to the Investor Education and Protection Fund (IEPF). Shareholders are urged to take necessary action by August 10, 2026, to prevent the transfer of their assets.
Action Required for Shareholders
Tejas Networks Ltd. has identified shareholders with unclaimed dividend amounts for the financial year 2018-2019 and beyond. If these dividends remain uncashed for a period of seven consecutive years, the company is legally mandated to transfer both the dividend amount and the corresponding equity shares to the Investor Education and Protection Fund (IEPF). Shareholders must complete the claim process on or before August 10, 2026, to retain their holdings.
How to Claim Your Dividend
Shareholders are advised to contact the company’s Registrar and Transfer Agents, MUFG Intime India Pvt. Ltd., to initiate the claim. The process depends on how the shares are currently held:
- Electronic Form: Shareholders should provide a copy of their Client Master List, which must be digitally signed or self-attested.
- Physical Form: Shareholders must submit Form ISR-1, Form ISR-2, and Form SH-13 (or Form ISR-3), along with an original cancelled cheque to verify bank details.
Consequences of Non-Action
Failure to claim the dividend by the August 10, 2026 deadline will result in the automatic transfer of both the dividend and the equity shares to the IEPF Authority. For those holding physical shares, original share certificates will be cancelled and replaced by new certificates issued in the name of the IEPF. If shares are held in demat form, the company will coordinate directly with depositories to debit the shares from the shareholder’s account.
While assets transferred to the IEPF can still be recovered via an online application using Form IEPF-5 on the official government portal, acting before the deadline is strongly recommended to avoid administrative delays and the loss of direct control over your investments.
Source: BSE
