Tejas Networks Ltd. has issued an important notification for shareholders who have yet to claim their dividends for the 2018-2019 financial year. Any unclaimed dividends remaining after August 10, 2026, will be transferred to the Investor Education and Protection Fund (IEPF). Furthermore, shares associated with seven consecutive years of unclaimed dividends are also liable for transfer to the Fund. Shareholders are urged to take immediate action to secure their funds and holdings.
Action Required for Unclaimed Dividends
Shareholders holding unpaid or un-encashed dividends for the 2018-2019 financial year are requested to verify their status. According to statutory requirements, funds that remain unclaimed for a period of seven years must be transferred to the government-established Investor Education and Protection Fund. To prevent the loss of these dividends, shareholders must initiate their claims with the company’s Registrar and Transfer Agent (RTA) by August 10, 2026.
How to Claim Your Dividends
To process your claim, please contact the RTA, MUFG Intime India Pvt. Ltd., and submit the necessary documentation. The requirements vary based on how your shares are held:
- Electronic Form: Submit a copy of your Client Master List, which can be digitally signed if sent via registered email.
- Physical Form: Provide the required Investor Service Request Forms (ISR-1, ISR-2, and SH-13 or ISR-3) along with a copy of a cancelled cheque that clearly displays the account holder’s name.
It is essential to ensure that your folio is KYC compliant to facilitate a direct credit to your bank account. This includes having your current address, mobile number, email ID, bank details, and a PAN linked to your Aadhaar registered with the RTA.
Important Compliance Warning
Beyond the dividend payout, please note that failing to claim dividends for seven consecutive years will result in the mandatory transfer of the underlying equity shares to the Investor Education and Protection Fund. Given the looming deadline of August 10, 2026, shareholders are strongly advised to complete all requisite filings and submit necessary documents to the RTA as soon as possible to avoid the transfer of their shares.
Source: BSE
