Trent Limited is reaching out to shareholders who have yet to claim their dividend payments. The company has initiated a process to identify and inform these shareholders, urging them to claim their unclaimed dividend amounts. This communication aims to ensure shareholders receive their entitled payments before unclaimed amounts are transferred to the Investor Education and Protection Fund (IEPF) as per regulatory guidelines.
Unclaimed Dividend Initiative
Trent Limited is actively contacting shareholders to facilitate the claiming of outstanding dividends. The company emphasizes that this is a standard procedure to ensure all entitled shareholders receive their dividends before the unclaimed amounts are transferred to the Investor Education and Protection Fund (IEPF).
Claiming Process for Shareholders
Shareholders who have not yet claimed their dividends are advised to follow specific steps to initiate the claim. The required documents differ based on whether the shares are held in demat or physical form.
For shares held in Demat form:
A copy of the Demat Account Statement (Client master list) showing name, address, demat, and bank account details registered against the demat account is required. Ensure that correct bank details, including the core banking account number and IFSC/ MICR code, are registered with the Depository Participant.
For shares held in physical form:
Investor Service Request Form ISR – 1 and Form ISR – 2 need to be duly filled and submitted along with supporting documents, including the original cancelled cheque with the shareholder’s name printed on it. This must be returned to the Registrar and Transfer Agent (RTA).
Payments will be credited directly to the bank account if the folio is KYC Compliant.
IEPF Transfer
If dividends are not claimed by the due date, the outstanding amount will be transferred to the IEPF. Once transferred, claims against the company will no longer be valid.
Contact Information
For any queries, shareholders can contact MUFG Intime India Private Limited, the RTA of the Company, at C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083, Tel No.: 8108118484. Alternatively, a request can be raised through their website.
Source: BSE