Trident Group is transferring equity shares to the Investor Education and Protection Fund (IEPF) Authority, as mandated by regulations. This affects shares for which dividends have remained unclaimed for seven consecutive years. Shareholders are urged to verify their unclaimed dividends on the company website and take action before the transfer deadline to avoid the transfer of their shares to the IEPF. The transfer date depends on the date of declaration.
Equity Share Transfer to IEPF
Trident Group is set to transfer equity shares to the Investor Education and Protection Fund (IEPF) Authority, in accordance with applicable regulations. This transfer pertains to shares for which dividends have remained unclaimed for a period of seven consecutive years or more. This action is initiated as per Section 124 of the Companies Act, 2013, and the related IEPF rules.
Impact on Shareholders
Shareholders who have not claimed their dividends for seven consecutive years will have their corresponding shares transferred to the IEPF Authority. The company urges shareholders to check for any unclaimed dividends on its website to avoid the transfer of their shares.
Key Dates for Transfer
The transfer dates vary based on the dividend declaration date. Key dates include:
- February 21, 2026: For 3rd Interim Dividend FY 2018-2019 (Declared January 15, 2019).
- November 6, 2026: For Final Dividend FY 2018-2019 (Declared September 30, 2019).
- September 9, 2026: For 1st Interim Dividend FY 2019-2020 (Declared August 3, 2019).
- December 8, 2026: For 2nd Interim Dividend FY 2019-2020 (Declared November 2, 2019).
- March 28, 2027: For 3rd Interim Dividend FY 2019-2020 (Declared February 20, 2020).
- October 04, 2028: For Final Dividend FY 2020-2021 (Declared August 27, 2021).
- November 27, 2028: For 1st Interim Dividend FY 2021-2022 (Declared October 21, 2021).
- September 15, 2029: For 1st Interim Dividend FY 2022-2023 (Declared August 9, 2022).
- June 30, 2030: For 1st Interim Dividend FY 2023-2024 (Declared May 24, 2023).
- June 24, 2031: For 1st Interim Dividend FY 2024-2025 (Declared May 18, 2024).
- June 27, 2032: For 1st Interim Dividend FY 2025-2026 (Declared May 21, 2025).
How to Claim Unclaimed Dividends
Shareholders can claim their unclaimed dividends by February 21, 2026. If shares are transferred to IEPF, shareholders can still claim them back by submitting an online application (Form IEPF-5) on the IEPF website and sending a physical copy to the Company with necessary documents. Contact KFIN Technologies Limited for queries at [email protected].
Source: BSE
