Tata Consumer Products has issued a reminder to its shareholders regarding unclaimed dividends that have remained unpaid for seven or more consecutive years. The company has urged shareholders to claim these dividends by 30 June 2026 to avoid the transfer of their shares to the Investor Education and Protection Fund (IEPF).
According to the announcement, the reminder letters have been sent to shareholders whose dividends have not been claimed, in accordance with Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The company has also made this information available on its website.
Shareholders holding shares in electronic form are required to ensure that their bank details registered against their demat account are correct. Payment will be made to the bank account registered against the demat account. Those holding shares in physical form must submit the necessary forms, including Form ISR-1, Form ISR-2, and Form No. SH 13, along with supporting documents, to the company’s Registrar & Transfer Agent, MUFG Intime India Private Limited, by the deadline.
Failure to claim the dividends by the specified date will result in the transfer of unclaimed dividends and corresponding shares to the IEPF. Shareholders can still claim their unclaimed dividends and corresponding shares from the IEPF Authority after obtaining a letter of entitlement from the company and submitting Form IEPF-5 online.
Tata Consumer Products has also advised shareholders to dematerialise their shares, as SEBI regulations mandate the transfer of shares only in dematerialised form. Shareholders are encouraged to keep their PAN, bank details, latest address, and email ID updated with the company’s Registrar & Transfer Agent or their Depository Participant.
For further queries, shareholders can contact the company’s Company Secretary & Nodal Officer, or the Investor Interface Cell at MUFG Intime India Private Limited.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).