Bata India has issued a notice to its shareholders regarding the transfer of unclaimed equity shares to the Investor Education and Protection Fund Authority (IEPF) Demat Account. This action pertains to shares for which dividends have remained unclaimed or unpaid for seven consecutive years.
The company has communicated individually with affected shareholders, advising them of the impending transfer in accordance with Section 124(6) of the Companies Act, 2013, and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Shareholders who have not encashed their dividends since the financial year 2018-19 are at risk of having their shares transferred to the IEPF Demat Account.
Bata India has made the necessary details available on its website under the ‘Investor Relations’ section. Shareholders are urged to take appropriate action to claim their dividends. They can do so by submitting a written application with their physical signature, complete postal address, and relevant banking details to the company’s registered office or its Registrar and Share Transfer Agent, MUFG Intime India Private Limited.
The company has set a deadline of 18 June 2026 for shareholders to submit a valid claim to prevent their shares from being transferred. After this date, no claims will be entertained against shares transferred to the IEPF Demat Account.
For shares held in physical form, duplicate share certificates will be issued and converted into demat form before being transferred to the IEPF Demat Account. For shares held in demat form, the transfer will be effected through a corporate action by the depository.
Shareholders can reclaim their unclaimed dividends and shares from the IEPF Authority by submitting an online application using Form IEPF-5, available on the IEPF website. For further assistance, shareholders can contact Bata India‘s registered office or the Registrar and Share Transfer Agent.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).