Godrej Agrovet has issued an urgent notice to its shareholders, urging them to claim any outstanding dividends by August 31, 2026, to prevent their equity shares and unclaimed dividends from being transferred to the Investor Education and Protection Fund (IEPF). According to the provisions of the Companies Act, 2013, and the Investor Education and Protection Fund Authority Rules, dividends that remain unclaimed for seven consecutive years must be transferred to the IEPF.
The company has detailed the actions required by shareholders to claim their dividends. Shareholders holding shares in demat form need to update their bank details with their depository participant and submit necessary documents to KFin Technologies Limited, the company’s registrar and share transfer agent. Those holding shares in physical form must send various documents, including bank details, filled-in annexures, and investor service request forms, to the registrar.
Failure to complete these actions by the specified date will result in the transfer of shares and dividends to the IEPF. For shares in demat form, the shares will be transferred to the IEPF without further notice. For shares in physical form, new share certificates will be issued to the IEPF, and the original certificates will be cancelled.
Shareholders are advised to update their KYC details with the registrar, including their Permanent Account Number (PAN), bank account details, and nomination choice. From April 1, 2024, dividend payments will only be processed electronically for those who have furnished these details.
For any queries, shareholders can contact Godrej Agrovet or KFin Technologies Limited through the provided contact details.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).