Godrej Consumer Products Limited (GCPL) has announced the transfer of unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF) by September 2026. The company has identified dividends issued since May 2019 that remain unclaimed as of March 31, 2026.
According to Section 124(5) of the Companies Act, 2013, dividends unclaimed for seven years must be transferred to the IEPF. Additionally, Section 124(6) mandates the transfer of shares associated with unclaimed dividends for the same period. GCPL has informed shareholders that the interim dividend paid in August 2019 will reach the seven-year mark on September 6, 2026.
Shareholders are urged to lodge claims for unclaimed dividends by August 10, 2026. Claims can be submitted to the company’s Registrar and Transfer Agent, MUFG Intime India Private Limited, along with the necessary Know Your Customer (KYC) documents. Failure to claim by the deadline will result in the transfer of shares to the IEPF without further notice.
For shares held in dematerialised form, shareholders must submit a self-attested Client Master List (CML) after KYC updates. Those holding shares in physical form should provide the required KYC documents.
The Securities and Exchange Board of India (SEBI) requires physical security holders to furnish PAN linked to Aadhaar, contact details, specimen signatures, bank account details, and nomination details. From April 1, 2024, dividends will be paid electronically, contingent on the provision of these details.
Post-transfer, shareholders can reclaim dividends and shares from the IEPF by submitting an online application using E-Form IEPF-5 and sending a signed physical copy with necessary documents to the company or its Registrar for verification.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).