UltraTech Cement has issued a notice to its shareholders regarding the transfer of unpaid dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF). The transfer is in accordance with Section 124(5) of the Companies Act, 2013, which mandates that dividends unclaimed for seven years be moved to the IEPF.
The company has already transferred shares related to unpaid dividends from the financial year 2017-18 to the IEPF. Shareholders are urged to claim dividends from subsequent years, starting from the financial year 2018-19, to avoid further transfers. The deadline for claiming these dividends is set for 24th August, 2026.
UltraTech Cement has requested shareholders to submit a cancelled cheque and necessary documentation to facilitate direct credit of dividend amounts into their bank accounts. Failure to communicate by 15th July, 2026, will result in the transfer of shares to the IEPF.
Shareholders can reclaim transferred shares or dividends by applying through the web Form IEPF-5, available on the IEPF’s website. UltraTech Cement also supports the IEPF Authority’s “Saksham Niveshak” campaign, encouraging shareholders to update KYC details and submit claims for dividends.
For further assistance, shareholders can contact UltraTech Cement or KFin Technologies Limited, the company’s Registrar and Transfer Agent.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).