Unclaimed Dividend

The Central Government has notified the constitution of Investor Education and Protection Fund Authority with effect from 7th September 2016 and in terms of Section 124 of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer  And  Refunds) Rules, 2016 and Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2017 (“IEPF Rules”), the company has to transfer not only the unclaimed dividends but also the equity shares in respect of which dividends are not  claimed for the continuous period of seven years by any shareholder, to the IEPF Demat A/c as may be identified by the IEPF Authority.
Unclaimed dividend for the years prior to and including the financial year 2008-09 has been transferred to the Investor Education and Protection Fund (IEPF) established by the Central Government, as applicable.
List of shareholders who have not claimed the dividends for the last seven years i.e., the financial year from 2008-09 onwards and whose shares are to be transferred to IEPF after due date of 31/05/2017 is enclosed. Click here for the list.
Please note that in case there is no such claim for the unclaimed dividends on or before 31/05/2017 in respect of financial year 2008-09, the Company would be transferring such shares to IEPF.
Concerned shareholders holding shares in physical form and whose shares are liable to be transferred to the IEPF suspense account, may note that the Company would be issuing duplicate share certificate(s) in lieu of the original held by them for the purpose of transfer of shares to the IEPF suspense account as per the Rules and upon such issue, the original share certificate(s) which are registered in their name will stand automatically cancelled and be deemed non-negotiable. The shares held in demat account of the concerned shareholders will be transferred to the IEPF Demat A/c as per the said Rules.
In respect of underlying shares of unclaimed dividends of subsequent financial year i.e.2009-10 onwards, the company will transfer such shares and unclaimed dividends to IEPF as per the enclosed schedule Click here for the list.
List of shareholders who have not claimed the dividends as on date of Annual General Meeting can be accessed under investors page for the necessary action of concerned shareholders.

Claiming of unclaimed dividends before transfer to IEPF:

Shareholders are advised to make  your claim for the unclaimed dividends in respect of the Shares held by you,  by writing to our Registrar and Share Transfer Agents, M/s. S.K.D.C. Consultants Limited, Kanapathy Towers, 3rd Floor, 1391/A-1, Sathy Road, Ganapathy, Coimbatore – 641006 (Email: [email protected], Phone: +91 422 6549995, 2539835-836).

Claiming of shares/dividends after transfer to IEPF:

In case you wish to claim the shares / Dividend(s) after its transfer to IEPF, a separate application has to be made to the IEPF Authority in Form IEPF-5, as prescribed under the IEPF Rules and the same is available at IEPF website i.e., www.iepf.gov.in.
The claimant, after making an application in Form IEPF-5, has to send a copy of the same , duly signed by him along with requisite documents as enumerated in Form IEPF-5, for verification of his claim, to -the Company Secretary at IV/470A(old) W638A(New), Manappuram House, Valapad, Thrissur, Kerala-680567 (Email: [email protected], Phone 0487- 3050100, 3050108.)