<h1>Dhampur Sugar Mills Limited Moves Unclaimed Dividends and Shares of FY 2018-19 to IEPF</h1>
Dhampur Sugar Mills Limited has initiated the process for transferring unclaimed dividend amounts and corresponding equity shares pertaining to the Financial Year 2018-19 to the Investor Education and Protection Fund (IEPF) Demat Account. The move is mandated following established regulations governing dividends that remain unclaimed for a specified period.
The company confirmed that all such shares, regarding which dividends have not been encashed or claimed by shareholders for seven consecutive years or more, are required to be transferred to the IEPF Demat Account as per applicable provisions of the Companies Act, 2013.
Details concerning this transfer and the specific financial year are provided below:
| Financial Year | Dividend Amount (Rs.) | Equity Shares due for Transfer to IEPF |
|---|---|---|
| 2018-19 (Final) |
The company has set out strict deadlines for shareholders. The Due Date of Transfer to the IEPF is October 8, 2026, while the date by which claims must be forwarded to the Company is October 2, 2026. Once transferred to the IEPF Demat Account, no claim shall lie against Dhampur Sugar Mills Limited concerning the unclaimed dividend amount or the corresponding shares.
Shareholders are requested to submit their claims for the unpaid/unclaimed dividends and equity shares for Financial Year 2018-19 by providing requisite documents. These include a formal request letter signed by all holders, a self-attested copy of PAN Card and Address Proof, and either a Cancelled Cheque or Bank Statement or Passbook etc.
The company noted that if the dividends are not encashed or claimed within the stipulated time period, the shares will be transferred to the IEPF Demat Account without further notice from the management. It was also noted that any subsequent corporate benefits accruing on those specific shares will be credited to the said IEPF Demat Account.
Following the transfer of dividend and shares to the IEPF Demat Account, shareholders may claim both the unclaimed dividend amount(s) and the shares directly from the IEPF Authority by submitting an online application in the prescribed Form IEPF-5.
DHAMPURSUG Stock Price Movement
Today, shares of Dhampur Sugar Mills Limited rallied slightly, settling at ₹140.44 after climbing by 1.23% in post-market trading. The equity saw solid activity during the session, with a total traded volume recorded at 143,233 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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