<h1>Dhampur Sugar Mills Sets Deadline for Claiming Unpaid Dividend Before IEPF Transfer</h1>
Dhampur Sugar Mills Limited has issued a reminder to its shareholders regarding unpaid or unclaimed dividend amounts, warning them that these payments and associated equity shares are slated for transfer to the Investor Education and Protection Fund (IEPF) if not claimed by the specified deadline.
The company noted that any dividends remaining unpaid or unclaimed for a period of seven consecutive years must be transferred by Dhampur Sugar Mills Limited to the Central Government's established IEPF. Furthermore, all equity shares corresponding to dividend amounts that have remained unpaid or unclaimed for seven consecutive years are also required to be transferred to the IEPF Demat Account held by the Authority.
The crucial deadline for the transfer of these funds and shares is October 8, 2026. The company informed shareholders that their records indicate one or more dividends declared and payable to them remain unpaid or unclaimed, making the corresponding equity shares liable for transfer upon expiry of the statutory period.
Key financial years relevant to the reminder include:
| Financial Year | 2018-19 (Final) | 2019-20 (Interim) | 2022-23 (Interim) | 2021-22 (Interim) | 2022-23 (Interim) |
|---|---|---|---|---|---|
| Unpaid/Unclaimed Dividend Amount (Rs.) |
Shareholders are strongly advised to claim their unpaid or unclaimed dividend(s) before the applicable due date. Failure to do so means the associated dividend amounts and equity shares will be transferred to the IEPF Demat Account on October 8, 2026.
Once the transfer of the unpaid/unclaimed dividend(s) and corresponding equity shares to the IEPF occurs, no claim can lie against the company regarding these items. Any future corporate benefits accruing on such shares will also be credited to the IEPF. Shareholders who are transferred to the IEPF may subsequently reclaim the dividend amount and/or equity shares from the IEPF Authority by filing Form IEPF-5 online following the prescribed procedure.
DHAMPURSUG Stock Price Movement
Today, Dhampur Sugar Mills Limited gained 1.28% to close at ₹144.64, as the equity traded in the post-market session. The stock saw strong interest, with a total volume of 661,956 shares transacted throughout the day.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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