HFCL announces transfer of unclaimed equity shares related to FY 2018-19 dividends to IEPF Authority

HFCL announces transfer of unclaimed equity shares related to FY 2018-19 dividends to IEPF Authority​

HFCL Limited has notified shareholders regarding the status of dividends declared for the financial year 2018-19 and subsequent years, whose corresponding shares have remained unclaimed for a period exceeding seven consecutive years. Under established regulations, these shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority.

The company confirmed that any equity shares on which dividends were not claimed for seven or more consecutive years must be transferred to the Demat Account of the IEPF Authority. Upon such a transfer, all corporate benefits accrued on those shares are credited to the IEPF Authority, and voting rights remain frozen until the rightful owner claims them.

Shareholders who have failed to claim the dividend declared by HFCL for the financial year 2018-19, or subsequent years, must take action if they wish to reclaim their unpaid dividends.

Claim and Transfer Details​

The company has provided a mechanism for shareholders to claim these unclaimed amounts. A crucial deadline is set for October 15, 2026. If the unpaid or unclaimed dividend is not claimed by this date, it will be transferred to the Investor Education Protection Fund Account. The final transfer of eligible shares to the IEPF Authority is scheduled for November 03, 2026.

For shareholders, the company has uploaded a complete list containing names and Folio/DP Id -client ID of those whose dividends remain unpaid on its website under the 'Dividend' tab of the 'Investors' section.

To claim the unclaimed dividend held by HFCL Limited, shareholders must submit a written application along with specific documentation to the Registrar and Transfer Agent (RTA). Required documents include:

• A copy of the self-attested PAN Card.
• A cancelled cheque or a copy of the bank statement/passbook.
• The original unencashed Dividend warrant, if available.

All applications must reach the RTA by October 15, 2026.

Once the shares and/or unclaimed dividends are transferred to the IEPF Authority or Fund, no claim regarding these assets can be made with the company. Shareholders who successfully transfer their eligible shares through corporate action will find that their original share certificate stands automatically cancelled and deemed non-negotiable upon the issuance of a duplicate share certificate by the company.

Those who have been transferred must follow the procedures provided on the official IEPFA website for refund purposes.

HFCL Stock Price Movement​

Today, HFCL Limited shares rallied to close at ₹193.56 after gaining 2.26%. The stock saw heavy trading activity throughout the session, with over 40.10 million shares transacting in the market today.