Hindustan Copper Notifies Shareholders on Transfer of Unclaimed Shares and Dividends to IEPF

Hindustan Copper Notifies Shareholders on Transfer of Unclaimed Shares and Dividends to IEPF​

Hindustan Copper Limited has notified its shareholders regarding the transfer of certain shares to the Investor Education and Protection Fund (IEPF) Authority. The action pertains to those shares where dividends have remained unclaimed for a period of seven consecutive years, as stipulated by relevant regulations governing shareholder accountability.

The company’s notice addresses all members whose dividends have been remaining unclaimed for seven years, stating that such shares are subject to transfer to the IEPF in compliance with established rules for the management of unclaimed assets.

Key Transfer Details and Deadlines​

The notification outlines specific timelines and conditions concerning shareholders who hold unclaimed equity shares. Shares belonging to members whose dividend has remained unpaid or unclaimed for seven consecutive years will be transferred to the IEPF.

A critical deadline is set for all concerned shareholders, requesting them to claim their unclaimed/unpaid dividends from Financial Year (FY) 2018-19 onwards on or before August 21, 2026.

If these claims are not actioned by the specified date, the shares corresponding to the uncleared dividend amounts for FY 2018-19 through FY 2025-26 are liable to be transferred to the IEPF within one month of the due date, which is October 4, 2026.

Share Transfer and Recovery​

The shareholders concerned with the transfer have been informed that any shares transferred to the IEPF Authority—including all benefits accruing on those shares, if any—can be claimed back from the IEPF Authority by following the prescribed procedures defined under the relevant Rules.

Hindustan Copper Limited has also provided detailed information regarding shareholders who have unencashed dividends and whose shares are due for transfer, making these details accessible on the company’s official website.

HINDCOPPER Stock Price Movement​

Hindustan Copper Limited shares slipped today, dropping 2.10% to settle at ₹499.25. The stock traded on a volume of 3.39 million shares in the post-market session.