Kalyani Steels Limited Sends Notices Regarding Unpaid Dividends to Shareholders
Kalyani Steels Limited has issued notices concerning shareholders whose dividends have remained unpaid or unclaimed for seven or more consecutive years. The company took action on June 18, 2026, sending these individual notices to the registered addresses of affected shareholders.The correspondence addresses those individuals whose dividend payments are outstanding and remain uncollected, tracing back to the financial year 2018-19.
According to the company, the dividends in question, if remaining unclaimed for the specified period, mean that the corresponding shares are liable for transfer to the Investor Education and Protection Fund (IEPF).
The key details of the matter are summarized below:
| Aspect | Detail |
|---|---|
| Company | Kalyani Steels Limited |
| Nature of Issue | Unpaid/Unclaimed Dividends |
| Timeline Start | Dividend for 2018-19 |
| Required Period | Seven or more consecutive years |
| Action Taken Date | June 18, 2026 |
The notices were sent via physical letters to all shareholders whose details are available in the company's records. The purpose of the notice is to inform the stakeholders regarding the status of their unpaid dividends and the consequences related to the shares liability under the relevant provisions governing unclaimed dividends.
KSL Stock Price Movement
Today, Kalyani Steels Limited shares edged higher, closing the trading session at ₹829.30 after gaining 2.00%. The equity traded within a range between a low of ₹810.65 and a high of ₹833.90, with 62,667 shares recorded in volume.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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