
Royal Orchid Hotels Issues Reminder on Unclaimed Dividends, Notifying Shareholders of IEPF Transfer Process
Royal Orchid Hotels Limited has issued an intimation to shareholders regarding unclaimed dividends related to the Final Dividend for the Financial Year 2018-19. The notice informs long term investors about the process and timeline concerning shares that remain unclaimed after a specific duration.The company confirmed that it had paid the Final Dividend for FY 2018-19 during an Annual General Meeting (AGM) held on September 23, 2019. Those shareholders whose names appeared in the Register of Members on September 13, 2019, received the dividend. The total amount of the dividend that remained unpaid or unclaimed was transferred to the Unpaid Dividend Account on October 29, 2019.
Royal Orchid Hotels Limited stated that information regarding this unclaimed dividend was provided to shareholders through the Annual Report for FY 2024-25.
Under company law provisions, all equity shares concerning which a dividend has remained unclaimed for seven consecutive years or more are required to be transferred into the name of the Investor Education and Protection Fund (IEPF). Furthermore, any unclaimed dividends that have been held for seven years or longer must also be transferred by the Company to the IEPF established by the Central Government.
The company reminded shareholders regarding their outstanding dividend claims against the Final Dividend of FY 2018-19 and subsequent periods.
A summary of the relevant dividend history, based on the issued warrant details, is presented below:
| Dividend Warrant No. | Date of Warrant/Payment | Last date of Claim |
|---|---|---|
| (Not specified) | 25-09-2019 | 27-10-2026 |
| (Not specified) | 16-10-2023 | N/A |
| (Not specified) | 15-10-2024 | N/A |
| (Not specified) | 06-10-2025 | N/A |
Shareholders who wish to claim the outstanding dividend must submit an application and supporting documents to Integrated Registry Management Services Private Limited, the company’s Registrar and Share Transfer Agent. The deadline for submitting claims is October 27, 2026.
The company warned that failure to complete the necessary procedures by the specified date will result in both the dividend amount and the relevant equity shares (whether held in physical or demat form) being transferred to the IEPF Authority. Shareholders are advised to claim these funds directly from the IEPF by submitting an online application using Form IEPF-5, which is available on www.iepf.gov.in.
ROHLTD Stock Price Movement
Shares of Royal Orchid Hotels Limited today slipped by 2.55% to close at ₹311.60, as investor sentiment dipped in post-market trading. The stock witnessed significant movement during the day, finding a low near ₹309.75 and topping out at an intraday high of ₹323.90.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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