Somany Ceramics Reminds Shareholders on Unclaimed Dividend Payments

Somany Ceramics Reminds Shareholders on Unclaimed Dividend Payments​

Somany Ceramics Limited has issued a reminder to shareholders regarding dividends that remain unclaimed or unpaid in the company’s Unpaid Dividend Accounts. The notice specifies the procedure for investors who wish to claim these outstanding payments through the designated Registrar and Share Transfer Agent (RTA).

The company highlighted that any amounts transferred to its Unpaid Dividend Account that remain unclaimed can be subject to transfer to the Investor Education and Protection Fund after a specified period. Additionally, shares associated with dividends remaining unpaid for seven consecutive years or more are required to be transferred to the Demat Account of the Investor Education and Protection Fund Authority.

The company provided a detailed list of financial years during which dividends remain unclaimed/unpaid in relation to certain shareholders' accounts.


Shareholders are requested to submit an application to the Registrar and Share Transfer Agent, M/s Maheshwari Datamatics Private Limited, to claim their outstanding dividends immediately. Shareholders must ensure that correct bank details, including Bank Account number and IFSC/MICR, are registered against their Demat account with their Depository Participant or RTA.

The required documentation varies based on whether the shares are held in physical or Demat form.

For shareholders holding shares in Demat Form:
* A copy of the Client Master List (CML) showing name, address, and bank account details registered against the Demat account, OR the original cancelled cheque leaf bearing the name of the first holder.

For shareholders holding shares in Physical Form:

• Forms ISR-1, ISR-2, or ISR-3 duly filled and signed.
• The original cancelled cheque leaf bearing the name of the first holder, or a bank attested copy of the first page of the Bank Passbook/Statement of Account along with a cancelled cheque.

The company noted that no payment can be processed without complete bank details being registered against the shareholder’s account.

SOMANYCERA Stock Price Movement​

Shares of Somany Ceramics Limited slipped today, shedding 3.23% to settle at ₹495.60 in post-market trading. The equity traded within an intraday range of ₹491.10 to ₹515, with a total volume of 53,874 shares transacted during the session.