Sudarshan Chemical Industries Limited has published a notice regarding the transfer of unclaimed final dividend for the Financial Year 2018-19 and the underlying equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is being taken in accordance with Section 124(6) of the Companies Act, 2013, and the relevant IEPF Rules. Shareholders who have not claimed their final dividend for FY 2018-19 and subsequent dividends for seven consecutive years are urged to apply to the Company or its Registrar and Share Transfer Agent (RTA) by September 5, 2026, with a valid request and necessary documents. This is to prevent the transfer of their shares to the IEPF Suspense Account. The company has also made a list of such shareholders and shares due for transfer available on its website. For shareholders holding equity shares in physical form, the original share certificates will be automatically cancelled and deemed non-negotiable, with the underlying shares transferred to the IEPF Suspense Account. For shares held in demat form, the concerned depository will effect the transfer. The notice emphasizes that after the transfer, no claim will lie against the company in respect of such unclaimed dividend amounts and shares. Shareholders can reclaim their amounts and shares from the IEPF Authority by following the prescribed procedure on the IEPF Authority's website.
