Transfer of Shares to Investor Education and Protection Fund (IEPF) Suspense Account of the Central Government
Pursuant to the Section 124(6) of the Companies Act, 2013, read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (‘the Rules’), all unpaid or unclaimed dividends are required to be transferred by the Company to the IEPF established by the Central Government, after the completion of seven years. Further, according to the Rules, the shares in respect of which dividend has not been paid or claimed by the shareholders for seven consecutive years or more shall also be transferred to the demat account created by the IEPF Authority in accordance with the Rules.
(Appropriate form to be used by shareholders/claimants whose shares and/or dividend have been transferred by the Company to Investor Education and Protection Fund)
Address of IEPF authority for communication:
Mr. Aftab Alam, Assistant General Manager Investor Education and Protection Fund Authority, Ministry of Corporate Affairs, Ground Floor, Jeewan Vihar Building, 3, Parliament Street, New Delhi – 110001.