CEAT Limited: Dividend Payment Delayed for Shareholders with Incomplete KYC/Bank Details
CEAT Limited is unable to credit the Rs. 35 per equity share dividend for FY25-26 to shareholders lacking valid KYC or bank details. Shareholders must update their information with their DP or RTA to receive the payment and avoid transfer to the Investor Education and Protection Fund.
This announcement pertains to a procedural issue for a subset of shareholders and does not directly impact the company's overall operations or financial health.
The announcement is a procedural communication regarding dividend payment issues due to incomplete shareholder information, not a reflection of the company's financial performance or operational status.
CEAT Limited has issued a communication to shareholders regarding the non-payment of their dividend for the Financial Year 2025-26. The dividend, declared at the 67th Annual General Meeting on August 17, 2026, and paid on August 21, 2026, could not be credited to certain shareholders due to invalid bank details or incomplete Know Your Customer (KYC) information.
The company is urging these shareholders to update their KYC and bank details promptly with their Depository Participant (for demat shares) or the Company's Registrar and Transfer Agent (RTA) for physical shares. This action is crucial to facilitate the dividend payout and prevent the subsequent transfer of unpaid dividends and underlying equity shares to the Investor Education and Protection Fund Authority.
Shareholders holding shares in electronic mode need to submit a signed request letter and a copy of the client master list with updated bank mandates. For shares held in physical mode, shareholders must provide a signed request letter, duly filled KYC documents (ISR1, ISR2, ISR3, or SH13), copies of PAN and Aadhaar, and a cancelled cheque. The RTA for NSDL shareholders is NSDL Database Management Limited, located at One International Center, Prabhadevi, Mumbai. Shareholders can obtain KYC formats from https://www.ndml.in/rta.php. Failure to update details will result in the dividend amount being withheld and potentially transferred to the Unpaid Dividend Account.
A plain-language summary of a public exchange filing by CEAT Limited. Read the original for the full detail.
