HEG Limited to Transfer Unclaimed Equity Shares to IEPF by Sep 24, 2026
HEG Limited will transfer unclaimed equity shares to the IEPF Authority if dividends remain unclaimed for seven consecutive years. The dividend for FY 2018-19 (Final) is due for transfer on September 24, 2026. Shareholders must claim unpaid dividends and shares before this date to avoid transfer to IEPF.
This is a standard regulatory procedure for unclaimed dividends and shares. It does not directly impact the company's ongoing operations or financial performance, and the affected shareholders are informed to claim their dues.
The announcement is a routine regulatory filing regarding the transfer of unclaimed shares and dividends to the IEPF, as mandated by law. It does not contain any new financial performance data or strategic business updates that would indicate a positive or negative sentiment.
HEG Limited has announced the proposed transfer of Equity Shares to the Investor Education and Protection Fund (IEPF) Authority. This action is in accordance with Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The transfer pertains to shares for which dividends have remained unclaimed for seven consecutive years.
The unclaimed dividend for the financial year 2018-19 (Final) is due for transfer to IEPF on September 24, 2026. Shareholders who have not claimed their dividends for the financial years 2018-19 (Final), 2019-20 (Interim), 2020-21, 2021-22, 2022-23, 2023-24, and 2024-25 are urged to claim their unpaid dividends before September 24, 2026. Failure to do so will result in the transfer of the 2018-19 (Final) dividend and all associated shares to the IEPF Authority. Corporate benefits on these shares will be credited to the IEPF, and voting rights will be frozen until claimed by the rightful owner.
Detailed information regarding the shareholders, folio numbers, DP ID - Client ID, and the number of shares due for transfer is available on the company's website at www.hegltd.com. Shareholders can initiate claims by submitting a formal letter along with self-attested copies of PAN Card, address proof, bank account details, and a cancelled cheque leaf. Shareholders can also claim back dividends and shares from the IEPF Authority thereafter. For further assistance, shareholders can contact the company's Secretarial Department or its Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited.
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HEG Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by HEG Limited. Read the original for the full detail.