Marico Limited Notifies Shareholders About IEPF Share Transfer
Marico Limited is transferring unpaid interim dividends and underlying shares from FY 2019-20 to the IEPF by November 23, 2026. Shareholders must claim by this date. Details are on Marico's website. Contact MUFG Intime India for queries.
This is a standard regulatory procedure for unclaimed dividends and shares. It does not directly impact the company's operations or financial performance. The impact on shareholders is limited to those who have unclaimed dividends and shares.
The announcement is a routine regulatory filing regarding the transfer of unclaimed dividends and shares to the IEPF, as mandated by law. It does not contain any new financial performance information or strategic decisions, hence it is considered neutral.
Marico Limited has issued a public notice to its shareholders regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF). This action is in accordance with the Companies Act, 2013, and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The First Interim Dividend for the Financial Year 2019-20, which has remained unpaid or unclaimed for seven consecutive years, along with the underlying shares, are due for transfer to the IEPF Authority. Any future benefits such as dividends, bonus shares, or stock splits on these shares will also be transferred to the IEPF.
The company is simultaneously communicating with the concerned shareholders individually. Details of these shareholders and their shares are available on Marico's website. For shares held in dematerialized form, the company will inform the depositories for the transfer. For physical shares, new certificates will be issued for dematerialization and transfer to the IEPF. The original share certificates will be deemed cancelled and non-negotiable.
Shareholders who do not claim their dividend and/or shares by Monday, November 23, 2026, will have their unclaimed dividends and shares transferred to the IEPF Authority as per the rules. No claim will lie against Marico Limited for these amounts and shares after the transfer. However, shareholders can claim their unclaimed dividend and shares from the IEPF Authority by submitting Form IEPF-5 through the MCA portal. For any queries, shareholders can contact Marico's Registrar and Share Transfer Agent, MUFG Intime India Private Limited.
A plain-language summary of a public exchange filing by Marico Limited. Read the original for the full detail.
