Parag Milk Foods Notifies Unclaimed Dividend Transfer to IEPF by Oct 31, 2026
Parag Milk Foods is transferring unclaimed dividends and corresponding shares for FY 2018-19 to the IEPF by October 31, 2026. Shareholders must claim unpaid dividends by this date. The company is also urging shareholders to update KYC and bank details to facilitate payments and prevent share transfer.
This is a routine regulatory compliance announcement concerning unclaimed dividends and shares. The impact is limited to a specific group of shareholders who have unclaimed dividends and does not directly affect the company's overall operations or financial performance.
The announcement is a regulatory compliance notification regarding unclaimed dividends and their transfer to the IEPF. It does not contain any financial performance data or strategic business updates that would indicate a positive or negative sentiment.
Parag Milk Foods Limited has published extracts in the Financial Express (English) and Lok Satta (Marathi) on July 24, 2026, regarding unclaimed dividends. These advertisements serve as a reminder to shareholders who have unclaimed dividends for seven consecutive financial years, starting from FY 2018-19.
The company is informing shareholders that their equity shares, along with the corresponding unclaimed dividends for FY 2018-19, will be transferred to the Investor Education and Protection Fund (IEPF) Account if the dividend remains unclaimed by October 31, 2026. This action is in compliance with Section 124(6) of the Companies Act, 2013, and related IEPF Authority Rules.
Shareholders are urged to claim any unpaid or unclaimed dividends from FY 2018-19 onwards by contacting KFin Technologies Limited, the company's Registrar and Share Transfer Agents. The notice also advises shareholders to update their KYC details, including email, PAN, and bank account information, with their respective Depository Participants to facilitate dividend payments and prevent the transfer of shares to the IEPF. The company has also made detailed information available on its website, www.paragmilkfoods.com.
What to do with a filing like this
Parag Milk Foods 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 Parag Milk Foods Limited. Read the original for the full detail.