Tejas Networks informs shareholders regarding transfer of unclaimed dividend to IEPF
Tejas Networks announced the transfer of equity shares with unclaimed dividends from FY19 to the Investor Education and Protection Fund (IEPF). Shareholders who haven't claimed dividends for seven consecutive years, starting FY19, must claim by August 10, 2026. Unclaimed dividends and associated shares will be transferred to IEPF after this date. Shareholders should contact MUFG Intime India Pvt. Ltd. with necessary documents to claim.
The announcement is a routine compliance matter and does not have a significant impact on the company's financials or operations.
The announcement is a procedural notification regarding the transfer of unclaimed dividends and shares to the IEPF, without expressing any positive or negative sentiment.
Tejas Networks Limited has informed its shareholders about the proposed transfer of equity shares, for which dividends declared for the financial year 2018-2019 have remained unclaimed for seven consecutive years or more, to the Investor Education and Protection Fund (IEPF) Authority, as per Section 124 of the Companies Act, 2013. The company has notified shareholders who have not encashed their dividends for the past seven consecutive years or more, commencing from the financial year 2018-2019. To claim the unclaimed dividend, shareholders are requested to contact the Company’s Registrar & Transfer Agents (MUFG Intime India Pvt. Ltd.) and provide the necessary documents. For shares held in electronic form, a copy of the Client Master List is required. For physical shares, Investor Service Request Forms (ISR - 1, ISR - 2) and Form No. SH 13 or Form ISR -3 must be submitted. Dividend for shares held in physical form will be credited directly to the bank account only if the folio is KYC Compliant. Shareholders are requested to claim their unclaimed dividend on or before August 10, 2026, failing which the dividend for the year 2018-19 along with the shares will be transferred to IEPF without further notice. The list of shareholders whose unclaimed dividend is liable to be transferred is available on the company's website.
What to do with a filing like this
Tejas Networks Limited filed this with the NSE as a statutory disclosure, categorised under dividend. 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 Tejas Networks Limited. Read the original for the full detail.