Unclaimed Dividends liable to be transferred to the IEPF

Section 124 of the Companies Act, 2013, read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (“the Rules”), as amended, mandate the companies to transfer the dividend that has remained unclaimed/un-encashed for a period of seven years from the unpaid dividend account to the Investor Education and Protection Fund (IEPF). Further, the Rules also mandate that the shares on which dividend has not been claimed or encashed for seven consecutive years or more be transferred to the IEPF.  

The following table provides a list of years for which unclaimed dividends and their corresponding shares would become eligible to be transferred to the IEPF on the dates mentioned below. 

S.No	Financial Year	Type of Dividend	Date of declaration	Dividend Per Share	Date of IEPF transfer
1	2015-2016	Interim	26-12-2015	100.00	31-01-2023
2	2017-2018	Interim	18-09-2017	40.00	25-10-2024
3	2020-2021	Interim	10-02-2021	80.00	19-03-2028
4	2021-2022	Interim	02-11-2021	40.00	09-12-2028
5	2022-2023	Interim	22-10-2022	40.00	28-11-2029
6	2022-2023	Interim	23-03-2023	40.00	29-04-2030