Intimation on Non-Credit of FY 2025-26 Dividend Due to Pending KYC or Bank Details

The company has shared a specimen letter to shareholders whose FY 2025-26 dividend of Rs. 1.20/- (60%) per share of face value Rs. 2/- each could not be credited.

Thu 24 Sep 2026

FY 2025-26 Dividend Per Share

Rs. 1.20/- (60%)

Face Value Per Share

Rs. 2/-

IEPF Transfer Timeline

Seven years unclaimed

KYC Forms Required

Forms ISR-1, ISR-2

Unpaid Dividend Account Status

Dividend lying uncredited due to incomplete bank details or non-KYC compliance

What was shared

The company informed the exchanges of a specimen communication being sent to shareholders whose dividend for FY 2025-26 has been withheld or could not be credited electronically.

The dividend

• Shareholders approved a dividend of Rs. 1.20/- (i.e. 60%) per equity share at the 31st Annual General Meeting.
• Face value of each equity share is Rs. 2/-.

Why some payments failed

• Incomplete or incorrect bank account details in the records of the Registrar & Transfer Agent or the depositories.
• Non-submission of KYC documents, making the folio non-KYC compliant.

Such dividend remains unpaid and is lying in the Company's Unpaid Dividend Account.

What affected shareholders should do

• Update PAN and KYC details by submitting Forms ISR-1 and ISR-2.
• Physical holders: submit documents to the RTA, MUFG Intime India Private Limited.
• Demat holders: update KYC or correct bank details with their Depository Participant, and submit a self-attested Client Master List with a request letter.

IEPF timeline

Under Sections 124 and 125 of the Companies Act, 2013, dividend unpaid or unclaimed for seven years must be transferred to the Investor Education and Protection Fund, and the shares relating to such dividend are also transferred to IEPF.

How to read this

This is an administrative, shareholder-servicing intimation. It concerns the mechanics of dividend payment for certain folios and does not change the dividend already approved or the company's operations. Details are also placed on the company's website under Investor Relations.

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