Diamines and Chemicals Issues IEPF Share Transfer Notice for Unclaimed Dividends

Key Takeaways

Diamines and Chemicals Limited has published a notice concerning the transfer of eligible shares to the Investor Education and Protection Fund (IEPF).

The notice covers shares associated with dividends that have remained unpaid or unclaimed for seven consecutive years or more, with reference to the financial year 2019-20.

The company has advised affected shareholders to complete the necessary claim formalities before February 28, 2027, or another date specified under the applicable rules.

Diamines and Chemicals Limited has issued a public notice regarding the proposed transfer of eligible equity shares to the Investor Education and Protection Fund (IEPF) Authority.

The company informed the stock exchanges on October 30, 2026, that the notice had been published in Business Standard and Vadodara Samachar.

The disclosure concerns shareholders whose dividends have remained unpaid or unclaimed for seven consecutive years or more. The company has identified shares linked to dividends from the financial year 2019-20 for the applicable transfer process.

Why Diamines and Chemicals Shares May Be Transferred to IEPF

Under Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, shares meeting the prescribed conditions must be transferred to the IEPF Authority.

The requirement applies when dividends on the relevant shares have not been paid or claimed for seven consecutive years or more.

The process is intended to bring long-unclaimed investor assets under the statutory framework administered by the IEPF Authority.

A transfer does not mean that the shareholder permanently loses the right to claim the shares. Eligible holders can seek recovery through the procedure prescribed under the IEPF rules.

Company Advises Shareholders to Complete Claim Formalities

Diamines and Chemicals stated that individual communications have already been sent to shareholders at their latest available addresses, wherever company records permit.

The notice also states that details of the affected shareholders and the shares concerned have been made available on the company's website.

Affected shareholders have been asked to complete the necessary formalities to claim outstanding dividends.

According to the notice, shareholders should complete the process before February 28, 2027, or another date that may be specified under the applicable rules.

If the outstanding dividend remains unclaimed after the relevant deadline, the company may proceed with transferring eligible shares to the designated IEPF account.

The notice refers to the statutory transfer of shares on which dividends have remained unclaimed for the prescribed period.

How Shareholders Can Recover Shares Transferred to IEPF

Shareholders whose shares have already been transferred to the IEPF Authority can apply for recovery through the prescribed claim mechanism.

The process generally involves submitting Form IEPF-5 through the applicable MCA portal, providing the necessary supporting documents and completing verification through the company.

The claim is then processed in accordance with the relevant IEPF rules.

Diamines and Chemicals has directed shareholders seeking clarification to contact its registrar and transfer agent, MUFG Intime India Private Limited, or the company using the contact details provided in the public notice.

The company's notice also refers to the documents required for verifying shareholder identity and entitlement.

Details Available on Company's Website

Diamines and Chemicals has made the relevant shareholder information accessible through its investor relations section.

The public notice forms part of the company's compliance with the Companies Act and associated IEPF requirements. It is a shareholder administration disclosure rather than an announcement of a change in the company's operating performance.

The transfer procedure applies only to shares meeting the statutory conditions. Shareholders who have claimed dividends within the prescribed period are not automatically covered merely because they have held the company's shares for several years.