Avantel Limited Publishes Notice for Transfer of Unclaimed Dividends and Equity Shares to IEPF
Avantel Limited published a notice on April 27, 2026, regarding the transfer of unclaimed dividends and equity shares to IEPF. The Final Dividend for FY 2018-19, unclaimed for seven consecutive years, is due for transfer along with corresponding shares. Shareholders must claim their dividends by August 9, 2026, or face automatic transfer to IEPF without further notice.

*this image is generated using AI for illustrative purposes only.
Avantel Limited has published a mandatory notice regarding the transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF) on April 27, 2026. The company submitted newspaper clippings of this notice to both BSE Limited and National Stock Exchange of India Limited as part of its regulatory compliance requirements.
Regulatory Compliance and Publication Details
The notice was published in two newspapers on April 27, 2026 - Business Standard (English) and Prajasakti (Telugu). Company Secretary and Compliance Officer D Rajasekhara Reddy signed the communication to stock exchanges, confirming the publication of the IEPF transfer notice.
| Parameter: | Details |
|---|---|
| Publication Date: | April 27, 2026 |
| Newspapers: | Business Standard (English), Prajasakti (Telugu) |
| Stock Exchanges Notified: | BSE Limited, National Stock Exchange of India Limited |
| Company Secretary: | D Rajasekhara Reddy |
IEPF Transfer Requirements
Pursuant to the provisions of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, the Final Dividend for the Financial Year 2018-19 has remained unclaimed for seven consecutive years and is now due to be transferred to IEPF. The corresponding equity shares in respect of which dividend has remained unclaimed for seven consecutive years shall also be transferred to the IEPF following prescribed procedures.
Impact on Shareholders
The company has issued individual notices to concerned shareholders, with details available on the company's website at https://www.avantel-in/investors/ . Shareholders should note the following implications:
For Physical Holdings:
- Duplicate share certificates will be issued for transfer to IEPF
- Original certificates shall stand cancelled
For Demat Holdings:
- Demat accounts will be debited for shares liable for transfer to IEPF
Critical Deadline and Recovery Process
Shareholders must claim their unclaimed dividend on or before August 9, 2026. After this deadline, the company will transfer both the dividend and corresponding shares to IEPF without further notice. No claim shall lie against the company in respect of such transferred amounts or shares.
However, shareholders may subsequently claim the transferred amounts and shares from the IEPF Authority by filing Form IEPF-5 online and submitting required documents to the company's nodal officer.
| Service Provider: | Details |
|---|---|
| Registrar and Share Transfer Agent: | KFin Technologies Limited |
| Address: | Selenium Tower B, Plot No. 31-32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad - 500032 |
| Contact: | Toll Free: 1800-3094-001 |
| Email: | einward.ris@kfintech.com |
This regulatory action demonstrates Avantel Limited's compliance with IEPF regulations while providing shareholders with clear guidance on claiming procedures and deadlines.
Historical Stock Returns for Avantel
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.73% | -4.90% | +20.99% | -13.43% | +35.22% | -22.68% |
What percentage of Avantel's total shareholding will be transferred to IEPF, and how might this impact the company's ownership structure?
Could this significant unclaimed dividend transfer indicate underlying issues with Avantel's shareholder communication or investor engagement practices?
How might the transfer of equity shares to IEPF affect Avantel's voting dynamics and corporate governance decisions going forward?


































