BASF India Limited Issues IEPF Newspaper Advertisement for Transfer of Unpaid Dividend and Shares for FY 2018-19

2 min read     Updated on 17 Apr 2026, 12:35 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

BASF India Limited published newspaper advertisements on 17th April, 2026, regarding the transfer of unpaid/unclaimed dividend and shares for FY 2018-19 to the Investor Education and Protection Fund (IEPF). The publication complies with Section 124 of Companies Act 2013, IEPF Rules 2016, and SEBI LODR Regulations 2015. Shareholders must claim dividends by 30 August 2026 with proper documentation to prevent automatic transfer to IEPF.

powered bylight_fuzz_icon
37955119

*this image is generated using AI for illustrative purposes only.

BASF India Limited has published mandatory newspaper advertisements regarding the transfer of unpaid and unclaimed dividend shares to the Investor Education and Protection Fund (IEPF) for the financial year 2018-19, in compliance with regulatory requirements.

Regulatory Compliance and Publication Details

The company published advertisements in Business Standard (English) and Mumbai Lakshdeep (Marathi) on 17th April, 2026. This publication fulfills requirements under multiple regulatory frameworks:

Regulatory Framework: Details
Companies Act Section: Section 124 of the Companies Act, 2013
IEPF Rules: Rule 6 of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
SEBI Regulations: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Publication Date: 17th April, 2026

IEPF Transfer Process and Shareholder Notice

Under the statutory provisions, equity shares with unpaid or unclaimed dividends for seven consecutive years must be transferred to the IEPF established by the Central Government. The company has issued individual communications to affected shareholders at their latest available addresses and uploaded relevant details on its website.

Key Requirements for Shareholders

Shareholders must submit applications to the company or its Registrar & Share Transfer Agent (RTA) by 30 August 2026 for claiming dividends declared during FY 2018-2019 and onwards. Required documentation includes:

  • Investor Service Request Form (ISR) - I
  • Form ISR - 2
  • Form No. 10 (With Enclosed Form)
  • Original uncancelled cheque with account holder's name
  • Supporting KYC documents

Company Leadership and Authorization

The IEPF notice was signed by key company officials:

Position: Name
Director-Legal, General Counsel & Company Secretary: Manohar Kamath
Senior Manager-Legal & Secretarial: Pankaj Bahl
Digital Signature Date: 17th April, 2026

Compliance with SEBI Guidelines

According to SEBI circulars dated November 3, 2021 and December 14, 2021, outstanding payments will be credited directly to bank accounts only if the folio is KYC compliant. The company emphasizes that payment to shareholders holding physical shares requires KYC compliance.

Contact Information for Shareholders

Shareholders requiring clarification can contact the company's RTA, MUFG (Intime India Private Limited), at their Mumbai office. The company has provided comprehensive contact details and emphasized the importance of timely action to prevent automatic transfer to IEPF.

The notice serves as a final opportunity for shareholders to claim their rightful dividends before the mandatory transfer process begins, ensuring compliance with investor protection regulations while maintaining transparency in corporate governance.

Historical Stock Returns for BASF

1 Day5 Days1 Month6 Months1 Year5 Years
+0.59%+4.48%+6.83%-19.44%-18.20%+76.32%

How might BASF India's dividend payout policy change to reduce future unclaimed dividend transfers to IEPF?

What impact could increased IEPF transfers across Indian companies have on retail investor awareness and engagement?

Will SEBI introduce stricter KYC compliance requirements for physical shareholders following recent circulars?

BASF India Limited Confirms Non-Large Corporate Status for Debt Securities Fund Raising Requirements

1 min read     Updated on 07 Apr 2026, 11:17 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

BASF India Limited has confirmed to BSE and NSE that it does not qualify as a Large Corporate entity under SEBI regulations as on March 31, 2026. The company stated its long-term borrowings remain below the Rs. 1000 crore threshold with original maturity exceeding one year, as specified in SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613. The confirmation was jointly signed by Director Manohar Kamath and Whole-Time Director Narendranath J. Baliga on April 7, 2026, ensuring regulatory compliance for debt securities fund raising requirements.

powered bylight_fuzz_icon
37129658

*this image is generated using AI for illustrative purposes only.

BASF India Limited has officially communicated to stock exchanges that it does not qualify as a Large Corporate entity under SEBI's debt securities fund raising regulations as on March 31, 2026. The confirmation addresses regulatory requirements outlined in SEBI's operational circular regarding fund raising through debt securities issuance.

Regulatory Compliance Status

The company's confirmation is based on SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, which was subsequently updated on October 19, 2023. Under Chapter XII of this circular, entities are classified as Large Corporate if they meet specific borrowing thresholds.

Parameter Status
Classification Date March 31, 2026
Large Corporate Status Not Applicable
Long-term Borrowings Threshold Below Rs. 1000 crore
Original Maturity Period More than 1 year

Key Regulatory Details

BASF India Limited specifically stated that it does not have outstanding long-term borrowings exceeding Rs. 1000 crore with an original maturity of more than one year. This borrowing threshold is the primary criterion used by SEBI to determine Large Corporate status under the regulatory framework.

The confirmation ensures compliance with SEBI's requirements for entities regarding debt securities fund raising obligations and reporting standards.

Official Authorization

The regulatory confirmation was jointly signed by two key executives of BASF India Limited:

  • Manohar Kamath - Director – Legal, General Counsel (India) & Company Secretary
  • Narendranath J. Baliga - Whole-Time Director & Chief Financial Officer

Both officials digitally signed the document on April 7, 2026, with timestamps recorded at 16:03:12 +05'30' and 16:05:37 +05'30' respectively.

Stock Exchange Communication

The official communication was addressed to both major Indian stock exchanges where BASF India Limited is listed. The company formally notified BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and copied the National Stock Exchange of India Limited at Exchange Plaza, Bandra-Kurla Complex, Mumbai.

This regulatory confirmation ensures transparency in the company's borrowing status and compliance with SEBI's debt securities regulations, providing clarity to investors and regulatory authorities regarding BASF India Limited's corporate classification for fund raising purposes.

Historical Stock Returns for BASF

1 Day5 Days1 Month6 Months1 Year5 Years
+0.59%+4.48%+6.83%-19.44%-18.20%+76.32%

Will BASF India's non-Large Corporate status provide it with more flexible debt financing options compared to companies above the Rs. 1000 crore threshold?

How might BASF India's capital expansion plans be affected by maintaining borrowings below the regulatory threshold?

Could this classification influence BASF India's ability to compete with larger chemical companies that have access to different funding mechanisms?

More News on BASF

1 Year Returns:-18.20%