Bayer CropScience Limited Issues Notice for Transfer of Unclaimed Equity Shares to IEPF
Bayer CropScience Limited issued a notice on May 05, 2026, informing equity shareholders about the mandatory transfer of shares to the IEPF Demat Account under Section 124(6) of the Companies Act, 2013. Shareholders who have not claimed dividends for seven consecutive years from Financial Year 2018-19 must submit requisite documents to MUFG Intime India Private Limited on or before Tuesday, August 25, 2026. Failure to act within the deadline will result in the transfer of shares to the IEPF without further notice, after which shareholders can reclaim their shares and dividends through the IEPF Authority via Form IEPF-5 on www.iepf.gov.in.
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Bayer CropScience Limited has issued a formal notice dated May 05, 2026, informing its equity shareholders about the mandatory transfer of shares to the Investor Education and Protection Fund (IEPF) Demat Account. The notice has been submitted to BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Individual communications have also been sent to concerned shareholders, and a public notice was published in the Financial Express and Loksatta newspapers on May 05, 2026.
Regulatory Background
Under Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 — which came into force on September 7, 2016, and were further amended via notification dated February 28, 2017 — companies are required to transfer all shares in respect of which dividends have remained unpaid or unclaimed for seven consecutive years or more to the IEPF Demat Account. Unclaimed dividend details are regularly updated on the Ministry of Corporate Affairs (MCA) website and under the "Investor Relations" section on the company's website at www.bayer.in .
Shareholders Affected and Deadline
Shareholders who have not claimed their dividends for seven consecutive years from Financial Year 2018-19 are required to submit the necessary documents to the company's Registrar and Share Transfer Agent (RTA) on or before Tuesday, August 25, 2026. The complete list of shareholders and shares due for transfer to IEPF has been uploaded on the company's website at https://www.bayer.in/en/investors/unclaimed-dividends .
| Parameter: | Details |
|---|---|
| Notice Date: | May 05, 2026 |
| Unclaimed Dividend Period: | From Financial Year 2018-19 (seven consecutive years) |
| Claim Deadline: | Tuesday, August 25, 2026 |
| RTA: | MUFG Intime India Private Limited (formerly Link Intime India Private Limited) |
| RTA Address: | C-101, 1st Floor, Embassy 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai – 400 083 |
| RTA Tel: | +91 810 811 8484 |
| Company Email: | ir_bcs@bayer.com |
How Shareholders Can Claim Their Dividends
Shareholders are requested to take the following steps to claim their unclaimed dividends before the deadline:
- Electronic form holders: Return the Request Form duly signed, along with bank details and a self-attested copy of the client master list. Payment will be credited to the bank account registered against the Demat Account.
- Physical form holders: Submit the Request Form along with Investor Service Request Forms ISR-1, ISR-2, and Form No. SH-13 (Nomination Form), supported by an original cancelled cheque bearing the account holder's name, to MUFG Intime India Private Limited.
- As per SEBI circulars dated November 3, 2021, and December 14, 2021, outstanding payments will be credited directly to the bank account if the folio is KYC Compliant.
- Investor Request Forms are available on the company's website at www.bayer.in and on the RTA's website at https://in.mpms.mufg.com/ under Investor Services → Resources → Downloads → KYC.
- Payments without bank details are not permitted.
Consequences of Non-Action
If shareholders fail to claim their dividends by Tuesday, August 25, 2026, the company will transfer the relevant shares to the IEPF Demat Account without any further notice. The implications differ based on the mode of holding:
- Physical form holders: New share certificate(s) will be issued and transferred to IEPF. The original share certificate(s) registered in the shareholder's name will stand automatically cancelled.
- Electronic form holders: The Demat account will be debited for the shares liable for transfer to the IEPF.
Post transfer, shareholders may claim both the unclaimed dividend amounts and the shares from the IEPF Authority by submitting an online application in prescribed Form IEPF-5 on the MCA website at www.iepf.gov.in , along with a physical copy and requisite documents sent to the company. The company will issue an Entitlement Letter upon receipt of the shareholder's request and supporting documents. No claim shall lie against the company in respect of unclaimed dividend amounts and shares transferred to the IEPF Authority pursuant to the applicable Rules.
The notice has been signed by Bharati Shetty, Company Secretary and Compliance Officer (Membership No.: ACS 24199), on behalf of Bayer CropScience Limited, from its registered office at Bayer House, Central Avenue, Hiranandani Estate, Thane (West) – 400 607, Maharashtra, India.
Historical Stock Returns for Bayer Crop Science
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.26% | -0.72% | -2.46% | -3.99% | -0.27% | -13.80% |
How might the mandatory transfer of shares to IEPF impact Bayer CropScience's retail shareholder base and future dividend participation rates?
Could the increasing volume of shares being transferred to IEPF across Indian listed companies lead to regulatory reforms in how unclaimed dividends and shares are managed?
What long-term effect could the cancellation of physical share certificates have on price discovery and liquidity for Bayer CropScience stock on BSE?
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