Century Enka Issues Reminder to Shareholders on Unclaimed Dividends and Impending IEPF Share Transfer

3 min read     Updated on 05 May 2026, 08:11 AM
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Century Enka Limited, under Regulation 30 of SEBI (LODR) Regulations, 2015, has issued a reminder letter to shareholders regarding equity shares liable for transfer to the IEPF due to unclaimed dividends across seven consecutive financial years from 2018-19 to 2024-25. Shareholders must claim unpaid dividends by August 3, 2026, failing which shares will be transferred to the IEPF Authority Account. The company has also highlighted mandatory KYC updation requirements per SEBI circulars and provided contact details for shareholder assistance through RTA MUFG Intime India Private Limited.

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Century Enka Limited has issued a reminder letter to its shareholders under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing them about equity shares that are liable to be transferred to the Investor Education and Protection Fund (IEPF). The intimation, filed on May 4, 2026 and signed by Rahul Dubey, Vice President – Legal & Company Secretary, was submitted to both the National Stock Exchange of India Limited and BSE Limited.

IEPF Transfer: Regulatory Background

Pursuant to Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Auditing, Transfer and Refund) Rules, 2016, equity shares on which dividends have not been paid or claimed for seven consecutive years or more are mandatorily required to be transferred to the IEPF Authority Account — a fund established by the Government of India under Section 125 of the Companies Act, 2013.

Dividends Lying Unpaid or Unclaimed

Century Enka has identified shareholders who have not encashed dividend warrants for the last seven consecutive years. The reminder letter covers unpaid or unclaimed dividends across the following financial years:

Dividend Period Status
Final Dividend For the Year 2018-2019 Unpaid / Unclaimed
Final Dividend For the Year 2019-2020 Unpaid / Unclaimed
Final Dividend For the Year 2020-2021 Unpaid / Unclaimed
Final Dividend For the Year 2021-2022 Unpaid / Unclaimed
Final Dividend For the Year 2022-2023 Unpaid / Unclaimed
Final Dividend For the Year 2023-2024 Unpaid / Unclaimed
Final Dividend For the Year 2024-2025 Unpaid / Unclaimed

Shareholders are urged to claim their unpaid or unclaimed dividends on or before August 3, 2026. Failure to do so will result in the transfer of the associated equity shares to the IEPF Authority Account.

Reclaiming Shares from IEPF

Once shares are transferred to the IEPF, shareholders retain the right to reclaim them by filing e-form No. IEPF-5 with the IEPF Authorities, as prescribed under the applicable rules. The IEPF Authority has also launched the "Saksham Niveshak – 100 Days Campaign" to create investor awareness and assist in the resolution of issues related to unclaimed dividends and shares, including updation of KYC and nomination details.

KYC Updation: SEBI Mandate

In line with SEBI Circulars bearing reference nos. SEBI/HO/MIRSD/POD-1/P/CIR/2023/181 dated November 17, 2023 and SEBI/HO/MIRSD/MIRSD-PoD-1/P/OR/2023/37 dated March 16, 2023 (now rescinded following the issuance of the Master Circular dated May 17, 2023), updation of KYC details has been made mandatory. Shareholders may download the relevant forms from the RTA website and submit documents through the following modes:

  • Physical submission: Self-attested KYC documents to be sent to MUFG Intime India Private Limited, C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai – 400083
  • Digital submission: Soft copies of digitally signed documents to be sent via registered email to investor.helpdesk@in.mpms.mufg.com or cel.investor@adityabirla.com , with the subject line: "KYC Up-dation (Century Enka Limited) - Folio No: ....."

The relevant KYC forms — including Form ISR-1, Form ISR-2, Form SH-13, and Form ISR-3 — are available for download at the RTA website: https://web.in.mpms.mufg.com under Resources → Downloads → KYC → Formats for KYC.

Contact Information for Shareholder Assistance

Shareholders requiring further information or clarification may reach out through the following channels:

Contact Details
RTA Name MUFG Intime India Private Limited
RTA Address C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai – 400083
RTA Phone 8108116767
RTA Email investor.helpdesk@in.mpms.mufg.com
Company Registered Office Plot No. 72 & 72-A, MIDC, Bhosari, Pune – 411026
Company Phone 020 66127304
Company Email cel.investor@adityabirla.com

Shareholders are advised to act promptly before the August 3, 2026 deadline to avoid the transfer of their equity shares to the IEPF and to ensure their KYC details are duly updated with the company's RTA.

Historical Stock Returns for Century Enka

1 Day5 Days1 Month6 Months1 Year5 Years
+1.40%+1.13%+9.06%-6.65%-17.47%+67.52%

How might the volume of shares transferred to IEPF from Century Enka impact its shareholding pattern and future corporate governance decisions?

Could the 'Saksham Niveshak – 100 Days Campaign' by IEPF Authority lead to a significant increase in reclaim filings industry-wide, and how prepared are RTAs to handle the surge?

As SEBI tightens KYC compliance mandates, what are the potential consequences for companies like Century Enka if a large portion of their shareholder base remains non-compliant beyond regulatory deadlines?

Century Enka Limited Receives GST Penalty Notices Aggregating ₹16,97,810 from Gujarat Tax Authorities

1 min read     Updated on 30 Apr 2026, 04:46 AM
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Century Enka Limited disclosed receiving three penalty notices aggregating ₹16,97,810 from Gujarat State Tax authorities under the GST Act for customer address mismatches. The company, through its VP-Legal & Company Secretary Rahul Dubey, made the disclosure under SEBI Regulation 30 and stated it will contest the demand while expecting no material financial impact.

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Century Enka Limited has received penalty notices aggregating ₹16,97,810 from Gujarat state tax authorities under the Goods and Services Tax Act. The company disclosed this development under Regulation 30 of SEBI regulations on 29th April 2026.

Penalty Notice Details

The company received three separate notices under Section 129(3) of the Gujarat Goods and Services Tax Act, 2017 from the office of the Deputy Commissioner of State Tax (Enforcement) Division-8, located at C/4, Multy Store Building, Nanpura, Surat. The notices were received on 28th April 2026.

Notice Details: Amount
First Notice: ₹5,78,414
Second Notice: ₹5,97,940
Third Notice: ₹5,21,456
Total Penalty: ₹16,97,810

Nature of Violation

The penalties have been levied under Section 129(1) of the Gujarat Goods and Services Tax Act, 2017. Each penalty amount includes the applicable tax along with a penalty equivalent to 100% of the tax payable. The violations relate to mismatch or incorrect customer addresses in the company's GST filings.

Company's Response and Impact

Century Enka has indicated that it plans to contest the demand raised by the tax authorities. According to the company's disclosure, it does not expect the penalty to have any material financial impact on its operations. The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The disclosure was made by Rahul Dubey, VP-Legal & Company Secretary (FCS 8145), ensuring compliance with regulatory requirements for listed entities. The company provided detailed information as required under sub-para 20 of Para A of Part A of Schedule III of SEBI regulations through official communication to both BSE and NSE.

Historical Stock Returns for Century Enka

1 Day5 Days1 Month6 Months1 Year5 Years
+1.40%+1.13%+9.06%-6.65%-17.47%+67.52%

Will Century Enka's legal challenge against the GST penalties set a precedent for other companies facing similar address mismatch violations?

How might this GST compliance issue affect Century Enka's relationship with suppliers and customers in Gujarat's textile hub?

Could this penalty indicate broader systemic issues with Century Enka's GST filing processes that may lead to future violations?

More News on Century Enka

1 Year Returns:-17.47%