Chembond Material Technologies Issues Notice for Transfer of Unclaimed Dividends to IEPF Authority

2 min read     Updated on 12 Mar 2026, 10:28 PM
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Reviewed by
Radhika SScanX News Team
Overview

Chembond Material Technologies Limited has notified shareholders about the impending transfer of unclaimed dividends from FY 2018-19 to FY 2024-25 and related equity shares to IEPF Authority by August 2026. Shareholders have until August 25, 2026, to claim pending amounts through registrar MUFG Intime India Private Limited with proper KYC documentation. Post-transfer, claims can only be made directly from IEPF Authority following statutory procedures.

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

Chembond Material Technologies Limited has issued a formal notice to shareholders regarding the mandatory transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF) Authority. The communication, dated March 12, 2026, was sent to BSE Limited and concerned shareholders as part of regulatory compliance under SEBI listing regulations.

Regulatory Framework and Timeline

Under Section 124 of the Companies Act, 2013, and IEPF Rules 2016, the company is required to transfer unclaimed dividends and related equity shares to the IEPF Authority. The transfer process follows specific statutory timelines:

Parameter: Details
Transfer Due Date: August 2026
Claim Deadline: August 25, 2026
Affected Period: FY 2018-19 to FY 2024-25
Registrar: MUFG Intime India Private Limited

The statutory provisions mandate that dividend amounts remaining unclaimed for seven years must be transferred to IEPF. Additionally, equity shares on which dividends have not been claimed for seven consecutive years are also liable for transfer to the IEPF Authority.

Shareholder Action Requirements

Shareholders must submit their claims through MUFG Intime India Private Limited, the company's registrar and transfer agent, before the August 25, 2026 deadline. The documentation requirements vary based on the form of shareholding:

For Demat Shareholders:

  • Self-attested copy of Client Master List
  • Payment will be made electronically to registered bank account

For Physical Shareholders:

  • Investor Service Request Forms (ISR-1, ISR-2)
  • Form SH-13 (Nomination Form - optional)
  • Original cancelled cheque with account holder's name
  • KYC compliance documentation

KYC Compliance and Payment Processing

As per SEBI circulars, outstanding payments will only be credited to bank accounts if the folio is KYC compliant. A folio is considered compliant when it contains complete details including full address with pincode, mobile number, email ID, bank details, and valid PAN linked to Aadhaar for all holders.

Requirement: Physical Shares Demat Shares
KYC Forms: ISR-1, ISR-2, SH-13 Client Master List
Bank Proof: Original cancelled cheque Registered bank account
Identity Proof: PAN/Aadhaar (self-attested) As per demat records

Shareholders with nil equity shares but having unclaimed dividends must submit claims with cancelled cheque or passbook copies for processing.

Post-Transfer Recovery Process

Once dividends and shares are transferred to IEPF Authority, shareholders can only claim them directly from IEPF by following procedures outlined on the official website at www.iepf.gov.in . The company will not entertain any claims after the transfer is completed.

According to the November 18, 2025 SEBI circular, shareholders without complete and valid bank details registered against their folio will have future dividends retained in abeyance. This emphasizes the importance of maintaining updated KYC information for seamless dividend processing.

Historical Stock Returns for Chembond Material Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.75%+2.73%-10.26%-21.57%-60.72%+10.50%
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Chembond Material Technologies Promoter Acquires Additional 13,389 Shares in Open Market

1 min read     Updated on 04 Mar 2026, 05:30 PM
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Reviewed by
Jubin VScanX News Team
Overview

Sameer V. Shah, Chairman & Managing Director of Chembond Material Technologies Limited, acquired 13,389 equity shares through open market purchases on February 27 and March 2, 2026. The acquisition increased his shareholding from 27.26% to 27.36%, representing an investment across two trading sessions at prices of ₹146.99 and ₹142.49 per share respectively. The transaction was disclosed under SEBI (SAST) Regulations, 2011, with the company maintaining its stable capital structure of 1,34,48,288 shares.

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

Chembond Material Technologies Limited has disclosed a share acquisition by its promoter under SEBI regulations. Sameer V. Shah, Chairman & Managing Director of the company, acquired 13,389 additional equity shares through open market purchases, as disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition was executed across two trading sessions with specific pricing details:

Date Number of Shares Price per Share (₹)
February 27, 2026 3,521 146.99
March 2, 2026 9,868 142.49
Total 13,389 Variable

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in the promoter's stake in the company:

Parameter Before Acquisition After Acquisition Change
Number of Shares 36,66,593 36,79,982 +13,389
Shareholding Percentage 27.26% 27.36% +0.10%
Voting Rights 27.26% 27.36% +0.10%

Company Capital Structure

Chembond Material Technologies Limited maintains a stable capital structure with no changes following this transaction:

Capital Details Amount
Equity Share Capital ₹6,72,41,440
Total Number of Shares 1,34,48,288
Face Value per Share ₹5.00

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, with the company being listed on both BSE Limited (Scrip Code: 530871) and National Stock Exchange of India Limited (Scrip Code: CHEMBOND). The promoter holds no encumbered shares, warrants, or convertible securities in the company.

About the Transaction

The open market purchases represent a routine investment by the promoter in the company's equity shares. The acquisition maintains the promoter's controlling interest while demonstrating confidence in the company's prospects. All regulatory disclosures have been completed as per SEBI requirements, with the formal disclosure dated March 4, 2026.

Historical Stock Returns for Chembond Material Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.75%+2.73%-10.26%-21.57%-60.72%+10.50%
Chembond Material Technologies
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1 Year Returns:-60.72%