Cheviot Company Issues Shareholder Notice on IEPF Transfer of Unpaid FY 2018-19 Dividend and Shares
Cheviot Company Limited published a formal shareholder notice on 8th May 2026 announcing the transfer of unpaid FY 2018-19 dividend and eligible ordinary shares to the IEPF Authority by 30th August 2026, under Section 124 of the Companies Act, 2013. Affected shareholders are urged to claim their dividend immediately, with full details available on the company's investor relations website. The notice was signed by Nodal Officer and Company Secretary Aditya Banerjee from Kolkata.

*this image is generated using AI for illustrative purposes only.
Cheviot Company Limited has issued a formal public notice to its shareholders, announcing the impending transfer of unpaid dividend for FY 2018-19 and eligible ordinary shares to the Investor Education and Protection Fund (IEPF) Authority. The notice was published in newspapers on 8th May 2026, pursuant to Section 124 of the Companies Act, 2013, read with Rule 6(3)(a) of the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, and in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was published in Business Standard (all India edition, English) and Sukhabar (Bengali regional edition).
Key Dates and Deadlines
Shareholders are urged to take note of the critical timelines associated with this transfer process. The company has already initiated outreach to affected shareholders and has set a firm deadline for claims.
| Parameter: | Details |
|---|---|
| Notice Publication Date: | 8th May 2026 |
| Individual Communication Dispatched: | 6th May 2026 (via registered post) |
| Dividend Period Affected: | FY 2018-19 |
| Transfer Deadline to IEPF Authority: | 30th August 2026 |
| Nodal Officer Email: | investorservices@chevijute.com |
| RTA Address: | 23, R.N. Mukherjee Road, 5th Floor, Kolkata – 700 001 |
| RTA Contact: | +91-33-22482248 / 2243 5029 |
| RTA Email: | mdpdk@yahoo.com |
Basis for Transfer
Under Section 124(6) of the Companies Act, 2013, and Schedule VI of the SEBI (LODR) Regulations, 2015, ordinary shares in respect of which dividend has not been paid or claimed for seven consecutive years or more are required to be transferred to the DEMAT account of the IEPF Authority. Correspondingly, the unpaid or unclaimed dividend for FY 2018-19, having remained unclaimed for a period of seven years, will be credited to the IEPF on 30th August 2026. In case no communication is received from the shareholders concerned by 30th August 2026, the company shall take necessary steps in accordance with the IEPF Rules to transfer the said shares to the IEPF Authority without further notice.
Shareholder Action Required
Shareholders whose names appear on the affected lists are requested to take immediate action to claim their unpaid or unclaimed dividend. The company has made the following information available on its website at https://www.cheviotgroup.com/investors :
- List of Unpaid or Unclaimed Dividend Lying with the Company — member-wise details of unclaimed FY 2018-19 dividend
- List of Shares to be Transferred to the IEPF Authority — names, Folio Number / DP ID – Client ID, unclaimed dividend amounts, and number of ordinary shares due for transfer
Physical shareholders are additionally reminded that folios without PAN and KYC details will be eligible to receive dividend only through electronic mode after furnishing the required PAN and KYC information. Prescribed forms (ISR-1, ISR-2, ISR-3, SH-13, SH-14) are available for download on the company's investor relations webpage under the tab "Communication to members holding shares in physical form."
Transfer Procedure
The company has outlined the mechanism by which the transfer to the IEPF Authority will be effected, depending on the form in which shares are held:
- Dematerialised shares: The company will inform the relevant depository(ies) by way of corporate action for transfer in favour of the IEPF Authority.
- Physical shares: The company will issue new share certificate(s) in lieu of the original share certificate(s), following which the depository will be instructed to convert the certificates into DEMAT form and transfer them to the IEPF Authority. Upon issuance of new share certificate(s), the original share certificate(s) registered in the name of such shareholders will stand automatically cancelled and deemed non-negotiable.
Reclaiming Transferred Dividend and Shares
Shareholders whose dividend and/or shares have already been transferred to the IEPF Authority may reclaim them by contacting the company's Nodal Officer at investorservices@chevijute.com to obtain an Entitlement Letter, prior to filing an online application in e-Form IEPF 5. Further information is available on the IEPF portal at www.iepf.gov.in or on the company's website. No claim shall lie against the company in respect of dividend and/or shares once transferred to the IEPF. The notice was signed by Aditya Banerjee, Company Secretary and Compliance Officer, and Nodal Officer, on behalf of Cheviot Company Limited, from Kolkata.
Historical Stock Returns for Cheviot
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.98% | -6.34% | +12.75% | +6.68% | +11.91% | +4.58% |
What is the total estimated value of unclaimed dividends and shares that Cheviot Company Limited is transferring to the IEPF Authority, and how does this compare to previous years' transfers?
How might the mandatory IEPF transfer process impact Cheviot Company's shareholder base composition and future dividend distribution efficiency?
What steps is Cheviot Company planning to take beyond the current notice to improve shareholder engagement and reduce unclaimed dividends in future fiscal years?
































