Emami Paper Mills Notifies Shareholders of Unclaimed Dividend and Share Transfer to IEPF by September 10, 2026

3 min read     Updated on 15 May 2026, 06:56 PM
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Emami Paper Mills Limited has notified equity shareholders of the mandatory transfer of unclaimed dividends and corresponding equity shares to IEPF under Section 124(6) of the Companies Act, 2013, with a claim deadline of September 10, 2026. Individual communications were sent to affected shareholders on May 13, 2026. The company has also launched the second 'Saksham Niveshak' campaign from April 01, 2026 to July 09, 2026, and opened a Special Window for transfer and dematerialisation of physical securities from February 05, 2026 to February 04, 2027, pursuant to a SEBI circular dated January 30, 2026.

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Emami Paper Mills Limited has issued a public notice to its equity shareholders, disclosing the impending transfer of unclaimed dividends and the corresponding equity shares to the Investor Education and Protection Fund (IEPF). The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with newspaper clippings published in Business Standard (English – All India Edition) and Aajkaal (Bengali – Kolkata Edition) on May 15, 2026.

IEPF Transfer: Regulatory Background and Shareholder Obligations

Under Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, the company is required to transfer equity shares in respect of which dividends have remained unpaid or unclaimed for a period of seven consecutive years or more to the demat account of the IEPF. Individual communications were dispatched to all concerned shareholders at their latest available addresses on May 13, 2026, providing details of the shares liable for transfer.

The company has also uploaded the names of affected shareholders, along with their folio numbers or DP ID–Client ID, on its website at www.emamipaper.com/investors/ . The key details of the transfer process are summarised below:

Parameter: Details
Regulatory Provision: Section 124(6), Companies Act, 2013
Transfer Destination: IEPF Demat Account
Eligibility Criterion: Dividend unpaid/unclaimed for 7 or more consecutive years
Individual Communication Date: May 13, 2026
Claim Deadline: Thursday, September 10, 2026
Claim Submission: Company or its Registrar & Transfer Agent (RTA)

Process for Physical and Electronic Shareholders

The notice outlines distinct procedures depending on how shares are held:

  • Physical form shareholders: New share certificate(s) will be issued and transferred in favour of IEPF upon completion of necessary formalities. The original share certificate(s) registered in the shareholder's name will be deemed cancelled and non-negotiable.
  • Electronic (demat) form shareholders: The company will inform the depository through a Corporate Action for the transfer of shares lying in the shareholder's demat account in favour of IEPF.

Shareholders are also advised that all future benefits and dividends arising on such transferred shares will be credited to IEPF. Both the unclaimed dividend and the transferred shares, including all benefits accruing thereon, can be reclaimed from the IEPF Authority by following the prescribed procedure under the IEPF Rules. No claim shall lie against the company once the shares and dividends have been transferred to IEPF.

Saksham Niveshak Campaign: April 01, 2026 to July 09, 2026

In compliance with the communication issued by the IEPF Authority, Emami Paper Mills has launched the second 100 Days Campaign, "Saksham Niveshak", running from April 01, 2026 to July 09, 2026. The campaign provides shareholders an opportunity to claim unpaid or unclaimed dividends before the related shares and dividends are transferred to IEPF. Shareholders are also encouraged to update their KYC details, contact information, bank account details, nomination preferences, and specimen signatures during this period.

Campaign Detail: Information
Campaign Name: Saksham Niveshak (Second Edition)
Campaign Period: April 01, 2026 to July 09, 2026
Duration: 100 Days
Organised By: IEPF Authority

Special Window for Transfer and Dematerialisation of Physical Securities

Pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-PODI/3750/2026 dated January 30, 2026, a Special Window for the transfer and dematerialisation of physical securities has been opened for a period of one year. This window is available for securities that were sold or purchased prior to April 01, 2019, as well as for transfer requests submitted earlier that were rejected, returned, or not attended to due to deficiencies in documents or process.

Special Window Detail: Information
SEBI Circular Reference: HO/38/13/11(2)2026-MIRSD-PODI/3750/2026
Circular Date: January 30, 2026
Window Open Date: February 05, 2026
Window Close Date: February 04, 2027
Eligible Securities: Physical securities sold/purchased prior to April 01, 2019

Shareholders with queries are advised to write to the company at investor.relations@emamipaper.com or contact its Registrar & Transfer Agent. The notice was signed by Sumit Jaiswal, Company Secretary & Compliance Officer (ICSI Membership No. F9485), on behalf of Emami Paper Mills Limited, from Kolkata, dated May 14, 2026.

Historical Stock Returns for Emami Paper Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-0.08%-4.64%+7.59%-17.67%-17.95%-36.59%

How might the volume of unclaimed shares transferred to IEPF by Emami Paper Mills impact the company's shareholder base and future dividend distribution dynamics?

Could the Saksham Niveshak campaign's success in recovering unclaimed dividends influence SEBI to extend or expand similar investor awareness initiatives across the broader market?

What are the long-term implications for retail investors who miss the September 10, 2026 claim deadline, particularly regarding the complexity and cost of reclaiming assets from IEPF?

Emami Paper Mills Promoters Declare No Share Encumbrance for FY26

1 min read     Updated on 30 Apr 2026, 05:47 AM
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Emami Paper Mills Limited's promoter and promoter group have submitted a disclosure to the National Stock Exchange and BSE Limited declaring no encumbrance of shares during the financial year ended 31st March 2026. The disclosure was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The list of promoters and promoter group comprises 32 entities including two individual promoters and 30 promoter group members.

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Emami Paper Mills Limited's promoter and promoter group have submitted a disclosure to the stock exchanges declaring that they have not made any encumbrance of shares, directly or indirectly, during the financial year ended 31st March 2026. The disclosure was filed on 01.04.2026 pursuant to Regulation 31(4) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration was submitted by Suraj Finvest Private Limited on behalf of the promoter and promoter group along with persons acting in concert of Emami Paper Mills Limited . The communication was addressed to the secretaries of National Stock Exchange of India Limited and BSE Limited, as well as the members of the Audit Committee of the company.

Promoter and Promoter Group Structure

The complete list of promoter and promoter group shareholders as on 31st March 2026 includes 32 entities. The structure comprises two individual promoters and 30 promoter group members, including corporate entities and Hindu Undivided Families (HUFs).

Sl. No. Name of Shareholders Category
1 Radhe Shyam Agarwal Promoter
2 Radhe Shyam Goenka Promoter
3 Diwakar Finvest Private Limited Promoter Group
4 Suraj Finvest Private Limited Promoter Group
5 Emami Limited Promoter Group
6 Priti A Sureka Promoter Group
7 Rajkumar Goenka Promoter Group
8 Sushil Kumar Goenka Promoter Group
9 Santosh Goenka Promoter Group
10 Saroj Goenka Promoter Group
11 Amitabh Goenka Promoter Group
12 Shruti Goenka Promoter Group
13 Ritu Goenka Promoter Group
14 Amitabh Goenka Huf Promoter Group
15 Ashish Goenka Huf Promoter Group
16 Indu Goenka Promoter Group
17 Mohan Goenka Promoter Group
18 Sushil Kumar Goenka Huf Promoter Group
19 Manish Goenka Promoter Group
20 Ashish Goenka Promoter Group
21 Dhiraj Agarwal Promoter Group
22 Aditya Vardhan Agarwal Promoter Group
23 Harsha Vardhan Agarwal Promoter Group
24 Puja Goenka Promoter Group
25 Usha Agarwal Promoter Group
26 Pramod Bajoria Promoter Group
27 Laxmi Devi Bajoria Promoter Group
28 Shanti Devi Agarwal Promoter Group
29 Richa Agarwal Promoter Group
30 Sachin Goenka Promoter Group
31 Mansi Agarwal Promoter Group
32 Jayant Goenka Promoter Group

Suraj Finvest Private Limited, which submitted the disclosure on behalf of the promoter group, is registered with CIN U65100WB1996PTC81366 and has its registered office at 687, Anandapur, E.M. Bypass, 2nd Floor, Kolkata - 700 107. The company was formerly known as Sneha Gardens Private Limited. The disclosure was signed by Santinath Paul as the authorised signatory.

Historical Stock Returns for Emami Paper Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-0.08%-4.64%+7.59%-17.67%-17.95%-36.59%

Will Emami Paper Mills' promoter group consider strategic share pledging or encumbrance in FY2027 to fund potential expansion or acquisition plans?

How might the clean promoter shareholding structure impact Emami Paper Mills' ability to raise capital or attract institutional investors in the coming quarters?

Could the diverse 32-member promoter group structure lead to potential succession planning changes or corporate governance reforms in the near future?

More News on Emami Paper Mills

1 Year Returns:-17.95%