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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































