ENIL to transfer unclaimed dividend to IEPF on 7 September 2026

1 min read     Updated on 05 Jun 2026, 04:13 AM
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Entertainment Network (India) Limited announced it will transfer unclaimed dividend for the financial year ended 31 March 2019 to the Investor Education and Protection Fund on 7 September 2026. Shareholders must submit claims for un-encashed warrants by 6 September 2026 to KFin Technologies Limited to avoid the transfer of funds and underlying equity shares. Post-transfer, shares will be moved to the IEPF Demat Account, and shareholders must file an IEPF-5 form to reclaim them.

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Entertainment Network (India) Limited will transfer unclaimed dividend for the financial year ended 31 March 2019 to the Investor Education and Protection Fund (IEPF) on 7 September 2026. Shareholders who have not encashed dividend warrants for this period must submit their claims by 6 September 2026 to prevent the transfer of funds and underlying equity shares to the IEPF. The disclosure was made under Regulations 30 and 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The dividend, declared at the Annual General Meeting held on 5 August 2019, remains unpaid and is due for transfer as per the Companies Act, 2013 and the IEPF Rules. Concerned members are required to send un-encashed dividend warrants or a letter-cum-indemnity to KFin Technologies Limited, the Registrar and Share Transfer Agent, to reissue the warrants. Claims must reach the RTA on or before Sunday, 6 September 2026.

If no valid claim is received by the deadline, the company will transfer the dividend and the underlying shares to the IEPF account without further notice. Following the transfer, the original share certificates will be deemed cancelled and non-negotiable for physical holdings, while demat shares will be transferred via corporate action to the IEPF Demat Account. Subsequent corporate benefits related to these shares will also be credited to the IEPF.

Shareholders can claim the transferred shares and dividend from the IEPF Authority by requesting an 'Entitlement Letter' from the company or KFinTech and filing an online application in e-Form IEPF-5. Details of the unclaimed dividend and shares are available on the company’s website. Queries may be directed to the RTA or the company’s compliance officer.

Key Dates and Contact Information

Event Date/Details
Financial Year for Unclaimed Dividend FY ended 31 March 2019
AGM Date 5 August 2019
Claim Deadline 6 September 2026
Transfer to IEPF 7 September 2026
RTA KFin Technologies Limited
RTA Email einward.ris@kfintech.com

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE265F01028/40e369bb877a40ee.pdf

Historical Stock Returns for Entertainment Network

1 Day5 Days1 Month6 Months1 Year5 Years
+2.17%-0.21%-7.93%-8.45%-25.83%-37.85%

What impact will the transfer of unclaimed shares to the IEPF have on Entertainment Network India's shareholder distribution and floating stock?

How might the company's investor relations strategy evolve to minimize future unclaimed dividends and share transfers?

Could the potential reduction in physical shareholding due to IEPF transfers influence liquidity or trading volumes for ENIL?

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ENIL Digital Revenue Surges 84%; Board Recommends Dividend

3 min read     Updated on 22 May 2026, 05:32 PM
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Entertainment Network (India) Limited reported a 3.9% YoY growth in consolidated revenues to ₹565 crore for FY26, driven by an 84% surge in digital revenue to ₹112.4 crore. Despite the digital growth, the company posted a net loss of ₹739.28 lakhs on a consolidated basis, compared to a profit in the previous year. The Board recommended a dividend of ₹2.00 per share, and management addressed a ₹113 crore income tax demand for FY 2023-24.

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Entertainment Network (India) Limited has released the transcript of its Q4 FY26 earnings conference call held on May 18, 2026. The management discussed the financial performance for the quarter and year ended March 31, 2026, highlighting the significant growth in the digital segment and the impact of geopolitical tensions on the non-FCT business.

Business Highlights

ENIL delivered consolidated revenues of ₹565 crore for FY26, a growth of 3.9% year-on-year. Domestic revenues rose 4.0% to ₹548 crore. The existing business revenue for the full year stood at ₹4,350.8 Mn, delivering an EBITDA of ₹762.0 Mn at a margin of 18%. For Q4 FY26, consolidated revenues stood at ₹142 crore with domestic revenues at ₹139 crore. Radio volume market share for Q4 remained steady at 25.3%, reinforcing continued leadership in the segment. The balance sheet remained healthy, with consolidated and standalone cash balances standing at ₹4.24 Bn and ₹4.04 Bn, respectively, as of March 31, 2026.

The digital business was the standout performer of FY26, recording revenues of ₹112.4 crore, a growth of 84% year-on-year. Digital revenue as a percentage of core radio grew to 48.4% from 26.3% year-on-year for the full year. Gaana continued to gain traction through an expanded user base and stronger engagement, while digital spends reduced by 23%, reflecting improving unit economics. The international business reported revenue of ₹184.4 Mn for the full year.

Operational Updates

During the call, management noted that the non-FCT segment faced challenges in Q4 FY26 due to macroeconomic and geopolitical issues, leading to event disruptions and execution delays. The radio segment maintained a volume market share of 25.2% despite subdued industry demand. The company remains focused on profitable growth for its digital subscription business, targeting breakeven in FY27. Management also addressed an income tax demand of ₹113 crores for FY 2023-24, stating the company is confident in its appeal.

Standalone Financial Performance

On a standalone basis, Entertainment Network (India) Limited reported a net loss of ₹564.04 lakhs for FY26, compared to a net profit of ₹1,180.95 lakhs in the previous year. Total revenue from operations rose to ₹54,747.21 lakhs from ₹52,639.50 lakhs. However, total expenses increased to ₹59,934.65 lakhs from ₹54,487.81 lakhs, driven by higher production and other expenses. The company recorded exceptional items of ₹970.48 lakhs for the full year.

Metric: Q4 FY26 (Unaudited) FY26 (Audited) FY25 (Audited)
Total Revenue from Operations (₹ Lakhs): 13,927.90 54,747.21 52,639.50
Total Expenses (₹ Lakhs): 15,262.42 59,934.65 54,487.81
Profit Before Exceptional Items & Tax (₹ Lakhs): (221.75) (1,996.82) 1,859.67
Exceptional Items (₹ Lakhs): (160.45) (970.48) —
Net Profit / (Loss) (₹ Lakhs): 928.29 (564.04) 1,180.95
Basic EPS (₹): 1.95 (1.18) 2.48

Consolidated Financial Performance

On a consolidated basis, the group reported a net loss of ₹739.28 lakhs for FY26, compared to a net profit of ₹1,195.15 lakhs in FY25. Consolidated total revenue from operations grew to ₹56,517.15 lakhs from ₹54,414.56 lakhs. Total consolidated expenses rose to ₹61,930.75 lakhs from ₹56,314.80 lakhs.

Metric: Q4 FY26 (Unaudited) FY26 (Audited) FY25 (Audited)
Total Revenue from Operations (₹ Lakhs): 14,213.37 56,517.15 54,414.56
Total Expenses (₹ Lakhs): 15,664.67 61,930.75 56,314.80
Profit Before Exceptional Items & Tax (₹ Lakhs): (316.55) (2,142.18) 1,901.90
Exceptional Items (₹ Lakhs): (160.45) (970.48) —
Net Profit / (Loss) (₹ Lakhs): 826.68 (739.28) 1,195.15
Basic EPS (₹): 1.73 (1.55) 2.51

Key Corporate Disclosures

The Board recommended a dividend of ₹2.00 per equity share of ₹10 each, aggregating ₹953.41 lakhs, subject to shareholder approval. The company entered into a Term Sheet with Abhijit Realtors & Infraventures Private Limited for the proposed transfer of assets relating to four FM Radio Stations for a consideration of ₹1,960.00 lakhs plus applicable taxes.

Historical Stock Returns for Entertainment Network

1 Day5 Days1 Month6 Months1 Year5 Years
+2.17%-0.21%-7.93%-8.45%-25.83%-37.85%

Can ENIL sustain its 84% digital revenue growth trajectory in FY27, and what specific monetization strategies will drive Gaana toward profitability given the competitive music streaming landscape?

How will the divestiture of four FM Radio Stations to Abhijit Realtors impact ENIL's overall radio market share and operational footprint, and could this signal a broader strategic shift away from traditional broadcasting?

With geopolitical tensions having disrupted the non-FCT segment in Q4 FY26, how resilient is ENIL's event and experiential business to prolonged macroeconomic uncertainty heading into FY27?

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