Escorts Kubota Limited has issued a public notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) for dividends that have remained unclaimed for seven consecutive years or more. The company has requested concerned shareholders to claim their unclaimed dividends expeditiously to prevent the transfer of their shares to the IEPF authority. The notice specifically pertains to the final dividend declared on July 27, 2019, which has not been claimed by the eligible shareholders.

The company has stated that individual notices have been sent to the affected shareholders, and the full details, including names and folio numbers, have been uploaded on its website. Shareholders are required to claim their unclaimed dividends on or before August 26, 2026. If the company does not receive any communication from the shareholders by this date, it will proceed to transfer the shares to the demat account of the IEPF authority without further notice. Once transferred, no claim will lie against the company regarding these shares or dividends.

For shareholders holding shares in physical form, the company will issue new share certificates in lieu of the original ones, which will then stand cancelled and deemed non-negotiable. In the case of shares held in demat mode, the transfer will be executed through corporate action via the depositories to the IEPF authority's demat account. Shareholders may claim their shares back from the IEPF authority by following the prescribed procedure after the transfer is completed.

The notice was issued pursuant to Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The advertisement regarding this transfer was published in the Financial Express (English) and Jansatta (Hindi) on May 28, 2026. The company's Board and Audit Committee reviewed the financial results on May 27, 2026.

Shareholders seeking clarification or wishing to claim their dividends can contact the company or its Registrar and Share Transfer Agent, KFin Technologies Limited. The contact details for both entities are provided below for shareholder assistance.

Escorts Kubota Limited has reported receiving a penalty order from the State Tax Officer, Central Mobile Squad, Ahmedabad, Gujarat. The order confirms a financial penalty of ₹11,32,740 regarding the detention of goods in transit. The penalty was levied due to a lack of sufficient supporting documents during the transit of goods.

The company stated that the event occurred on May 19, 2026, at 08:28 P.M. (IST). In response to the order, Escorts Kubota intends to file an appeal before the appellate authority to challenge the penalty. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Order

The following table outlines the key particulars of the regulatory action taken against the company:

The company has confirmed that the requisite disclosure pursuant to the SEBI Master Circular has been submitted to the exchanges.