Fluidomat Limited Initiates Transfer of Equity Shares to IEPF Demat Account for Unclaimed Dividends

2 min read     Updated on 06 May 2026, 01:42 PM
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AI Summary

Fluidomat Limited has notified BSE under Regulation 30 of SEBI (LODR) Regulations, 2015, regarding the transfer of equity shares to the IEPF Demat Account for shareholders with unclaimed dividends spanning seven or more consecutive years. The unclaimed dividend amounts for the identified shareholder range from 200.00 to 750.00 across financial years 2018-2019 to 2024-2025, with 100 shares held each year. Shareholders must claim their unpaid dividends and submit the requisite documentation to the company's RTA on or before 25th October, 2026, to prevent the transfer. Shares not reclaimed before the due date of November 24, 2026, will be transferred to the IEPF without further notice.

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Fluidomat Limited has filed an announcement with BSE under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, disclosing the dispatch of reminder letters to shareholders whose equity shares are liable for transfer to the Investor Education and Protection Fund (IEPF) Demat Account. The communication, signed by Company Secretary and Compliance Officer Devendra Kumar Sahu, was filed on 6th May, 2026.

Background and Regulatory Basis

The transfer is being undertaken pursuant to Section 124(6) of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended. Under these provisions, all shares in respect of which dividends have not been paid or claimed for seven consecutive years or more are required to be transferred by the company to the IEPF, established by the Central Government under Section 125 of the Act.

The company has dispatched reminder letters to the identified shareholders in compliance with Rule 6(3) of the said Rules, informing them of the pending transfer and the steps required to prevent it.

Unclaimed Dividend Details

The reminder letter enclosed with the filing illustrates the unclaimed dividend position for an identified shareholder (Folio/Client ID: B02021) holding 100 shares across multiple financial years. The details are as follows:

Folio/ Client ID Year No of Shares Held Amount of Dividend Unclaimed
B02021 2018-2019 100 200.00
B02021 2019-2020 100 225.00
B02021 2020-2021 100 325.00
B02021 2021-2022 100 350.00
B02021 2022-2023 100 450.00
B02021 2023-2024 100 550.00
B02021 2024-2025 100 750.00

Key Deadlines and Shareholder Action Required

Shareholders whose dividends remain unclaimed are urged to take note of the following critical timelines and actions:

  • Deadline to claim unpaid dividend: On or before 25th October, 2026
  • Due date for transfer of shares to IEPF: November 24, 2026
  • Shareholders must write to the company's Registrar & Share Transfer Agent (RTA) — M/S Ankit Consultancy Pvt Ltd, 60, Electronic Complex, Near Pardeshipura, Indore (MP) - 452010 (Phone: 0731-4065799/797; Email: investor@ankitonline.com ) along with Form ISR-1 (supported by copies of PAN, Aadhaar, and Cancelled Cheque)
  • The physical letter must reach the RTA on or before 25th October, 2026
  • No claim shall lie against the company in respect of shares transferred to the IEPF

Recourse After Transfer

In the event that shares and unpaid dividends are transferred to the IEPF, affected shareholders may still claim them from the IEPF Authority by submitting an online application in Form IEPF-5, available on the website www.iepf.gov.in , pursuant to the provisions of Sections 124 and 125 of the Companies Act, 2013.

Shareholders with queries are advised to contact the company's RTA, M/S Ankit Consultancy Pvt Ltd, at the address and contact details mentioned above. The filing underscores the company's compliance with applicable SEBI and Ministry of Corporate Affairs regulations governing the protection of investor interests.

Historical Stock Returns for Fluidomat

1 Day5 Days1 Month6 Months1 Year5 Years
+0.56%-2.22%+6.07%-16.20%-10.46%+717.50%

How many total shareholders and what aggregate value of shares is Fluidomat at risk of transferring to IEPF by November 2026, and what does this indicate about investor engagement with the company?

Could the mandatory IEPF transfer of unclaimed shares impact Fluidomat's shareholding pattern or influence future voting outcomes at shareholder meetings?

What steps is Fluidomat planning to take beyond reminder letters to improve dividend claim rates and reduce the volume of shares transferred to IEPF in future cycles?

Fluidomat Limited Dispatches KYC Compliance Letters to Physical Securities Holders

2 min read     Updated on 06 May 2026, 01:37 PM
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AI Summary

Fluidomat Limited has dispatched KYC compliance letters to physical securities holders through its RTA, M/s Ankit Consultancy Pvt. Ltd., in compliance with SEBI Master Circular dated February 06, 2026. Shareholders are required to mandatorily submit PAN, bank account details, contact information, nomination details, and specimen signatures for their respective folios. Folios lacking these details will be restricted from RTA services and will receive all payments exclusively through electronic mode effective April 01, 2024. Shareholders may submit documents via In Person Verification, self-attested hard copies, or electronic mode with e-sign.

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Fluidomat Limited has notified BSE of the dispatch of KYC compliance letters to its shareholders holding physical securities, in accordance with SEBI Master Circular No. HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated February 06, 2026. The communication was filed on May 06, 2026, and is signed by Devendra Kumar Sahu, Company Secretary and Compliance Officer.

Regulatory Background

The dispatch is mandated under Regulation 30 read with Schedule III Part A Para A Clause No. 12 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The SEBI circular requires all holders of physical securities in listed companies to furnish specific KYC-related documentation to the Registrar and Share Transfer Agent (RTA) for their respective folio numbers.

Details Required from Physical Securities Holders

The letters sent by M/s Ankit Consultancy Pvt. Ltd., the company's RTA, request shareholders to provide the following details where not already registered:

Sr. No. Particulars Form to be Used
1 PAN (First Holder) Form No. ISR-1
2 PAN (Second Holder) Form No. ISR-1
3 Email ID Form No. ISR-1
4 Mobile Number Form No. ISR-1
5 Bank Account Details Form No. ISR-1
6 Nomination Details Form No. SH-13 / Form No. ISR-3
7 Specimen Signature Form No. ISR-2

Key Compliance Obligations for Shareholders

Shareholders whose folios do not have the required details updated will face the following restrictions:

  • Grievances or service requests with the RTA can only be lodged after furnishing PAN, KYC details, and nomination information.
  • All payments including dividend, interest, or redemption in respect of such folios will be processed exclusively through electronic mode with effect from April 01, 2024.
  • An intimation will be sent by the listed company to the security holder that such payment is due and will be made electronically only upon compliance with the stated requirements.

Nomination and Signature Requirements

For nomination, shareholders may use Form SH-13 for registration or Form SH-14 for cancellation or variation of nomination, as provided under Rule 19 of the Companies (Share Capital and Debenture) Rules, 2014. Shareholders who wish to opt out of nomination may do so through Form ISR-3 after cancelling any existing nomination via Form SH-14. Specimen signatures must be registered through Form ISR-2.

Submission Modes and RTA Contact

Shareholders may submit the required documents through any one of the following modes:

  • In Person Verification (IPV): The authorized person of the RTA verifies original documents and retains copies with IPV stamping.
  • Hard copies: Self-attested and dated copies submitted to the RTA.
  • Electronic mode: Submission with e-sign as elaborated under the SEBI circular.

The RTA contact details are as follows:

Parameter: Details
RTA Name: M/s Ankit Consultancy Pvt. Ltd.
Address: 60, Electronic Complex, Pardeshipura, Indore (M.P.) - 452 010
Telephone: 0731-4065799, 4065797, 4949444
Email: investor@ankitonline.com
Website: www.ankitonline.com

Relevant forms and SEBI circulars are available on the company's website as well as on the RTA's website at www.ankitonline.com . Shareholders are urged to furnish the required documents at the earliest to ensure uninterrupted access to services and payments.

Historical Stock Returns for Fluidomat

1 Day5 Days1 Month6 Months1 Year5 Years
+0.56%-2.22%+6.07%-16.20%-10.46%+717.50%

What percentage of Fluidomat's shareholders still hold physical securities, and how might non-compliance with KYC requirements impact dividend distribution timelines?

Could SEBI's push for mandatory KYC compliance among physical securities holders accelerate the transition to full dematerialization across Indian listed companies?

How might persistent non-compliance by physical securities holders affect Fluidomat's unclaimed dividend liabilities and potential transfers to the Investor Education and Protection Fund (IEPF)?

More News on Fluidomat

1 Year Returns:-10.46%