HPCL sets September 11 deadline to claim unclaimed dividends

1 min read     Updated on 20 Jun 2026, 01:32 AM
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Hindustan Petroleum Corporation Limited has announced a deadline of September 11, 2026, for shareholders to claim unclaimed dividends from FY 2018-19 to FY 2025-26. Failure to claim will result in the transfer of shares and dividends to the IEPF Authority under the Companies Act, 2013. Shareholders must update KYC details and submit claims to the RTA, M/s. MUFG Intime India Pvt. Ltd., before the deadline.

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Hindustan Petroleum Corporation Limited has set a deadline of September 11, 2026, for shareholders to claim unclaimed dividends pertaining to FY 2018-19 (Final) to avoid the transfer of shares to the Investor Education and Protection Fund (IEPF) Authority. The company stated that dividends which have remained unclaimed for seven consecutive years, from FY 2018-19 (Final) to FY 2025-26 (Interim), are liable to be transferred to the IEPF Authority under the Companies Act, 2013. If the claims are not made by the stipulated date, the shares associated with the unclaimed dividends will be transferred to the authority along with the dividend amounts.

The company has uploaded the details of all unclaimed dividends, including those for FY 2018-19 (Final), on its website. Shareholders have been advised to verify their folios and claim any pending amounts immediately. Additionally, the company requested shareholders to claim unclaimed dividends for other financial years as well. To process these claims, shareholders must ensure their KYC details, including email, address, PAN, mobile number, and bank details, are updated with their respective Depository Participants for Demat shares or the Registrar and Transfer Agents (RTA) for physical shares.

Transfer Process and Consequences

If no claim or application is received by the company or its RTA by September 11, 2026, the company will transfer the underlying shares to the IEPF Authority. The process varies based on the mode of holding:

Share Holding Mode Transfer Process
Physical Form Issuance of duplicate share certificate and transfer to IEPF Authority; original certificates stand cancelled.
Demat Mode Issuance of instruction to the member's Depository Participant to transfer shares directly to IEPF Authority.

The company cautioned that once the shares are transferred, all future benefits, including dividends, will also be credited to the IEPF Authority. However, shareholders may reclaim these shares and benefits by following the procedure prescribed under the IEPF rules.

Contact Information

Shareholders must submit their claims to the company's RTA, M/s. MUFG Intime India Pvt. Ltd., located at C-101, 247 Park, L.B.S Marg, Vikhroli (W), Mumbai - 400083. Queries can be directed via email to investor.helpdesk@in.mpms.mufg.com or by calling +91 8108116767. The public notice was issued by Rakesh Kumar Singh, Company Secretary, on June 19, 2026.

Historical Stock Returns for Hindustan Petroleum

1 Day5 Days1 Month6 Months1 Year5 Years
-2.37%+7.22%+9.25%-15.50%-0.47%+98.86%

What impact will the transfer of unclaimed shares to the IEPF Authority have on HPCL's shareholder register and voting rights?

How might the deadline influence shareholder engagement and awareness regarding unclaimed dividends in the broader market?

What steps is HPCL taking to educate shareholders about the IEPF reclaim process to minimize future unclaimed transfers?

HPCL JV HRRL refinery resumes production after CDU restoration

1 min read     Updated on 19 Jun 2026, 02:42 AM
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Hindustan Petroleum Corporation Limited's JV, HRRL, completed CDU restoration and resumed production of BS-VI HSD, LPG, Petcoke, and Naphtha. Sales of LPG and Petcoke have begun, with BS-VI MS production starting next week.

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Hindustan Petroleum Corporation Limited’s joint venture, HPCL Rajasthan Refinery Limited (HRRL), has resumed production of key petroleum products following the successful restoration of its Crude Distillation Unit (CDU). The unit, which had suffered a localized fire in its heat exchanger stack on April 20, 2026, is now operational and producing product streams routed to downstream processing units.

The HRRL Refinery has commenced the production of BS-VI High Speed Diesel (HSD), LPG, Petcoke, and Naphtha. Commercial sales of LPG and Petcoke have already begun, while dispatches of BS-VI HSD are scheduled to start by the end of this week.

Production and dispatches of BS-VI Motor Spirit (MS) are expected to commence in the following week. The management of both Hindustan Petroleum Corporation Limited and HRRL remains focused on ensuring safe, stable, and efficient operations as the refinery ramps up production to optimal capacity utilization.

Production Status

Product Status
BS-VI High Speed Diesel (HSD) Production commenced; dispatches expected by end of week
LPG Production commenced; sales started
Petcoke Production commenced; sales started
Naphtha Production commenced
BS-VI Motor Spirit (MS) Production and dispatches expected next week

The company acknowledged the support of the Ministry of Petroleum and Natural Gas, the Government of India, the Government of Rajasthan, and other partners in the restoration efforts.

Historical Stock Returns for Hindustan Petroleum

1 Day5 Days1 Month6 Months1 Year5 Years
-2.37%+7.22%+9.25%-15.50%-0.47%+98.86%

What is the estimated timeline for the refinery to reach optimal capacity utilization following the restart?

How will the temporary shutdown impact HPCL's overall refining margins and financial results for the current quarter?

Are there any anticipated supply chain disruptions or delays in meeting regional fuel demand during the ramp-up period?

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1 Year Returns:-0.47%