India Glycols to transfer unclaimed shares to IEPF

2 min read     Updated on 23 May 2026, 11:15 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

India Glycols Limited announced the transfer of unclaimed dividend shares from FY 2018-19 to the IEPF Authority due to seven years of non-claim. Shareholders must claim dividends by September 10, 2026, to avoid the transfer of their holdings.

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India Glycols Limited has informed its shareholders regarding the impending transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is in compliance with the provisions of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The company is required to transfer shares for which dividends have remained unpaid or unclaimed for a period of seven consecutive years or more.

The notice specifically targets all equity shares related to the financial year 2018-19, where dividends have been unclaimed for seven consecutive years. In accordance with the regulations, these shares are liable to be transferred to the IEPF Authority. The company has already communicated individually with the concerned shareholders at their last known addresses to encourage them to take appropriate action.

Full details of the affected shareholders, including names, folio numbers, and the number of shares due for transfer, have been uploaded on the company's website. Shareholders are requested to verify these details to ascertain if their holdings are subject to this transfer.

Key Details Information
Financial Year 2018-19
Unclaimed Period 7 Consecutive Years
Claim Deadline September 10, 2026
Regulatory Framework Companies Act, 2013 & IEPF Rules, 2016

Shareholders who have not claimed their dividends for the year 2018-19 and subsequent years are requested to submit their claims on or before September 10, 2026. If the company does not receive communication from the relevant shareholders by this date, it will proceed to issue new share certificates in lieu of the original ones for the purpose of dematerialization and transfer to the IEPF Authority. In such cases, the original share certificates registered in the shareholder's name will be automatically cancelled and deemed non-negotiable.

For shares held in dematerialized form, the company will inform the depository via corporate action to facilitate the transfer of shares to the IEPF Authority's domain account. The company has clarified that no claim will lie against it regarding unclaimed dividends and shares transferred to the IEPF. However, shareholders can reclaim the unclaimed dividends and shares, along with any accrued benefits, directly from the IEPF Authority by following the prescribed procedures and submitting the necessary documents.

Shareholders seeking further information or clarification can contact the Company Secretary at the company's Head Office in Noida or reach out to the Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited, in New Delhi.

Historical Stock Returns for India Glycols

1 Day5 Days1 Month6 Months1 Year5 Years
+2.34%-0.78%+3.51%-10.25%+8.20%+311.77%

How might the volume of shares transferred to IEPF Authority impact India Glycols Limited's shareholder composition and future voting dynamics?

What digital outreach strategies could India Glycols Limited adopt to improve dividend claim rates before the September 2026 deadline and reduce future IEPF transfers?

As IEPF reclaim procedures remain complex for many retail investors, could regulatory reforms simplify the process of recovering transferred shares from the Authority?

India Glycols PAT Rises 26.8% to INR293 Crores in FY26

1 min read     Updated on 23 May 2026, 01:33 AM
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Reviewed by
Anirudha BScanX News Team
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India Glycols reported a 26.8% rise in PAT to INR293 crores for FY26, with net revenue increasing 11.8% to INR4,211 crores. EBITDA grew 24.5% to INR654 crores, driven by strong performances in the Bio-Fuels and Potable Spirits segments. The company prepaid INR804 crores in debt, improving its debt-to-equity ratio to 0.5x.

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India Glycols has reported its financial results for the fourth quarter and full year ended March 31, 2026. The company posted a net profit (PAT) of INR293 crores for FY26, an increase of 26.8% compared to the previous year. Net revenue for the year stood at INR4,211 crores, up 11.8%, while gross revenues reached INR9,827 crores, growing by 8.7%.

Operational Performance

The company's EBITDA for FY26 was INR654 crores, a rise of 24.5%, with the EBITDA margin expanding by 162 basis points to 15.5%. Management attributed the margin improvement to significant contributions from the Potable Spirits, Bio-Fuels, and Chemicals segments. For the fourth quarter, net revenue grew 13.1% year-on-year to INR976 crores, while EBITDA increased 13.3% to INR167 crores.

Segment Highlights

The Bio-Fuels segment delivered a strong performance with a 40.9% growth in top-line to INR1,470 crores. The EBIT for this segment nearly doubled, rising 103.3% to INR115 crores, with an EBIT margin of 7.8%. The Potable Spirits business reported a top-line of INR1,331 crores, up 14.4%, and an EBIT of INR285 crores, up 11.1%. The Chemicals segment saw a net revenue decline of 10.4% to INR1,203 crores; however, EBIT improved by 12.5% to INR141 crores, driven by a focus on higher value-added products.

Financial Ratios and Outlook

India Glycols improved its financial ratios during the year. The debt-to-equity ratio decreased from 0.7x in FY23 to 0.5x in FY26, while the interest coverage ratio improved from 2.3x to 3.0x. ROCE increased to 11.9% and RONW to 11.3% in FY26. The company prepaid INR804 crores in debt during the quarter, resulting in interest cost savings of INR20 crores.

Metric FY26 Value YoY Change
Net Revenue INR4,211 crores +11.8%
Gross Revenue INR9,827 crores +8.7%
EBITDA INR654 crores +24.5%
EBITDA Margin 15.5% +162 bps
PAT INR293 crores +26.8%
PAT Margin 6.9% +84 bps

Historical Stock Returns for India Glycols

1 Day5 Days1 Month6 Months1 Year5 Years
+2.34%-0.78%+3.51%-10.25%+8.20%+311.77%

How might India's evolving ethanol blending policy targets impact India Glycols' Bio-Fuels segment growth trajectory beyond FY26?

With the Chemicals segment revenue declining despite margin improvement, what strategic shifts toward value-added products could India Glycols pursue to reverse the top-line pressure?

Given the significant INR804 crore debt prepayment, how might India Glycols redeploy its strengthened balance sheet for capacity expansion or acquisitions in high-margin segments?

More News on India Glycols

1 Year Returns:+8.20%