India Motor Parts & Accessories Limited Issues Notice for IEPF Transfer of Unclaimed Dividends and Shares

2 min read     Updated on 04 Apr 2026, 06:22 PM
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India Motor Parts & Accessories Limited has published a mandatory notice regarding the transfer of unclaimed interim dividends for 2018-19 and corresponding equity shares to the Investor Education and Protection Fund Authority. The transfer will occur on or after July 3, 2026, for dividends that have remained unclaimed for seven consecutive years. The company has communicated individually with affected shareholders and made relevant details available on its website, urging shareholders to claim their dividends before the deadline to avoid automatic transfer to IEPF.

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India Motor Parts & Accessories Limited has issued a formal notice regarding the mandatory transfer of unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF) Authority. The announcement, made through newspaper advertisements published on April 3, 2026, serves as a final notice to shareholders before the transfer deadline.

Transfer Details and Timeline

The company has outlined specific details regarding the upcoming IEPF transfer:

Parameter: Details
Dividend Period: Interim Dividend 2018-19
Transfer Date: On or after July 3, 2026
Unclaimed Period: Seven consecutive years
Authority: Investor Education and Protection Fund Authority (IEPFA)
Legal Basis: Companies Act 2013, Section 124 and IEPF Rules 2016

Pursuant to the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules 2016 and Section 124 of the Companies Act 2013, interim dividends for the financial year 2018-19 that have remained unclaimed for seven years will be transferred to IEPF. The corresponding equity shares on which dividends have remained unclaimed by shareholders for seven consecutive years will also be transferred simultaneously to the demat account of IEPFA.

Shareholder Communication and Documentation

The company has undertaken comprehensive communication efforts to notify affected shareholders. Individual communications have been sent via registered post to shareholders whose shares are liable for transfer to IEPFA. Complete details of unclaimed dividends and shares subject to transfer have been made available on the company's website at www.impal.net .

Shareholders are specifically requested to review the details of unclaimed dividends and shares liable for IEPFA transfer and submit their claims for interim dividend 2018-19 and subsequent dividend declarations before the deadline.

Post-Transfer Claims Process

The company has clarified the implications of the transfer process:

  • No claims will lie against the company for unclaimed dividends and shares transferred to IEPF/IEPFA accounts
  • Both unclaimed dividends and transferred shares can be claimed directly from IEPF Authority
  • Claims must follow the procedure prescribed in the IEPF Rules 2016
  • Shareholders requiring assistance can contact the company's registrar and share transfer agents

Contact Information for Queries

For queries related to the IEPF transfer process, shareholders can contact the company's Registrar and Share Transfer Agents, M/s Cameo Corporate Services Ltd, located at "Subramanian Building", 1 Club House Road, Chennai 600002. The contact details include telephone number 044-28460390 and email address investor@cameoindia.com .

The notice emphasizes that if the company does not receive communication from concerned shareholders before July 3, 2026, it will proceed with transferring dividends to IEPFA and subsequently transfer corresponding shares without further notice, in adherence to regulatory requirements.

Historical Stock Returns for India Motor Parts & Accessories

1 Day5 Days1 Month6 Months1 Year5 Years
-0.53%-2.17%-7.01%-10.36%-1.13%+40.80%

How might this IEPF transfer impact India Motor Parts & Accessories Limited's shareholder base and voting dynamics going forward?

What trends in unclaimed dividend rates across the Indian automotive parts sector could this indicate for investor engagement?

Will the company implement new digital communication strategies to reduce future unclaimed dividends and IEPF transfers?

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India Motor Parts & Accessories Limited Receives Credit Rating Reaffirmation from ICRA Limited

1 min read     Updated on 10 Mar 2026, 10:31 AM
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India Motor Parts & Accessories Limited announced that ICRA Limited has reaffirmed the company's credit ratings with [ICRA]AA (Stable) for long term bank credits and [ICRA] A1+ for short term bank credits. The company disclosed this information to stock exchanges under Regulation 30 of SEBI LODR on March 9, 2026, demonstrating continued creditworthiness and regulatory compliance.

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India Motor Parts & Accessories Limited has announced that ICRA Limited has reaffirmed the company's credit ratings, maintaining its assessment of the company's creditworthiness. The company communicated this development to the National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on March 9, 2026.

Credit Rating Details

ICRA Limited, the credit rating agency, has reaffirmed both long term and short term credit ratings for the company's bank credits. The rating reaffirmation demonstrates the agency's continued confidence in the company's financial position and credit profile.

Type of Instruments Ratings Remarks
Long Term Rating for Bank Credits [ICRA]AA (Stable) Rating reaffirmed
Short Term Rating for Bank Credits [ICRA] A1+ Rating reaffirmed

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited and BSE Limited about the credit rating reaffirmation. The communication was signed by R. Swetha, Company Secretary & Compliance Officer, ensuring proper regulatory compliance under SEBI LODR requirements.

The [ICRA]AA (Stable) rating for long term bank credits indicates a high degree of safety regarding timely servicing of financial obligations, while the [ICRA] A1+ rating for short term bank credits reflects the highest credit quality with very strong degree of safety for timely payment of financial obligations.

Historical Stock Returns for India Motor Parts & Accessories

1 Day5 Days1 Month6 Months1 Year5 Years
-0.53%-2.17%-7.01%-10.36%-1.13%+40.80%
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1 Year Returns:-1.13%