Jindal Drilling & Industries Limited has sent individual notices to shareholders whose dividends have remained unclaimed for seven consecutive years, warning that their equity shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority during the financial year 2026-27. The company filed an intimation with the stock exchanges on May 6, 2026, pursuant to Regulation 30 of SEBI (Listing, Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD POD2/1/3762/2026 dated January 30, 2026.

Regulatory Background and Compliance

The action is mandated under Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended from time to time and notified by the Ministry of Corporate Affairs. Under these provisions, companies are required to transfer all shares in respect of which dividends have not been claimed by shareholders for seven consecutive years to the IEPF set up by the Central Government. The unclaimed dividends in question pertain to the period commencing from the financial year 2018-19.

Key Details and Deadlines

The following table summarises the key parameters of this regulatory notice:

How Shareholders Can Claim Their Dividends

Affected shareholders have been requested to claim their unpaid or unclaimed dividends on or before October 15, 2026 by approaching the Company Secretary at the Corporate Office at Plot No. 30, Institutional Sector-44, Gurugram-122003, or the Company's Registrar and Transfer Agents — Alankit Assignments Limited (Unit – Maharashtra Seamless Limited), Alankit House, 4E/2, Jhandewalan Extension, New Delhi-110055.

The documentation requirements differ based on the mode of shareholding:

• Demat form: Shareholders must submit a self-attested copy of the Client Master List. Payment will be remitted electronically to the bank account registered against the demat account.
• Physical form: Shareholders must submit duly filled Investor Service Request Forms — ISR-1, ISR-2, SH-13 (Nomination Form) or ISR-3 (opting out of Nomination) — along with supporting documents, including an original cancelled cheque leaf stating the account holder's name. These forms are available on the company's website at www.jindal.com .

Consequences of Non-Compliance

If dividends are not claimed by the stipulated deadline, the equity shares of the concerned shareholders will be transferred to the IEPF. For shares held in physical form, the transfer will be effected by issuing duplicate share certificates, upon which the original share certificates will be deemed cancelled and non-negotiable. For shares held in demat form, the company will issue appropriate instructions to the depositories in the form of a corporate action. Following the transfer, any corporate benefits arising from the shareholding will be credited directly to the IEPF.

Shareholders who wish to reclaim their transferred shares and unclaimed dividend amounts may do so by submitting the required documents to the company for an Entitlement Letter and subsequently filing an online application through the prescribed e-Form IEPF-5, available at www.mca.gov.in . Details of affected shareholders and shares are available on the company's website at www.jindal.com .

Jindal drilling & industries Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI depositories regulations for the quarter ended 31st March, 2026.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both BSE and NSE on April 07, 2026. Company Secretary Binaya Kumar Dash signed and submitted the compliance document to ensure adherence to regulatory timelines.

Registrar Confirmation

M/s. Alankit Assignments Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 04, 2026. General Manager Kamal Garg signed the certificate confirming proper handling of dematerialisation processes during the quarter.

The registrar certified that securities comprised in physical certificates have been properly listed on stock exchanges and that physical certificates were duly verified, mutilated, and cancelled with depository names substituted as registered owners in company records.

Stock Exchange Communication

The filing was simultaneously submitted to both major Indian stock exchanges where the company's shares are listed:

Corporate Structure

Jindal Drilling & Industries Limited operates from multiple locations with its interim corporate office in Sector-44, Gurgaon, and registered office in Roha, Maharashtra. The company maintains membership with the International Association of Drilling Contractors, Houston, Texas, USA, reflecting its position in the drilling industry.

The quarterly certificate filing demonstrates the company's commitment to maintaining regulatory compliance and transparency in its share transfer and dematerialisation processes as required under SEBI regulations.