NewsKalpataru Projects International Limited Issues Public Notice for Transfer of Equity Shares to IEPF AuthorityKalpataru Projects International Limited Issues Public Notice for Transfer of Equity Shares to IEPF Authority
Kalpataru Projects International Limited issued a public notice on 8th May, 2026, under the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, informing shareholders that equity shares with unclaimed dividends for seven or more consecutive years are liable for transfer to the IEPF Authority. The company has already transferred shares relating to FY 2017-18 and earlier, and has notified all affected shareholders, including those of the erstwhile JMC Projects (India) Limited. Shareholders must respond by 29th August, 2026, failing which their shares will be transferred to the IEPF Authority via corporate action. Recovery of transferred shares and unclaimed dividends can subsequently be pursued directly through the IEPF Authority.
*this image is generated using AI for illustrative purposes only.
Kalpataru Projects International Limited has published a newspaper advertisement dated 8th May, 2026, notifying shareholders of the impending transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. The notice has been published pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in compliance with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The advertisement appeared in the Economic Times (English) and Jai Hind (Gujarati) on 8th May, 2026.
Background and Regulatory Basis
Under the provisions of the IEPF Rules, all shares in respect of which dividends have not been paid or claimed by shareholders for seven consecutive years or more are required to be transferred to the IEPF Authority. The company has stated that it has already transferred, on respective due dates, all shares for which dividends had remained unpaid or unclaimed for seven or more consecutive years up to and including financial year 2017-18.
| Parameter: | Details |
|---|---|
| Notice Date: | 8th May, 2026 |
| Regulatory Basis: | IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 |
| Applicable Period: | Dividends unpaid/unclaimed for seven or more consecutive years |
| Shares Already Transferred: | Up to and including FY 2017-18 |
| Deadline for Shareholder Response: | 29th August, 2026 |
| Registered Office: | Plot No. 101, Part III, G.I.D.C. Estate, Sector-28, Gandhinagar-382028, Gujarat, India |
Shareholders Affected
The notice specifically covers shareholders of Kalpataru Projects International Limited as well as shareholders of erstwhile JMC Projects (India) Limited, which has since been amalgamated with the company. The company has sent individual communications to all concerned shareholders at their available addresses, urging them to take appropriate action before the deadline. Full details of affected shareholders and shares due for transfer have also been uploaded to the company's website.
Key Actions Required by Shareholders
Shareholders are advised to take note of the following:
- Shareholders holding shares in physical form whose shares are liable for transfer will have new share certificates issued in lieu of their original certificates for the purpose of dematerialisation and transfer to the IEPF Authority. Upon issue of new certificates, the original share certificates will stand automatically cancelled and be deemed non-negotiable.
- Shareholders holding shares in demat form will have their demat accounts debited for the shares liable to be transferred to the IEPF Authority.
- Both unclaimed dividends and transferred shares, including all benefits accruing on such shares, can be claimed from the IEPF Authority by following the prescribed procedure under the IEPF Rules.
- Shareholders who do not communicate with the company or its Registrar and Transfer Agent by 29th August, 2026 will have their shares dematerialised and transferred to the IEPF Authority by way of corporate action.
Contact Details for Shareholder Queries
Shareholders seeking clarification or wishing to claim unpaid or unclaimed dividends may contact the company's Registrar and Transfer Agent:
| Parameter: | Details |
|---|---|
| Registrar & Transfer Agent: | Link Intime India Pvt. Ltd. |
| Address: | 5th Floor, 506 to 508, Amarnath Business Centre-1 (ABC-1), Beside Gala Business Centre, Nr. St. Xavier's College Corner, Off C. G. Road, Ellisbridge, Ahmedabad-380006 |
| Telephone: | 079-2646 5179 |
| Email: | iepf.shares@linkintime.co.in |
| Website: | www.linkintime.co.in |
The notice has been signed by Shweta Girotra, Company Secretary and Nodal Officer, on behalf of Kalpataru Projects International Limited, dated 7th May, 2026, from Mumbai.
Historical Stock Returns for Kalpataru Projects International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.71% | +2.03% | +16.78% | -1.56% | +31.05% | +237.58% |
How many shares and what approximate market value is at risk of being transferred to the IEPF Authority from Kalpataru Projects International Limited by the August 2026 deadline?
What is the typical reclaim success rate for shareholders who attempt to recover shares and dividends from the IEPF Authority, and how lengthy is that process?
How might the integration of erstwhile JMC Projects (India) Limited shareholders complicate the IEPF transfer process, and could amalgamation-related disputes delay the deadline?
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