Karur Vysya Bank Issues Public Notice for Transfer of Unclaimed Dividend Shares to IEPF; Deadline Set for August 18, 2026
Karur Vysya Bank published newspaper notices on May 13, 2026, in Business Standard (All Editions) and Dinamalar (Trichy Edition) announcing the transfer of equity shares with dividends unclaimed for seven consecutive years from FY 2018-19 to the IEPF. Shareholders must submit valid claims on or before August 18, 2026, to prevent the transfer of their shares and associated unclaimed dividends. Post-transfer, shareholders can reclaim their assets by filing Form IEPF-5 on www.iepf.gov.in and following the prescribed verification process. The notice was issued in compliance with SEBI LODR Regulations, 2015, and Section 124(6) of the Companies Act, 2013.

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Karur Vysya Bank has issued a public notice regarding the transfer of equity shares, on which dividends have remained unclaimed for seven consecutive years, to the Investor Education and Protection Fund (IEPF). The bank published newspaper advertisements on May 13, 2026, in compliance with Regulation 30 and 47 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as Section 124(6) of the Companies Act, 2013 and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.
Newspaper Publication Details
The notice was published simultaneously in two newspapers on May 13, 2026, ensuring broad reach across English and Tamil-speaking audiences. The details of the publications are as follows:
| Publication Detail: | Newspaper 1 | Newspaper 2 |
|---|---|---|
| Newspaper: | Business Standard | Dinamalar |
| Edition: | All Edition | Trichy Edition |
| Language: | English | Tamil |
Key Dates and Compliance Requirements
The bank has identified shareholders whose dividends have remained unclaimed for seven consecutive years beginning from FY 2018-19. Individual communications have been sent to all concerned shareholders whose shares are liable for transfer. The critical deadline and transfer details are outlined below:
| Parameter: | Details |
|---|---|
| Claim Submission Deadline: | August 18, 2026 |
| Dividend Period Affected: | FY 2018-19 (seven consecutive years unclaimed) |
| Transfer Destination: | Investor Education and Protection Fund (IEPF) |
| Registrar & Share Transfer Agent: | M/s. MUFG Intime India Private Limited |
Shareholders who do not submit a valid claim on or before August 18, 2026 to the bank's Registrar and Share Transfer Agent or to the bank's Registered and Central Office will have their shares transferred to the IEPF account without further notice. All future benefits, including dividends arising from such transferred shares, will also be directed to the IEPF thereafter. The bank has clarified that no shares or dividends subject to a specific court or tribunal restraining order will be transferred.
Reclaim Process for Affected Shareholders
Shareholders whose shares and unclaimed dividends are transferred to IEPF retain the right to reclaim them by following the prescribed procedure:
- Submit an online application in Form IEPF-5, available at www.iepf.gov.in , as per rules prescribed by the Central Government.
- Send a duly signed copy of the completed Form IEPF-5, along with all required documents, to: The Nodal Officer, Investor Relations Cell, Registered & Central Office, No. 20, Erode Road, Vadivel Nagar, L.N.S., Karur – 639002.
- The bank will, within 30 days of receipt of the claim, send a verification report to the IEPF Authority along with all documents submitted by the claimant.
- Upon verification, the IEPF Authority may release the shares and/or dividend directly to the claimant.
Contact Information for Shareholder Queries
Shareholders with queries may reach out through the following channels:
| Contact: | Details |
|---|---|
| Registrar & Share Transfer Agent: | M/s. MUFG Intime India Private Limited, "Surya" 35, Mayflower Avenue, Behind Senthil Nagar, Sowripalayam Road, Coimbatore – 641028 |
| RTA Phone: | 0422-4958995, 2539835-836 |
| RTA Email: | investor.helpdesk@in.mpms.mufg.com |
| Bank – Investor Relations Cell: | No. 20, Erode Road, Vadivel Nagar, L.N.S., Karur – 639002 |
| Bank Phone: | 04324-269441 |
| Bank Email: | kvbiepf@kvbmail.com |
The notice was signed by Srinivasarao Maddirala, Company Secretary and Compliance Officer of Karur Vysya Bank, and is dated May 12, 2026. A list of affected shareholders is available on the bank's website at https://www.kvb.bank.in/investor-corner/iepf-unclaimed-dividends/index.html .
Historical Stock Returns for Karur Vysya Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.12% | -4.62% | +6.61% | +19.81% | +61.52% | +545.48% |
How might the volume of shares transferred to IEPF from Karur Vysya Bank impact the bank's shareholder composition and governance dynamics going forward?
What systemic improvements could Indian banks implement to proactively reduce unclaimed dividend accumulation before the seven-year IEPF transfer threshold is reached?
How effective has the IEPF reclaim process historically been for shareholders of mid-sized Indian banks, and what barriers might prevent affected Karur Vysya Bank shareholders from successfully recovering their assets?


































