Poddar Pigments to transfer unclaimed shares to IEPF Authority
Poddar Pigments Limited announced that shares with unclaimed dividends for 7+ years will be transferred to the IEPF Authority by October 26, 2026. Shareholders must claim outstanding dividends by this date to prevent the transfer of their holdings to the fund.

*this image is generated using AI for illustrative purposes only.
Poddar Pigments Limited has informed shareholders that equity shares with unclaimed dividends for seven consecutive years or more will be transferred to the Investor Education and Protection Fund (IEPF) Authority. The company stated that shares meeting these criteria are liable to be transferred pursuant to Section 124 of the Companies Act, 2013, and the IEPF Rules, 2016.
The company has already dispatched individual notices to affected shareholders at their registered addresses, providing details of the unclaimed dividends. Shareholders have been advised to claim these amounts by Monday, October 26, 2026, to avoid the transfer of their shares to the Demat Account of the IEPF Authority. A statement containing the names and folio numbers of the shareholders whose shares are liable for transfer is available on the company's website.
If no valid claim is received by the specified deadline, the equity shares will be transferred to the IEPF Authority. For shares held in physical form, new share certificates will be issued for dematerialisation and transfer, rendering the original certificates non-negotiable. For shares held in electronic form, the company will inform the depositories to effect the transfer via corporate action.
Following the transfer, shareholders will not be able to claim the unclaimed dividends or shares from the company. However, they may claim the equity shares and dividends from the IEPF Authority by following the procedure outlined on the IEPF website. The company has designated Rajeev Kumar, Company Secretary, as the signatory for the notice.
| Detail | Information |
|---|---|
| Regulation | Section 124 of the Companies Act, 2013 & IEPF Rules, 2016 |
| Claim Deadline | October 26, 2026 |
| Unclaimed Dividend Period | 7 consecutive years or more |
| Company Website | www.poddarpigmentsltd.com |
| IEPF Website | www.iepf.gov.in |
Historical Stock Returns for Poddar Pigments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.62% | +8.39% | -1.64% | +1.23% | -14.90% | +11.28% |
What impact will the transfer of these unclaimed shares to the IEPF Authority have on Poddar Pigments' shareholder distribution and floating stock?
How might the deadline extension to 2026 affect the urgency for shareholders to claim their dividends, and what outreach strategies could the company employ?
Could the transfer of shares to the IEPF Authority influence investor confidence in Poddar Pigments' governance practices?


































