Poddar Pigments to transfer unclaimed shares to IEPF Authority

1 min read     Updated on 09 Jun 2026, 02:53 PM
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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.

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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 Day5 Days1 Month6 Months1 Year5 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?

Poddar Pigments FY26: Net Profit ₹1,476 Lakh, Dividend ₹4

3 min read     Updated on 19 May 2026, 12:15 PM
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Poddar Pigments reported a net profit of ₹1,475.94 lakh for FY26, a decline from ₹2,281.80 lakh in the previous year, on total income from operations of ₹38,170.64 lakh. The board recommended a final dividend of ₹4 per share, subject to shareholder approval, and commissioned a 3.51 MWp Solar Power Plant in January 2026.

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Poddar Pigments Limited held its Board of Directors meeting on May 15, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The board also recommended a final dividend for FY2025-26. The results were audited by M/s. K.N. Gutgutia & Co., Chartered Accountants, Statutory Auditors of the Company, who issued an audit report with an unmodified opinion. The declaration to this effect was made by Yug Mahesshwari, Chief Financial Officer, in accordance with Regulation 33(3)(d) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Financial Performance: Quarter and Year Ended March 31, 2026

The company reported total income from operations of ₹38,170.64 lakh for the full year ended March 31, 2026, compared to ₹37,546.97 lakh in the previous year. Net profit after tax for the year stood at ₹1,475.94 lakh, against ₹2,281.80 lakh in the prior year. Profit before tax for the full year was ₹2,004.33 lakh, compared to ₹3,034.94 lakh previously. The following table summarises the key financial metrics:

Metric: Q4 FY26 (Audited) Q3 FY26 (Unaudited) Q4 FY25 (Audited) FY26 (Audited) FY25 (Audited)
Total Income from Operations (₹ lakh): 10,405.88 9,198.39 8,857.69 38,170.64 37,546.97
Profit Before Tax (₹ lakh): 475.51 405.74 615.41 2,004.33 3,034.94
Net Profit After Tax (₹ lakh): 474.36 225.37 514.06 1,475.94 2,281.80
Total Comprehensive Income (₹ lakh): (1,249.81) (391.51) 6.44 (902.17) 1,925.63
Basic EPS (₹): 4.47 2.12 4.85 13.91 21.51
Diluted EPS (₹): 4.47 2.12 4.85 13.91 21.51

Balance Sheet Highlights

As at March 31, 2026, the company's total assets stood at ₹41,198.92 lakh, compared to ₹41,356.70 lakh as at March 31, 2025. Total equity was ₹35,062.24 lakh, comprising equity share capital of ₹1,061.00 lakh and other equity of ₹34,001.24 lakh. Key balance sheet figures are presented below:

Particulars: As at 31-Mar-26 (₹ lakh) As at 31-Mar-25 (₹ lakh)
Total Non-Current Assets: 22,212.23 22,721.65
Total Current Assets: 18,986.69 18,635.05
Total Assets: 41,198.92 41,356.70
Equity Share Capital: 1,061.00 1,061.00
Other Equity: 34,001.24 35,280.00
Total Equity: 35,062.24 36,341.00
Total Non-Current Liabilities: 1,334.45 1,386.19
Total Current Liabilities: 4,802.23 3,629.51
Total Equity and Liabilities: 41,198.92 41,356.70

Cash Flow Summary

For the year ended March 31, 2026, Poddar Pigments generated net cash flows from operating activities of ₹5,516.64 lakh, compared to ₹1,221.78 lakh in the previous year. Net cash used in investing activities was ₹4,100.85 lakh, primarily on account of purchase of property, plant and equipment amounting to ₹3,176.43 lakh. Net cash used in financing activities was ₹1,151.76 lakh, which included dividends paid to equity holders of ₹424.40 lakh and repayment of short-term borrowings of ₹612.71 lakh. Cash and cash equivalents at the year end stood at ₹349.17 lakh, against ₹85.15 lakh at the beginning of the year.

Dividend and Key Corporate Developments

The board recommended a final dividend at the rate of 40%, i.e., ₹4/- per equity share of ₹10/- each for the financial year ended March 31, 2026, subject to the approval of shareholders at the ensuing 35th Annual General Meeting. The total outgo on this account will be ₹424.40 lakh. The book closure date has been fixed at 7 days before the date of the 35th Annual General Meeting. Additionally, the company successfully commissioned a Solar Power Plant of 3.51 MWp (3510 KWp) on January 23, 2026, at Village Sangarh, District Jaisalmer, Rajasthan. The company operates in a single reportable business segment, namely Master Batches. The audited results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 15, 2026.

Historical Stock Returns for Poddar Pigments

1 Day5 Days1 Month6 Months1 Year5 Years
+4.62%+8.39%-1.64%+1.23%-14.90%+11.28%

How will the 3.51 MWp solar plant in Rajasthan impact Poddar Pigments' energy costs and margins in FY2026-27, and are there plans to expand renewable energy capacity further?

Given the significant decline in net profit from ₹2,281.80 lakh to ₹1,475.94 lakh despite relatively stable revenues, what specific cost pressures or margin headwinds could persist into FY2026-27?

With total comprehensive income turning deeply negative at ₹(902.17) lakh, largely driven by other comprehensive income losses, what underlying factors such as actuarial losses or investment write-downs could continue to weigh on shareholder equity?

More News on Poddar Pigments

1 Year Returns:-14.90%