Polychem Limited has announced its intention to transfer equity shares to the Investor Education and Protection Fund (IEPF) Authority in accordance with Section 124(6) of the Companies Act, 2013. The company has identified shareholders who have not encashed dividend warrants for seven consecutive years, starting from the unpaid dividend for the year 2018-19. Consequently, these shares are liable to be transferred to the IEPF, a fund constituted by the Government of India.

The company has uploaded the full details of affected shareholders on its website. Shareholders have been advised to verify their details regarding unclaimed dividends and shares liable for transfer. To facilitate the recovery of funds, the company requests shareholders to update their bank account details for electronic credit of future dividends. Those holding shares in physical form must send a request letter with bank details and a cancelled cheque, while demat holders must update details with their depository participant.

Shareholders wishing to claim the unpaid dividend or seek clarification must contact the Registrar and Transfer Agent (RTA), MUFG Intime India Pvt. Ltd. The deadline to claim the unpaid dividend is August 10, 2026. Failure to claim the dues by this date will result in the company proceeding to transfer the liable dividend and equity shares to the IEPF Authority without further notice.

Once the shares are transferred to the IEPF, no claim will lie against the company. However, shareholders may subsequently claim the dividend and shares from the IEPF Authorities by filing e-form IEPF-5. The company emphasized that claims must be made promptly to avoid the transfer of assets.

Polychem Limited has re-appointed M/s S.K Lotlikar & Co. as its Internal Auditor for the financial year 2026-27. The disclosure was made to the Bombay Stock Exchange on May 21, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The re-appointment follows the outcome of the board meeting held on May 21, 2026. M/s S.K Lotlikar & Co., a registered partnership firm established in 1997 and based in Andheri, Mumbai, will continue to serve in this capacity.

Auditor Profile

The firm is engaged in activities related to audit and accountancy. Its services include consultancy in tax matters, corporate law, secretarial compliances, FEMA, and management audits covering a wide range of sub-activities related to the profession.

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