Prithvi Exchange (India) Limited Issues IEPF Notice for Unclaimed Dividends and Share Transfer

1 min read     Updated on 08 Apr 2026, 04:21 AM
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Prithvi Exchange (India) Limited published newspaper advertisements on April 07, 2026, notifying shareholders about unclaimed dividends for FY 2018-19 to FY 2025-26 and potential equity share transfers to IEPF Authority during FY 2026-27. The disclosure, signed by Managing Director Pavan Kumar Kavad, complies with Regulation 30 of SEBI regulations. Dividends from FY 2018-2019 will be transferred to IEPF on 29th June, 2026, with shareholders having until 15th June 2026 to claim them.

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Prithvi exchange (India) Limited has issued a comprehensive notice to shareholders regarding unclaimed dividends and the mandatory transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. The company published newspaper advertisements on April 07, 2026, in compliance with regulatory requirements under the Companies Act, 2013 and SEBI regulations.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Pavan Kumar Kavad (DIN: 07095542) signed the communication addressed to BSE Limited, where the company trades under scrip code 531688.

Parameter: Details
Communication Date: April 07, 2026
Regulatory Framework: Companies Act, 2013 & IEPF Rules, 2016
Stock Exchange: BSE Limited
Scrip Code: 531688

Unclaimed Dividend Transfer Timeline

The notice specifically addresses dividends declared for FY 2018-2019, which have remained unclaimed for seven consecutive years. These dividends are scheduled for transfer to the IEPF Authority on 29th June, 2026, along with the corresponding equity shares.

Timeline: Date
Dividend Year: FY 2018-2019
Last Claim Date: 15th June 2026
IEPF Transfer Date: 29th June, 2026
Unclaimed Period: Seven consecutive years

Share Transfer Process

The company outlined the transfer mechanism for both physical and dematerialized shares. For physical shares, new certificates will be issued in favor of IEPF, rendering original certificates cancelled and non-negotiable. For demat shares, the company will coordinate with depositories to execute corporate action and transfer shares to IEPF.

Shareholder Recovery Process

Shareholders can reclaim transferred dividends and shares from IEPF by submitting Form IEPF-5 online along with requisite documents. The company has appointed Integrated Registry Management Services Private Limited as its Registrar and Share Transfer Agent, located at Kences Towers, T Nagar, Chennai.

Company Information

Prithvi Exchange (India) Limited operates in foreign exchange services, offering forex cards and remittance services. The company is headquartered at Gee Gee Universal, Chetpet, Chennai, with CIN: L30006TN1995PLC031931.

Historical Stock Returns for Prithvi Exchange

1 Day5 Days1 Month6 Months1 Year5 Years
+1.05%+10.37%-1.32%-6.25%-19.53%+567.97%

How might the transfer of unclaimed shares to IEPF affect Prithvi Exchange's shareholding pattern and voting dynamics?

What impact could this IEPF transfer have on the company's stock liquidity and trading volumes on BSE?

Will Prithvi Exchange implement new shareholder communication strategies to prevent future dividend claims from going unclaimed?

Prithvi Exchange (India) Limited Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 03 Apr 2026, 03:07 PM
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Prithvi Exchange (India) Limited submitted its quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26 ended March 31, 2026, to BSE Limited on April 03, 2026. The submission included confirmation from RTA Integrated Registry Management Services Private Limited validating proper dematerialization processes. The certificate confirms all securities received for dematerialization were processed within regulatory time limits and proper procedures were followed for mutilation, cancellation, and record-keeping as required under SEBI regulations.

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Prithvi Exchange (India) Limited has fulfilled its quarterly regulatory obligations by submitting the mandatory compliance certificate under SEBI regulations for the fourth quarter of fiscal year 2026. The submission demonstrates the company's adherence to depositories and participants regulations governing dematerialization processes.

Regulatory Compliance Submission

On April 03, 2026, Prithvi Exchange (India) Limited submitted its Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 to BSE Limited. The certificate covers the fourth quarter ended March 31, 2026, and was signed by Managing Director Pavan Kumar Kavad (DIN: 07095542).

Parameter: Details
Submission Date: April 03, 2026
Quarter Covered: Q4 FY26 (ended March 31, 2026)
Regulation: SEBI Regulation 74(5)
Authorized Signatory: Pavan Kumar Kavad, Managing Director
BSE Scrip Code: 531688

RTA Confirmation Certificate

The submission included a confirmation certificate from Integrated Registry Management Services Private Limited, which serves as the company's Registrar to an Issue and Share Transfer Agent (RTA). The RTA confirmed that all securities received from Depository Participants for dematerialization during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories and stock exchanges where the securities are listed.

The RTA certificate validates several key compliance aspects:

  • Securities received for dematerialization were confirmed (accepted/rejected) to depositories and stock exchanges
  • Security certificates received for dematerialization were mutilated and cancelled after due verification
  • Names of depositories were substituted in the register of members as registered owners
  • All processes were completed within stipulated time limits under the regulation

Regulatory Framework

Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 mandates quarterly compliance reporting for companies regarding their dematerialization processes. This regulation ensures transparency and proper record-keeping in the conversion of physical securities to electronic form, protecting investor interests and maintaining market integrity.

Communication Protocol

The certificate was formally submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, with copies sent to both major depositories - National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). This comprehensive communication ensures all relevant regulatory bodies are informed of the company's compliance status.

The submission reflects Prithvi Exchange (India) Limited's commitment to maintaining regulatory compliance and transparent corporate governance practices in accordance with SEBI guidelines for depositories and participants.

Historical Stock Returns for Prithvi Exchange

1 Day5 Days1 Month6 Months1 Year5 Years
+1.05%+10.37%-1.32%-6.25%-19.53%+567.97%

How might SEBI's increasing focus on dematerialization compliance affect smaller listed companies' operational costs in FY27?

Will Prithvi Exchange's consistent regulatory compliance position it favorably for potential institutional investor interest?

Could enhanced digitalization requirements lead to consolidation among smaller RTAs like Integrated Registry Management Services?

More News on Prithvi Exchange

1 Year Returns:-19.53%