Prithvi Exchange (India) Limited Issues Notice on Transfer of Unclaimed Fractional Bonus Share Amounts to IEPFA
Prithvi Exchange (India) Limited has notified equity shareholders that unclaimed fractional bonus share amounts from FY 2018-19 will be transferred to the Investor Education and Protection Fund Authority (IEPFA) on August 5, 2026. Shareholders are urged to verify their details on the company website and claim their entitlements before the deadline. Shares not claimed by August 5, 2026 will be transferred to IEPFA without further notice, in accordance with Section 124 of the Companies Act, 2013 and the IEPF Authority Rules, 2016. Shareholders may subsequently reclaim transferred amounts from IEPFA by filing Form IEPF-5 online.

*this image is generated using AI for illustrative purposes only.
Prithvi Exchange (India) Limited , a Chennai-based foreign exchange and remittance services company, has issued a formal public notice to its equity shareholders regarding the impending transfer of unclaimed fractional bonus share amounts to the Investor Education and Protection Fund Authority (IEPFA). The notice, dated May 4, 2026, was published in compliance with Section 124 of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended.
Background and Regulatory Context
Pursuant to the applicable provisions of the Companies Act, 2013, and the IEPF Authority Rules, 2016, fractional amounts arising from the bonus issue declared and issued for the financial year 2018-19, which have remained unclaimed for a period of seven consecutive years, are now due for transfer to the IEPFA. In addition to the fractional amounts, the corresponding equity shares will also be transferred to IEPFA as per the procedure set out in the rules.
The key details of the notice are summarised below:
| Parameter: | Details |
|---|---|
| Company Name: | Prithvi Exchange (India) Limited |
| CIN: | L30006TN1995PLC031931 |
| Bonus Issue Period: | FY 2018-19 |
| Transfer Deadline: | August 5, 2026 |
| Transferee Authority: | Investor Education and Protection Fund Authority (IEPFA) |
| Claim Form (if transferred): | IEPF-5 (online application) |
| RTA Contact: | Integrated Registry Management Services Private Limited, Chennai |
Action Required by Shareholders
Shareholders whose fractional bonus share amounts remain unclaimed are requested to take the following steps before the deadline of August 5, 2026:
- Verify details of shares liable to be transferred on the company's website: www.prithvifx.com
- Claim the fractional amount in lieu of the bonus issue before August 5, 2026
- Contact the Company's Registrar and Share Transfer Agent (RTA) — Integrated Registry Management Services Private Limited — for queries, at II Floor, "Kencas Towers", No.1 Ramakrishna Street, North Usman Road, T Nagar, Chennai - 600 017; Phone: 044 - 28140801 - 803; Fax: 044 - 28142479; Email: einward@integratedindia.in
Transfer Procedure for Physical and Demat Shareholders
The company has outlined the transfer procedure separately for shareholders holding shares in physical and demat form:
- Physical form: New share certificate(s) in lieu of the original share certificate(s) will be issued and transferred in favour of IEPFA on completion of necessary formalities. The original share certificate(s) registered in the name of the shareholder(s) will be deemed cancelled and non-negotiable.
- Demat form: The company shall inform the Depositories to execute the corporate action and debit the shares lying in the demat account of the shareholder(s), transferring such shares in favour of IEPFA.
Reclaiming Transferred Amounts
Shareholders should note that no claim shall lie against Prithvi Exchange (India) Limited in respect of unclaimed dividend and shares transferred to the IEPF/IEPFA account. However, both the unclaimed dividend and shares transferred to IEPF/IEPFA can be reclaimed by shareholders from IEPFA by making an application in the prescribed Form IEPF-5 online and sending the physical copy, duly signed as per the specimen signature recorded with the Company or RTA, along with requisite documents, to the Company's registered office at Gee Gee Universal, 2nd Floor, Door No. 2, McNichols Road, Chetpet, Chennai - 600 031, Tamil Nadu.
The notice has been signed by Pavan Kumar Kavadi, Managing Director (DIN: 07095542), on behalf of the Board of Prithvi Exchange (India) Limited, and was issued from Chennai on May 4, 2026.
Historical Stock Returns for Prithvi Exchange
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.65% | -0.89% | +8.65% | -4.50% | -35.52% | +541.18% |
How might the transfer of unclaimed fractional bonus shares to IEPFA impact Prithvi Exchange's shareholder base and future corporate governance practices?
What broader trends in investor awareness and share reclamation rates from IEPFA can be expected as more companies approach similar seven-year transfer deadlines?
Could the IEPF-5 reclaim process become more streamlined or digitized in the future to improve shareholder recovery rates for transferred assets?


































