Rajapalayam Mills Limited to Transfer Unclaimed Dividend Shares to IEPF Authority
Rajapalayam Mills Limited has announced its intention to transfer equity shares with unclaimed dividends for seven consecutive years or more to the Investor Education and Protection Fund (IEPF) Authority, in compliance with Section 124(6) of the Companies Act, 2013. The company has already sent individual notices through registered post to affected shareholders, advising them to claim their dividends expeditiously. The detailed statement of shareholders and shares due for transfer is available on the company's website. If no valid claim is received by 25 July 2026, the shares will be transferred to the IEPF Authority on or before 12 September 2026. Shareholders can still reclaim their shares from the IEPF Authority through an online application process.

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Rajapalayam Mills Limited has issued a notice regarding the transfer of equity shares with unclaimed dividends to the Investor Education and Protection Fund (IEPF) Authority. The company, in accordance with Section 124(6) of the Companies Act, 2013, is required to transfer shares in respect of which dividends have not been paid or claimed for seven consecutive years or more to the IEPF Authority. The Government of India has notified the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, which detail the procedure for such transfers.
The company has sent individual notices through registered post to shareholders whose dividends remain unclaimed for the last seven consecutive years or more, advising them to claim the dividend at the earliest. In terms of Rule 6(3) of the Rules, the statement containing details of shareholders and shares due for transfer is available on the company's website for information and necessary action.
Key Dates and Compliance Timeline
| Event | Date |
|---|---|
| Last date for dividend claim | 25 July 2026 |
| Transfer of shares to IEPF Authority | On or before 12 September 2026 |
In case no valid claim is received for the dividend on or before 25 July 2026, the equity shares in respect of such unclaimed dividend will be transferred to the IEPF Authority in accordance with the Rules. The transfer is scheduled to be completed on or before 12 September 2026.
Shareholder Rights and Recovery Process
Even if the shares are transferred to the IEPF Authority, shareholders retain the right to claim their shares by making an online application to the IEPF Authority. The procedure for claiming shares is available at www.iepf.gov.in and on the company's website www.rajapalayammills.co.in . The necessary application form can be accessed at www.mca.gov.in .
The notice, dated 25 April 2026, was issued by K. Maheswaran, Secretary of Rajapalayam Mills Limited, from the company's registered office at Rajapalayam Mills Premises, P.A.C. Ramasamy Raja Salai, Post Box No. 1, Rajapalayam, Tamil Nadu. The company's Corporate Identification Number (CIN) is L17111TN1936PLC002298.
Historical Stock Returns for Rajapalayam Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.04% | +2.33% | +2.40% | +2.40% | +2.40% | +2.40% |
How might this IEPF transfer impact Rajapalayam Mills' shareholding pattern and voting dynamics in upcoming board decisions?
What does the significant number of unclaimed dividends suggest about the company's investor engagement and communication effectiveness over the past seven years?
Could this mandatory transfer create opportunities for institutional investors to increase their stake through the IEPF recovery process?


































