Ratnamani Metals & Tubes Issues Notice for Transfer of Unclaimed Dividend Shares to IEPF Authority

2 min read     Updated on 02 May 2026, 07:03 PM
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Ratnamani Metals & Tubes Limited has formally notified BSE and NSE about publishing newspaper advertisements for transferring unclaimed dividend shares to IEPF Authority. The company filed regulatory communication on May 1, 2026, giving shareholders until August 31, 2026 to claim their dividends before mandatory transfer under Companies Act provisions.

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Ratnamani Metals & Tubes Limited has issued a comprehensive notice to shareholders regarding the mandatory transfer of unclaimed dividend shares to the Investor Education and Protection Fund Authority. The company has formally communicated to both BSE Limited and National Stock Exchange of India Limited about the publication of newspaper notice for IEPF transfer procedures.

Regulatory Filing and Communication

The company filed its regulatory communication on May 1, 2026, addressing both stock exchanges under reference number RMTL/SEC/IEPF/BASE YEAR 2018-19/2026-27. The filing was signed by Company Secretary & Compliance Officer Anil Maloo and submitted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Filing Details: Information
Reference Number: RMTL/SEC/IEPF/BASE YEAR 2018-19/2026-27
Filing Date: May 1, 2026
Authorized Signatory: Anil Maloo, Company Secretary
Digital Signature Time: May 1, 2026 at 16:38:55 +05'30'

Legal Framework and Compliance

The company's action stems from Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Under these provisions, companies must transfer unpaid dividends and corresponding shares to the IEPF Authority after the specified period of seven consecutive years.

Publication and Communication Timeline

The company has undertaken several steps to inform affected shareholders through multiple channels:

Communication Method: Details
Individual Shareholder Communication: April 21, 2026
Newspaper Publication: May 1, 2026
Publication Medium: Financial Express (English and Gujarati editions)
Stock Exchange Filing: May 1, 2026
Company Website: www.ratnamani.com

Critical Deadline for Shareholders

Shareholders must claim their unclaimed dividend amounts on or before August 31, 2026. After this deadline, the company will transfer the dividend amounts and corresponding shares to the IEPF Authority without any further communication or liability on the company's part.

Share Certificate and Transfer Procedures

For shareholders holding physical shares, the company will issue duplicate share certificates to facilitate the transfer process. The original certificates held by shareholders will be automatically cancelled and deemed non-negotiable once the transfer occurs. For shareholders with dematerialized holdings, the company will coordinate with depositories to transfer shares to the IEPF Authority's demat account.

Recovery Process from IEPF Authority

Shareholders who miss the deadline can still recover their dividends and shares from the IEPF Authority by filing Form IEPF-5 online through the prescribed web-based application, submitting required documents along with specimen signatures recorded with the company, and following the IEPF Authority's prescribed procedures for claim processing.

The notice emphasizes that no claims will be entertained against the company once the transfer to IEPF Authority is completed, making it crucial for eligible shareholders to act before the specified deadline.

Historical Stock Returns for Ratnamani Metals & Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
+2.46%+10.17%+23.08%+12.11%+0.95%+110.19%

How might the IEPF transfer impact Ratnamani Metals' shareholder base and voting dynamics in upcoming corporate decisions?

What measures could Ratnamani implement to improve dividend claim rates and reduce future IEPF transfers?

Will the transfer of unclaimed shares to IEPF Authority affect the company's market capitalization or trading liquidity?

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Ratnamani Metals & Tubes Announces Second Special Window for Share Transfer and KYC Campaign

2 min read     Updated on 06 Apr 2026, 03:12 PM
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Ratnamani Metals & Tubes Limited has announced two key shareholder initiatives through newspaper advertisements published on April 6, 2026. The company has opened a second special window from February 05, 2026 to February 04, 2027 for transfer and dematerialization of physical shares sold or purchased prior to April 01, 2019. Additionally, a second 100 days "Saksham Niveshak" campaign runs from April 1, 2026 to July 9, 2026, focusing on KYC updation and preventing transfer of unclaimed dividends to IEPF. Both initiatives aim to help shareholders comply with regulatory requirements and protect their investments.

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Ratnamani Metals & Tubes Limited has published newspaper advertisements on April 6, 2026, informing shareholders about two significant regulatory initiatives designed to facilitate share transfers and prevent loss of unclaimed dividends.

Second Special Window for Physical Share Transfer

Pursuant to SEBI Circular No. HO/38/12/11(2026)-MIRSD-Pod/3750/2026 dated January 30, 2026, the company has opened a second special window for transfer and dematerialization of physical shares. This window operates from February 05, 2026 to February 04, 2027, specifically targeting shares sold or purchased prior to April 01, 2019.

Parameter: Details
Window Period: February 05, 2026 to February 04, 2027
Applicable Shares: Sold/purchased before April 01, 2019
Transfer Mode: Demat only
Lock-in Period: One year from transfer registration

The special window covers shares that were lodged for transfer before April 01, 2019 but were rejected, returned, or not processed due to document deficiencies. Eligible investors must provide transfer deeds executed before April 01, 2019 along with original share certificates to the company's Registrar and Transfer Agent.

Eligibility Criteria

The company has provided a clear matrix for determining eligibility:

Execution Date: Lodged Before April 01, 2019: Original Certificate Available: Eligible:
Before April 01, 2019 No (fresh lodgement) Yes
Before April 01, 2019 Yes (rejected/returned earlier) Yes
Before April 01, 2019 No No

Transferred shares will be subject to a one-year lock-in period and cannot be transferred, lien-marked, or pledged during this period. Cases involving disputes between transferors and transferees, or shares already transferred to IEPF, are not eligible for this window.

Second 100 Days "Saksham Niveshak" Campaign

Following communication from the Investor Education and Protection Fund Authority (IEPA), Ministry of Corporate Affairs dated March 27, 2026, the company has launched a second 100 days campaign called "Saksham Niveshak."

Campaign Details: Information
Duration: April 1, 2026 to July 9, 2026
Focus: KYC updation and unclaimed dividends
Target: Shareholders with unclaimed dividends
Objective: Prevent IEPF transfer

This campaign specifically targets shareholders whose dividends have remained unclaimed, emphasizing the importance of KYC updation to ensure swift processing of dividend claims directly to bank accounts.

Registrar and Transfer Agent Details

Shareholders can contact the company's Registrar and Transfer Agent for both initiatives:

MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)

  • Address: 5th Floor, 506 to 508, Amanat Business Centre - 1 (AB-1), Besides Gala Business Centre, Nr. St. Xavier's College Corner, Off C. G. Road, Navrangpura, Ahmedabad - 380 009
  • Phone: 079-2645179/85/87
  • Email: investor.helpdesk@mufigs.mufg.com

Shareholders holding shares in demat mode should approach their respective Depository Participant (DP) for KYC and bank mandate updates before contacting the RTA for claiming unpaid dividends.

Regulatory Compliance

Both initiatives demonstrate the company's commitment to regulatory compliance and shareholder service. The special window addresses SEBI requirements for physical share transfers, while the Saksham Niveshak campaign aligns with MCA directives to protect investor interests and prevent automatic transfer of unclaimed amounts to IEPF.

The advertisements were published in Financial Express English and Gujarati editions on April 6, 2026, with complete details available on the company's website at www.ratnamani.com . Company Secretary and Compliance Officer Anil Maloo signed the regulatory communication to stock exchanges.

Historical Stock Returns for Ratnamani Metals & Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
+2.46%+10.17%+23.08%+12.11%+0.95%+110.19%

Will SEBI extend the special window beyond February 2027 if there's significant pending demand for physical share transfers?

How might the one-year lock-in period for transferred shares impact Ratnamani's stock liquidity and trading volumes?

Could other listed companies face similar regulatory pressure to launch multiple special windows for unprocessed share transfers?

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