South Indian Bank Notifies Transfer of Equity Shares to IEPF; Shareholders Must Claim by August 14, 2026

3 min read     Updated on 13 May 2026, 05:07 PM
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AI Summary

South Indian Bank has issued a public notice announcing the transfer of equity shares with unclaimed dividends for seven consecutive years from 2018-19 to the IEPF Authority, as required under the IEPF Authority Rules, 2016. Affected shareholders must submit valid claims to the bank's Registrar or Registered Office on or before August 14, 2026, to avoid transfer of their shares. Shares relating to dividend years 2010-11 through 2017-18 have already been transferred to the IEPF Authority's Demat account. Shareholders whose shares have been transferred may reclaim them by filing Form IEPF-5 online and submitting the physical copy with requisite documents to the company's Nodal Officer.

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The South Indian Bank Ltd. has published a statutory notice in the Financial Express (All Editions) and Deepika (All Kerala Edition) dated May 13, 2026, intimating shareholders about the impending transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. The notice has been issued pursuant to Regulation 30 & 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the applicable provisions of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, effective from September 07, 2016, and subsequent amendments thereto.

Regulatory Basis for IEPF Transfer

Under the Rules notified by the Ministry of Corporate Affairs, unpaid or unclaimed dividends are required to be transferred to the IEPF, along with the underlying equity shares in respect of which dividends have remained unclaimed or unpaid for seven consecutive years or more. Accordingly, all equity shares of South Indian Bank in respect of which dividends have not been claimed or paid for seven consecutive years from 2018-19 are liable to be transferred to the IEPF Authority.

Key Details and Shareholder Action Required

The bank has communicated individually with concerned shareholders at their registered addresses, providing details of unclaimed dividends for the seven consecutive years and the equity shares liable for transfer. A detailed statement containing shareholder name, address, folio number or Demat account number, and number of shares due for transfer is available on the bank's website.

Parameter: Details
Dividend Years Covered: 2018-19 onwards (7 consecutive years)
Claim Deadline: August 14, 2026
Registrar & Share Transfer Agent: M/s MUFG Intime India Private Limited
RTA Address: Surya 35, Mayflower Avenue, Behind Senthil Nagar, Sowripalayam Road, Coimbatore - 641028
RTA Contact: Tel: 0422-2314792; Email: investor.helpdesk@in.mpms.mufg.com
Bank Registered Office: Secretarial Department, "SIB House", T.B. Road, Mission Quarters, Thrissur - 680 001, Kerala
Bank Contact: Phone: 0487-2429333, 2420020 (Extn: 572); Fax: 0487-2424760; Email: ho2006@sib.bank.in
Website (Shareholder List): www.southindianbank.bank.in → Investors Desk → Shareholders Information → List of Shareholders w.r.t. transfer of unclaimed shares to IEPF

Shareholders who have not claimed dividends from 2018-19 onwards are advised to submit their claims to the Registrar and Share Transfer Agent or the bank's Registered Office on or before August 14, 2026. If no valid claim is received by this date, the bank will proceed to transfer the shares to the Demat account of the IEPF Authority.

Prior Transfers Already Completed

The bank has confirmed that equity shares of shareholders who did not claim dividends for a consecutive period of seven years covering the years 2010-11, 2011-12, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, and 2017-18 have already been transferred to the Demat account of the IEPF Authority.

Process for Physical and Demat Shareholders

Shareholders holding shares in physical form whose shares are liable for transfer should note that the bank will inform the depository via corporate action to convert share certificates into Demat form for transfer to the IEPF. Upon such transfer, the original share certificates will be deemed cancelled and non-negotiable. For shareholders holding shares in Demat form, the bank will similarly inform the depository via corporate action to transfer the shares to the IEPF Authority's Demat account.

Reclaim Process from IEPF

Shareholders whose shares and unclaimed dividends—including all benefits accruing on such shares—have been transferred to the IEPF Authority may reclaim them by:

  • Filing an online application in the prescribed Form IEPF-5
  • Sending a physical copy of the duly signed form (as per specimen signature recorded with the company) along with requisite original documents to the Nodal Officer of the company

The bank has clarified that details uploaded on its website shall be deemed adequate notice for the purpose of transfer of shares to IEPF, and no claim shall lie against the company in respect of unclaimed dividend amounts and equity shares transferred to the IEPF. The notice has been signed by Jimmy Mathew, Company Secretary, South Indian Bank Ltd., dated May 12, 2026, from Thrissur.

Historical Stock Returns for South Indian Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.44%-9.14%+0.81%+0.89%+46.12%+282.67%

How many shares and what total value is South Indian Bank expected to transfer to IEPF by the August 14, 2026 deadline, and how does this compare to previous transfer cycles?

Could the increasing volume of IEPF transfers at South Indian Bank signal broader concerns about shareholder engagement and investor awareness in regional banking stocks?

How might the transfer of a significant block of shares to the IEPF Authority impact South Indian Bank's free float, liquidity, and institutional ownership structure?

South Indian Bank Opens Special Window for Transfer and Dematerialisation of Physical Securities

1 min read     Updated on 09 May 2026, 10:01 AM
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South Indian Bank Ltd. has announced a one-year special window (February 05, 2026 to February 04, 2027) for the transfer and dematerialisation of physical securities sold or purchased prior to April 01, 2019, in compliance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026. The window also covers previously rejected or unattended transfer requests, with all transfers processed in demat mode and subject to a one-year lock-in. Shareholders can submit documents to RTA MUFG Intime India Pvt. Ltd. in Coimbatore or contact the Bank directly.

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The South Indian Bank Ltd. has published newspaper advertisements in the Financial Express All India Edition (English) and Deepika Thrissur Edition (Malayalam), dated May 08, 2026, notifying shareholders about the launch of a special window for the transfer and dematerialisation of physical securities. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Special Window for Physical Securities: Key Details

The special window has been opened in accordance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The window specifically addresses physical securities that were sold or purchased prior to April 01, 2019. The following table summarises the key parameters of the special window:

Parameter: Details
SEBI Circular Reference: HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026
Window Open Date: February 05, 2026
Window Close Date: February 04, 2027
Duration: One year
Eligible Securities: Physical securities sold/purchased prior to April 01, 2019
Processing Mode: Demat mode only
Lock-in Period: One year from the date of registration of transfer
Earlier Cut-off Date (Re-lodgement): January 06, 2026

Scope and Eligibility

The special window is also available for transfer requests that were previously submitted but were rejected, returned, or not attended to due to deficiencies in documents, process, or otherwise. Shareholders who missed the earlier deadline of January 06, 2026 — the cut-off date for re-lodgement of transfer deeds — are encouraged to utilise this opportunity by furnishing the necessary documents.

How Shareholders Can Submit Documents

Shareholders seeking to avail of this facility may approach the Bank's Registrar to an Issue and Share Transfer Agent (RTA) with the required documentation. The relevant contact details are as follows:

  • RTA Name: MUFG Intime India Pvt. Ltd.
  • Address: Surya 35, Mayflower Avenue, Behind Central Nagar, Sowripalayam Road, Coimbatore – 641 028
  • Email: investor.helpdesk@in.mpmf.com
  • Contact Number: 0422-2314792
  • Bank Email (for further assistance): ho2006@sib.bank.in

Regulatory Compliance and Disclosure

The communication was signed by Jimmy Mathew, Company Secretary of South Indian Bank, and dated May 08, 2026, from Thrissur. The advertisement was published as part of the Bank's obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has also been hosted on the Bank's official website at www.southindianbank.bank.in .

Historical Stock Returns for South Indian Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.44%-9.14%+0.81%+0.89%+46.12%+282.67%

How many South Indian Bank shareholders are estimated to still hold physical securities eligible for this special window, and what is the total value of unclaimed or untransferred shares?

What penalties or restrictions might shareholders face if they fail to dematerialize their physical securities before the February 04, 2027 deadline?

Could the one-year lock-in period imposed after transfer registration deter shareholders from utilizing the special window, and how might this impact trading volumes in South Indian Bank shares?

More News on South Indian Bank

1 Year Returns:+46.12%