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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































