Syngene International has issued a formal reminder to shareholders regarding unclaimed dividends for the financial year 2018-19 and onwards. The company, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has communicated the urgency of claiming these outstanding amounts to avoid the transfer of funds and shares to the Investor Education and Protection Fund (IEPF).

According to the provisions of Section 124(5) of the Companies Act, 2013, and the IEPF Rules, any dividend remaining unclaimed for seven years must be transferred to the IEPF. Consequently, equity shares for which dividends have not been claimed for seven consecutive years are also liable to be transferred to the IEPF Authority. Shareholders have been advised to claim their unpaid dividends on or before August 21, 2026, to prevent this transfer.

The company has identified specific financial years for which dividends remain unclaimed. No dividends were declared for the financial years 2019-20 and 2020-21. The table below details the dividends that were declared but remain unpaid or unclaimed:

Claim Process and Documentation

Shareholders holding original dividend warrants or demand drafts must submit a self-attested copy of their PAN card, address proof, and a Client Master List with updated bank details. In cases where the warrants are lost or shares are held in physical form, shareholders must submit an Application-cum-Undertaking along with the aforementioned documents.

The company has emphasized that once the unclaimed dividend and corresponding shares are transferred to the IEPF, no claim will lie against the company. Shareholders will then need to approach the IEPF Authority directly to recover the funds or shares. Additionally, all subsequent corporate benefits accruing to such shareholding will be credited to the IEPF Authority.

KYC Compliance

Syngene International has also mandated the update of KYC details, including PAN, nomination, and bank information, particularly for shareholders holding physical securities. This update is required for the timely remittance of dividends and future communication. Shareholders have been directed to send their claims and documents to KFin Technologies Limited, the Registrar and Share Transfer Agent, or to the company's office.

Syngene International has approved the voluntary liquidation of its wholly-owned subsidiary, Syngene Manufacturing Solutions Limited (SMSL). The decision was taken during a board meeting held on May 18, 2026. The subsidiary, which is not a material subsidiary, had ceased business operations, prompting the move to liquidate it as a solvent entity under the Insolvency and Bankruptcy Code, 2016.

The board determined that the liquidation would not affect the company's business operations and would have no material impact on its consolidated financials. The closure of SMSL is expected to be completed in accordance with the timelines stipulated under the relevant regulations, subject to shareholder and necessary governmental approvals.

Financial Details of SMSL

For the financial year ended March 31, 2026, SMSL reported nil turnover and a net worth of ₹93,97,513, which represented 0.02% of the company's total net worth. The following table outlines the financial contributions of the subsidiary:

*For the financial year ended March 31, 2026

Regulatory and Approval Process

The voluntary liquidation process will adhere to the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017. The company has stated that the transaction does not fall under related party transactions and is not part of any slump sale or scheme of arrangement. The completion of the liquidation is contingent upon approvals from SMSL shareholders and other statutory authorities, if required.

The board meeting, which commenced at 21:05 IST and concluded at 22:00 IST, also reviewed other regulatory disclosures. The information regarding the liquidation has been made available on the company's website.