Castrol India Issues IEPF Transfer Notice for Unclaimed Dividends and Shares
Castrol India Limited has issued mandatory notices regarding transfer of unclaimed dividends and shares to IEPF Authority. The company published advertisements on April 24, 2026, setting June 15, 2026 as the critical deadline for shareholders to claim outstanding payments and prevent automatic transfer.

*this image is generated using AI for illustrative purposes only.
Castrol India Limited has issued mandatory notices to shareholders regarding the transfer of unclaimed dividends and shares to the Investor Education and Protection Fund (IEPF), marking a crucial deadline for shareholders to claim their outstanding payments.
Regulatory Compliance and Publication Requirements
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has fulfilled its notification obligations through multiple channels. The reminder letters and advertisements were published on April 24, 2026, ensuring widespread awareness among affected shareholders.
| Publication Details: | Newspaper | Edition |
|---|---|---|
| English Daily: | Financial Express | All editions |
| Marathi Daily: | Sakal | Mumbai |
IEPF Transfer Framework and Timeline
Under Section 124 of the Companies Act, 2013 read with IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016, shareholders whose dividends have remained unclaimed for seven or more consecutive years face mandatory transfer of both dividends and shares to IEPF Authority. The company has identified affected shareholders and sent individual reminder letters to their registered addresses.
Critical deadline: Shareholders must claim their unclaimed dividends by June 15, 2026 to prevent automatic transfer to IEPF without further notice.
Documentation Requirements for Claims
The claiming process varies based on shareholding mode, with specific documentation requirements for each category. Shareholders are requested to make applications along with requisite documents to the Company or KFin Technologies Limited, the Company's Registrar and Share Transfer Agent.
For Physical Shareholdings
Shareholders holding physical shares must submit comprehensive documentation and are advised to dematerialize their holdings for seamless transfer of securities in future.
For Demat Holdings
Shareholders with demat accounts need to provide updated documentation with their Depository Participant.
Transfer Process and Consequences
Failure to claim dividends by the specified deadline will trigger automatic transfer procedures without additional notifications. The transfer process differs based on shareholding mode:
| Shareholding Type: | Transfer Process |
|---|---|
| Physical Shares: | New share certificates issued in IEPF Authority's name; original certificates deemed cancelled |
| Demat Shares: | Company instructs depositories to debit shares and transfer to IEPF Authority |
Recovery from IEPF
Shareholders can reclaim transferred dividends and shares from IEPF by:
- Obtaining necessary documentation from the company
- Filing online application in prescribed e-Form with IEPF Authority
- Following the procedure prescribed under the Rules
Both unpaid/unclaimed dividends and shares transferred to IEPF Authority, including all benefits accruing on such shares, can be claimed from the Authority after following the prescribed procedure.
Contact Information
For assistance with dividend claims or IEPF-related queries, shareholders can contact:
- Company RTA: KFin Technologies Limited, Unit: Castrol India Limited
- Address: Selenium Tower-B, Plot No. 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad - 500032
- Helpline: 1800-3094-001
- Email: einward.ris@kfintech.com
Complete details of affected shareholders and unclaimed dividends are available on the company's website at www.castrol.co.in under the investor resources section.
Historical Stock Returns for Tata Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.04% | -1.90% | +13.86% | -23.37% | -19.16% | -4.53% |
How might the transfer of unclaimed shares to IEPF affect Castrol India's shareholding pattern and voting dynamics?
What impact could this IEPF transfer have on Castrol India's dividend distribution costs and administrative expenses in future quarters?
Will other listed companies face similar large-scale IEPF transfers as the seven-year deadline approaches for dividends declared during the pandemic period?


































