Tata Consumer Products Issues IEPF Transfer Notice for Unclaimed Dividends

2 min read     Updated on 26 Mar 2026, 03:34 PM
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Tata Consumer Products Limited has issued formal reminder letters to shareholders regarding unclaimed dividends liable for IEPF transfer, with a critical deadline of June 30, 2026. The company published regulatory compliance advertisements in national newspapers and provided comprehensive documentation requirements and contact information for affected shareholders.

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Tata Consumer Products Limited has issued formal reminder letters to shareholders regarding unclaimed dividends that are liable for transfer to the Investor Education and Protection Fund (IEPF). The company announced this regulatory compliance measure on March 25, 2026, addressing shareholders who have not claimed their dividends for seven or more consecutive years.

Regulatory Compliance and Publication Requirements

The reminder letters have been sent pursuant to Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. This action also fulfills the company's obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

On March 26, 2026, the company formally notified stock exchanges including National Stock Exchange of India Limited, BSE Limited, and The Calcutta Stock Exchange Limited about the newspaper advertisement publication. The advertisements were published in Business Standard (English) all India Edition and Sangbad Pratidin (Bengali) Kolkata Edition on March 26, 2026.

Regulatory Compliance: Details
Legal Framework: Companies Act 2013, Section 124(6)
SEBI Regulation: Regulation 30 and 47 of LODR 2015
Publication Date: March 26, 2026
Newspapers: Business Standard (English), Sangbad Pratidin (Bengali)

Critical Deadline and Transfer Process

Under the applicable legal framework, any dividends that remain unclaimed or unpaid for seven years from the date of transfer to the respective Unpaid Dividend Account must be transferred to the IEPF. Additionally, all shares corresponding to such unclaimed dividends for seven consecutive years or more are also liable for transfer to the fund.

Shareholders have been given a deadline of June 30, 2026 to claim their unclaimed dividends and prevent the transfer of their shares to IEPF. The company has emphasized that failure to claim dividends by this date will result in the compulsory transfer of both unclaimed dividend amounts and corresponding shares to the IEPF without further notice.

Action Required: Details
Deadline: June 30, 2026
Affected Shareholders: Those with unclaimed dividends for 7+ consecutive years
Transfer Impact: Both dividends and corresponding shares
Recovery Option: Available from IEPF Authority post-transfer

Documentation Requirements for Different Shareholder Categories

The company has outlined specific documentation requirements based on the mode of shareholding:

For Electronic/Demat Shareholders:

  • Self-attested copy of client master list
  • Updated bank details with Depository Participant
  • Payment will be made to registered bank account

For Physical Shareholders:

  • Form ISR-1, ISR-2, and SH-13 (Nomination Form)
  • Supporting documents including original cancelled cheque
  • KYC compliance mandatory for payment processing
  • Self-attested copies of PAN card/Aadhar card
  • Address proof not older than 3 months

Contact Information and Support

The company has provided comprehensive contact details for shareholder assistance. Company Secretary Delnaz Dara Harda has digitally signed the official communication to stock exchanges, confirming the regulatory compliance measures.

Contact Information: Details
Company Secretary: Delnaz Dara Harda (ACS: 73704)
Email: investor.relations@tataconsumer.com
Phone: +91 22 6121 8400
Website: www.tataconsumer.com
Registered Office: Tata Centre, 1st Floor, 43, Jawaharlal Nehru Road, Kolkata -700071

The information regarding unclaimed dividends and the transfer process is also available on the company's website at www.tataconsumer.com , ensuring transparency and accessibility for all shareholders.

How might the potential transfer of unclaimed shares to IEPF affect Tata Consumer's shareholding pattern and voting dynamics?

What impact could this IEPF transfer have on Tata Consumer's share price and market liquidity in the coming quarters?

Will other major Indian corporations face similar large-scale IEPF transfers in 2026, potentially creating broader market implications?

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TATA Consumer Products Receives Relief as Income Tax Department Cancels ₹269 Crore Tax Demand

1 min read     Updated on 24 Mar 2026, 07:54 PM
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TATA Consumer Products has received significant relief through an official rectification order from the Deputy Commissioner of Income-tax, Kolkata, which completely cancels a tax demand of ₹2,69,29,49,860 (including interest) related to Financial Year 2018-19. The order also reinstates all claims made by the company in its modified tax return, providing comprehensive resolution to the tax dispute.

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TATA Consumer Products has received significant relief from the Income Tax Department regarding a substantial tax dispute. The company has informed stock exchanges about receiving a rectification order that cancels the entire tax demand of ₹2,69,29,49,860 (including interest) that was previously raised against the company.

Official Rectification Order

The Deputy Commissioner of Income-tax, Circle 4(1), Kolkata, issued a rectification order bearing DIN: ITBA/REC/M/154/2025-26/1087371347(1) that provides comprehensive relief to the consumer goods company. The order addresses the tax demand that was originally raised by the Centralized Processing Center, Income-tax Department, Bengaluru.

Relief Component: Details
Original Tax Demand: ₹2,69,29,49,860 (including interest)
Status: Completely deleted
Claims Status: All claims in modified return reinstated
Related Period: Financial Year 2018-19

Regulatory Compliance and Disclosure

TATA Consumer Products disclosed this development through official communication to major stock exchanges including NSE, BSE, and The Calcutta Stock Exchange on March 24, 2026. The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company had initially informed exchanges about the tax demand through a letter dated January 6, 2026, following an order from the Centralized Processing Center. The rectification order now completely reverses that demand and reinstates all claims made by the company in its modified tax return for Financial Year 2018-19.

Impact on Company Position

The cancellation of the ₹269 crore tax demand represents substantial financial relief for TATA Consumer Products. The restoration of claims in the company's modified return further strengthens its position with tax authorities, effectively resolving what appeared to be a significant disputed tax matter.

This favorable outcome demonstrates successful resolution of the company's dealings with the Income Tax Department and removes a considerable financial obligation from potential future settlements.

How will this ₹269 crore tax relief impact TATA Consumer's cash flow and capital allocation strategy for upcoming quarters?

Could this favorable tax ruling set a precedent for other TATA Group companies facing similar disputes with tax authorities?

What potential reinvestment opportunities might TATA Consumer pursue with the improved financial position from this tax relief?

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