TCS Issues Final Reminder for Unclaimed Dividend Transfer to IEPF by July 13, 2026
Tata Consultancy Services has issued a final reminder notice for shareholders to claim their Final Dividend 2018-19 by July 13, 2026, to avoid mandatory transfer of shares and dividends to IEPF. The company has complied with regulatory requirements under the Companies Act, 2013, by sending individual communications and publishing newspaper advertisements. Shareholders must complete specific documentation processes based on their holding type (physical or demat) to prevent the transfer, with detailed procedures provided through the company's registrar MUFG Intime India Private Limited.
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Tata Consultancy Services has issued a comprehensive reminder notice to shareholders regarding the impending transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF). The notice, dated April 7, 2026, serves as a final warning for shareholders to claim their outstanding Final Dividend 2018-19 before the July 13, 2026 deadline.
Regulatory Compliance and Legal Framework
The transfer is mandated under Section 124(6) of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. According to these provisions, shares in respect of which dividend has remained unclaimed for seven consecutive years or more are required to be transferred to the IEPF Authority.
| Regulatory Aspect: | Details |
|---|---|
| Governing Law: | Companies Act, 2013 Section 124(6) |
| Rules: | IEPF Authority Rules, 2016 |
| Dividend Period: | Final Dividend 2018-19 |
| Transfer Deadline: | July 13, 2026 |
| Notice Date: | April 7, 2026 |
Communication and Notification Process
Tata Consultancy Services has fulfilled its regulatory obligations by sending individual communications to the registered addresses of affected shareholders three months prior to the due date of transfer. The company has simultaneously published notices in multiple newspapers, including Business Standard (English), Free Press Journal (English), and Navshakti (Marathi), as required under the Act and Rules.
Complete details of shareholders with unclaimed dividends have been uploaded on the company's website at www.tcs.com . The company emphasizes that these uploaded details shall be treated as adequate notice for the issuance of new share certificates for transfer purposes.
Transfer Process for Different Holding Types
The transfer mechanism varies depending on how shareholders hold their equity shares:
| Holding Type: | Transfer Process |
|---|---|
| Physical Form: | New share certificates issued and transferred to IEPF; original certificates deemed cancelled and non-negotiable |
| Demat Form: | Company informs depository through corporate action for transfer from shareholder's demat account to IEPF |
Shareholder Action Requirements
For shareholders wishing to avoid the transfer, specific actions must be completed before July 13, 2026. Demat shareholders need to update their bank details with their Depository Participant and send required documentation to MUFG Intime India Private Limited. Physical shareholders must provide additional documentation including Investor Service Request Forms (ISR-1, ISR-2, ISR-3) and nomination forms.
The company has provided a comprehensive annexure listing dividend payment dates spanning from June 17, 2019, to November 4, 2025, all with the uniform claim deadline of July 13, 2026.
Contact Information and Support
Shareholders requiring assistance can contact MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's registrar and transfer agent. The RTA is located at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083, with telephone support at +91 810 811 8484.
Important Disclaimers
The company has clearly stated that no claim shall lie against Tata Consultancy Services in respect of unclaimed dividend and equity shares transferred to IEPF. However, procedures for claiming transferred shares and dividends from IEPF are available on the company's investor relations website. The notice was signed by Yashaswin Sheth, Company Secretary (ACS 15388), emphasizing the official nature of this communication.
Historical Stock Returns for Tata Consultancy Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.16% | +7.51% | +1.23% | -14.48% | -21.38% | -21.96% |
How might the transfer of unclaimed shares to IEPF impact TCS's shareholding pattern and voting dynamics in upcoming AGMs?
What percentage of TCS's total market capitalization could be affected by this IEPF transfer, and how might it influence the stock's liquidity?
Will other major IT companies face similar large-scale IEPF transfers in 2026, potentially creating sector-wide shareholding restructuring?
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