UFLEX sets Sep 8 deadline for IEPF dividend transfer

3 min read     Updated on 13 May 2026, 09:12 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

UFLEX LIMITED published a notice on 12 May 2026 regarding the transfer of unclaimed dividends and equity shares from FY 2018-19 to the IEPF Authority. Shareholders must submit claims by 08 September 2026, with specific documents required for verification. The company also advised updating KYC details and dematerialising physical shares.

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UFLEX LIMITED has issued a public notice regarding the transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund Authority (IEPF). The notice, published in newspapers on 12 May 2026, informs shareholders that shares in respect of which dividends have remained unpaid or unclaimed for seven consecutive years or more from financial year 2018-19 are required to be transferred to the IEPF Authority.

Regulatory Basis and Communication

The transfer is being undertaken in compliance with Section 124 of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. In accordance with these provisions, UFLEX LIMITED has sent individual communications to concerned shareholders via email where IDs are registered, and by post where email IDs are not available. The complete details of affected shareholders, including folio numbers and DP ID-Client IDs, have been uploaded on the company's website.

Deadline and Required Action

Shareholders are requested to encash their unclaimed dividends from financial year 2018-19 onwards on or before 08 September 2026. Failure to submit a valid claim by this date will result in the transfer of the relevant dividends and shares—whether held in physical or electronic form—to the IEPF Account.

To process claims, shareholders must submit the following documents to the company:

Document Required Details
Identity & Address Proof Self-attested copy of PAN Card and Address Proof in Form No. ISR-1
Bank Details Copy of cancelled cheque
Demat Holdings Copy of Client Master List (CML), if shares held in demat mode
Claim Form Application-cum-Undertaking of Unpaid/Unclaimed Dividend, duly filled and signed

Post-Transfer Implications

Once shares are transferred to the IEPF Authority, all future benefits accruing thereon, including future dividends, will be credited to the IEPF. No claim shall lie against the company in respect of shares and unclaimed dividends so transferred. Shareholders may subsequently claim the same from the IEPF Authority by submitting an online application in Form IEPF-5 available at www.iepf.gov.in , along with a physical copy sent to the company.

IEPF Saksham Niveshak Campaign

The IEPF Authority has launched the 'Second 100 Day Campaign — Saksham Niveshak', effective from April 1, 2026 to July 9, 2026. This campaign focuses on shareholders with unclaimed dividends and non-KYC cases. Shareholders who have not claimed dividends for the year 2018-19 and thereafter are requested to check the list of unpaid dividends on the company's website and submit claims along with KYC documents.

KYC Update and Dematerialisation Advisory

Shareholders holding shares in physical form are requested to update their PAN, Nomination, Bank, and other KYC details with the company's Registrar and Share Transfer Agent (RTA), M/s Beetal Financial & Computer Services Pvt. Ltd. Additionally, members holding physical share certificates are advised to dematerialise their shareholding to avail benefits such as easy liquidity, ease of transfer, and savings in stamp duty.

Historical Stock Returns for UFLEX

1 Day5 Days1 Month6 Months1 Year5 Years
-1.48%-6.71%+8.21%-22.99%-27.68%-0.88%

How much total value in unclaimed dividends and shares is UFLEX LIMITED expected to transfer to IEPF by the September 2026 deadline, and how does this compare to previous years?

What percentage of shareholders notified by UFLEX LIMITED typically reclaim their dividends before the IEPF transfer deadline, and could the Saksham Niveshak campaign meaningfully improve this recovery rate?

How might SEBI's ongoing push for mandatory dematerialisation of physical shares impact the volume of unclaimed shares transferred to IEPF across Indian listed companies in the coming years?

Uflex Limited Commissions 39,600 MTA Recycling Unit for PET Bottles at Noida

1 min read     Updated on 02 May 2026, 06:51 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Uflex Limited has successfully commissioned a recycling facility for PET bottles and mixed plastics at Noida with an annual capacity of 39,600 MTA on April 30, 2026. The company formally communicated this achievement to stock exchanges under SEBI Regulation 30, with the project originally announced in February 2025, demonstrating systematic execution and commitment to sustainable manufacturing practices.

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Uflex Limited has achieved a significant operational milestone with the successful commissioning of its recycling facility for PET bottles and mixed plastics at Noida on April 30, 2026. The facility marks an important step in the company's expansion into sustainable plastic waste management solutions.

Facility Specifications and Capacity

The newly commissioned recycling unit demonstrates substantial processing capabilities for plastic waste management:

Parameter: Details
Location: Noida
Commissioning Date: April 30, 2026
Annual Capacity: 39,600 MTA
Material Types: PET Bottles and Mixed Plastics

Official Regulatory Communication

The company formally communicated this development to stock exchanges on May 1, 2026, through an official letter to the National Stock Exchange of India Limited and BSE Limited. The communication was signed by Ritesh Chaudhry, Sr. Vice President - Secretarial & Company Secretary, ensuring proper regulatory compliance.

Exchange Details: Information
NSE Scrip Code: UFLEX
BSE Scrip Code: 500148
Communication Date: May 1, 2026
Regulation: SEBI Regulation 30

Project Timeline and Development

The recycling facility project followed a structured development timeline. The company had initially announced plans for establishing this recycling unit in February 2025, demonstrating a systematic approach to project execution and implementation. The successful commissioning within the planned timeframe reflects the company's operational efficiency in executing capital projects.

Strategic Significance

This recycling facility represents Uflex Limited's commitment to circular economy principles and sustainable manufacturing practices. The facility's capacity of 39,600 MTA positions it to handle significant volumes of PET bottles and mixed plastic waste, contributing to environmental sustainability while creating value from recycled materials.

Operational Impact

The commissioning of this recycling unit expands Uflex Limited's manufacturing capabilities and strengthens its position in the sustainable packaging and materials sector. The facility's focus on PET bottles and mixed plastics addresses growing market demand for recycled plastic materials and supports environmental conservation efforts through waste reduction and material recovery.

Historical Stock Returns for UFLEX

1 Day5 Days1 Month6 Months1 Year5 Years
-1.48%-6.71%+8.21%-22.99%-27.68%-0.88%

How will this recycling facility impact Uflex's revenue mix and profit margins in the sustainable packaging segment over the next 2-3 years?

What are Uflex's plans for expanding recycling capacity to other locations, and how might this affect their competitive positioning in the circular economy space?

Could this facility enable Uflex to secure new long-term contracts with major FMCG companies seeking sustainable packaging solutions?

More News on UFLEX

1 Year Returns:-27.68%