Vinyl Chemicals (India) Ltd has announced its intention to transfer equity shares associated with unclaimed dividends from the financial year 2018-2019 to the Investor Education and Protection Fund (IEPF) Authority. The transfer is mandated under Section 124 of the Companies Act, 2013, and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as dividends for the specified period have remained unclaimed or unpaid for seven consecutive years or more. Shareholders must claim their outstanding dividends on or before August 31, 2026, to avoid the transfer of their holdings to the IEPF Authority.

The company has dispatched individual notices to the registered addresses of affected shareholders and has uploaded the details of those liable for transfer on its website. Shareholders holding shares in physical form are informed that upon transfer to the IEPF Authority, their original share certificates will be automatically cancelled and deemed non-negotiable. For demat holdings, the quantity of shares liable for transfer will be debited from the shareholder's account.

Key Dates and Deadlines

Once the shares are transferred to the IEPF Authority, along with any accruing benefits, shareholders must submit an application in Form IEPF-5 to the IEPF Authority to reclaim them. The company stated that no liability will lie against it regarding the shares once the transfer is completed. Shareholders with queries may contact the company's Registrar and Transfer Agents, MUGF Intime India Pvt. Ltd., or reach out via email at cs.vinylchemicals@pidilite.com .

Vinyl Chemicals (India) Ltd will transfer equity shares pertaining to unclaimed dividends for the Financial Year 2018-2019 to the Investor Education and Protection Fund (IEPF) Authority. The transfer is mandated under Section 124 of the Companies Act, 2013, and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as dividends have remained unclaimed for seven consecutive years or more.

The company has dispatched individual notices to affected shareholders and uploaded their details on its website. Shareholders are advised to verify these details and claim their outstanding dividends immediately. For shares held in physical form, original share certificates will become automatically cancelled and non-negotiable upon transfer. For dematerialized holdings, the shares will be debited from the shareholder's account.

Key Dates and Requirements

Shareholders must claim their unclaimed dividends on or before August 31, 2026. Failure to do so will result in the company transferring the shares to the IEPF Authority without further notice. Once transferred, shares and any accruing benefits can only be reclaimed by submitting an application in Form IEPF-5 to the IEPF Authority.

Contact Information

Shareholders with queries may contact the Registrar & Transfer Agents, M/s. MUGF Intime India Pvt. Ltd., at C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai-400083. Requests can also be raised via the service request link on the RTA's website or by emailing the company at cs.vinylchemicals@pidilite.com .