Visaka Industries Issues IEPF Transfer Reminder with July 3, 2026 Deadline

3 min read     Updated on 22 Apr 2026, 05:16 AM
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Visaka Industries Limited issued reminder letters dated April 20, 2026, to shareholders regarding unclaimed dividends for seven consecutive years, with a claim deadline of July 3, 2026. The company disclosed this under Regulation 30 of SEBI LODR Regulations, 2015, detailing specific dividend payment dates from 2019 to 2025. Shares and dividends unclaimed by the deadline will be transferred to IEPF under Section 124(6) of the Companies Act, 2013. Shareholders can claim post-transfer through Form IEPF-5, with Kfin Technologies Limited serving as the Registrar and Transfer Agent.

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Visaka Industries Limited has issued a regulatory disclosure regarding reminder letters sent to shareholders about unclaimed dividend transfers to the Investor Education and Protection Fund (IEPF). The company released this notice on April 21, 2026, in compliance with SEBI listing regulations.

Regulatory Compliance and Legal Framework

The disclosure was made pursuant to Regulation 30 read with Schedule III Part A Para A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company despatched reminder letters dated April 20, 2026, to shareholders who have not claimed their dividends for seven or more consecutive years.

The legal basis for this action stems from Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended. The information was also hosted on the company's website at visaka.co.

Unclaimed Dividend Details

Dividend Year Date of Payment
FINAL 2019 15/07/2019
INTERIM 2019-2020 28/02/2020
2ND INTERIM 2020 27/03/2020
INTERIM 2020-2021 17/02/2021
FINAL 2020-2021 09/06/2021
1ST INTERIM 2022 05/02/2022
FINAL DIVIDEND 2021-2022 22/06/2022
1ST INTERIM 2022-2023 17/04/2023
FINAL DIVIDEND 2022-2023 13/07/2023
FINAL 2023-2024 24/07/2024
FINAL DIVIDEND 2024-2025 06/08/2025

IEPF Transfer Requirements

Parameter Details
Affected Period Dividends unpaid for seven consecutive years
Claim Deadline July 3, 2026
Transfer Criteria Dividends unclaimed for seven consecutive years
Legal Authority Section 124(6) of Companies Act, 2013
Governing Rules IEPF Authority Rules, 2016 (as amended)

The company is required to transfer shares to the IEPF account where dividends remain unpaid or unclaimed for seven consecutive years. This mandatory transfer applies to shareholders who have not encashed their dividends as listed above.

Shareholder Claims Process

Shareholders must claim their dividends by submitting applications to Kfin Technologies Limited, the Registrar and Transfer Agents, on or before July 3, 2026. Failure to claim will result in the transfer of all shares to the IEPF account.

For shares held in physical form, the company will issue duplicate share certificates and transfer them to the IEPF's Demat account, canceling the original certificates. For demat shares, the transfer will be executed through necessary corporate action forms.

Contact Information and Support

Contact Type Details
Company Email ramakanth.kunapuli@visaka.in
RTA Kfin Technologies Limited
RTA Address Selenium Tower B, Plot 31-32, Gachibowli Financial District, Nanakramguda Hyderabad 500032
Toll Free Number 1800-4258-998
RTA Phone 040-67162222
RTA Email einward.ris@kfintech.com

Post-Transfer Claims Process

After transfer to IEPF, shareholders can claim both unclaimed dividend amounts and transferred shares by submitting Form IEPF-5 online along with physical copies to the company's registered office for verification. The company will send an electronic verification report to the IEPF Authority for refund and share transfer. Only one such request can be made in one year.

The notice was signed by Ramakanth Kunapuli, AVP and Company Secretary, and represents the company's compliance with statutory requirements for protecting investor interests while adhering to regulatory mandates.

Historical Stock Returns for Visaka Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.79%+3.67%+14.37%-20.42%+1.79%-39.17%

How might the transfer of unclaimed shares to IEPF impact Visaka Industries' shareholding pattern and voting dynamics?

What measures could Visaka Industries implement to reduce future unclaimed dividends and improve shareholder engagement?

Will the IEPF transfer process affect Visaka Industries' market liquidity or share price in the near term?

Visaka Industries Limited Submits SEBI Compliance Certificate for Period Ended March 31, 2026

1 min read     Updated on 06 Apr 2026, 07:35 PM
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Visaka Industries Limited filed its compliance certificate under SEBI Regulation 74(5) for the period ended March 31, 2026, confirming proper reporting of securities transactions. The certificate was issued by KFin Technologies Limited and communicated to NSE and BSE, demonstrating the company's adherence to regulatory requirements.

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Visaka Industries Limited has submitted its mandatory compliance certificate under SEBI regulations for the period ended March 31, 2026. The filing demonstrates the company's adherence to regulatory requirements governing depositories and participants.

Regulatory Compliance Filing

The company filed its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 06, 2026. This regulatory requirement ensures proper reporting and transparency in securities transactions.

Parameter: Details
Filing Date: April 06, 2026
Period Covered: Ended March 31, 2026
Regulation: SEBI Regulation 74(5)
Reference Number: VILSTEX/FY2027/02

Certificate Details and Confirmation

The compliance certificate was issued by KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent. The certificate confirms that all required details of securities dematerialized and rematerialized during the specified period have been furnished to the relevant stock exchanges.

Veeda Raghunath, Senior Manager - Corporate Registry at KFin Technologies Limited, signed the certificate confirming compliance with the regulatory requirements. The document specifically states that details have been provided to stock exchanges where Visaka Industries' shares are listed.

Stock Exchange Communication

The compliance certificate was formally communicated to both major stock exchanges where the company's securities are traded:

Exchange: Details
National Stock Exchange: Exchange Plaza, Bandra Kurla Complex, Mumbai
Bombay Stock Exchange: P. J. Towers, Dalal Street, Mumbai
NSE Scrip Code: VISAKAIND
BSE Scrip Code: 509055

Corporate Structure and Operations

Visaka Industries Limited operates from its registered and corporate office located at Visaka Tower, Secunderabad. The company maintains an extensive manufacturing network across multiple states in India, with facilities spanning asbestos cement divisions, textile operations, and V-boards manufacturing units.

Ramakanth Kunapuli, Assistant Vice President & Company Secretary, signed the filing on behalf of the company, ensuring proper corporate governance and regulatory compliance. The submission reflects the company's commitment to maintaining transparency and adhering to SEBI's regulatory framework for listed entities.

Historical Stock Returns for Visaka Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.79%+3.67%+14.37%-20.42%+1.79%-39.17%

What impact might upcoming SEBI regulatory changes have on Visaka Industries' compliance costs and operational procedures?

How could the company's extensive multi-state manufacturing network affect its future expansion plans and capital allocation strategy?

Will Visaka Industries consider diversifying beyond traditional asbestos cement products given evolving environmental regulations and market preferences?

More News on Visaka Industries

1 Year Returns:+1.79%