NHPC Issues Notice for Transfer of Unclaimed Shares to IEPF Authority

1 min read     Updated on 29 Jul 2025, 05:04 PM
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Reviewed by
Shriram SScanX News Team
Overview

NHPC Limited has issued a notice regarding the transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) Authority. Shares with unclaimed dividends for seven consecutive years or more will be transferred. Shareholders are urged to claim unpaid dividends before November 1, 2025, to prevent share transfer. The company has published advertisements and sent individual notices to affected shareholders. This action is in compliance with Section 124 of the Companies Act, 2013, and IEPF Authority Rules, 2016.

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*this image is generated using AI for illustrative purposes only.

NHPC Limited , a leading hydropower company, has issued a public notice regarding the transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) Authority. The company published advertisements in Financial Express and Jansatta newspapers on July 29, 2025, in compliance with regulatory requirements.

Key Points of the Notice

  • Mandatory Transfer: NHPC will transfer shares to the IEPF Authority for which dividends have remained unclaimed for seven consecutive years or more.
  • Shareholder Alert: The company has urged shareholders to claim their unpaid dividends before the specified deadline to avoid the transfer of their shares to IEPF.
  • Compliance Measure: This action is in accordance with the provisions of Section 124 of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, Transfer, and Refund) Rules, 2016.

Important Dates and Actions

Date Action
July 29, 2025 Publication Date
November 1, 2025 Transfer Deadline
Before November 1, 2025 Shareholder Action Required: Claim unpaid dividends

Process for Shareholders

  1. NHPC has sent individual notices to concerned shareholders at their latest available addresses.
  2. Shareholders can check their status on the company's website: www.nhpcindia.com
  3. To prevent share transfer, shareholders must claim their unpaid dividends by following the process outlined by the company.

Implications for Shareholders

  • Shares transferred to IEPF can be claimed back by following the prescribed procedure under IEPF Rules.
  • All benefits accruing on such shares, including dividends and bonus shares, will also be transferred to IEPF.

Company's Statement

NHPC has emphasized that this transfer is a mandatory compliance measure. The company has provided detailed guidelines and contact information for shareholders to follow the claiming process.

About NHPC Limited

NHPC Limited (ISIN: INE848E01016) is a premier hydropower company in India. As a 'Miniratna' Category-I Enterprise of the Government of India, NHPC plays a crucial role in the country's power sector.

This notice underscores NHPC's commitment to regulatory compliance and shareholder engagement. It serves as a crucial reminder for investors to stay vigilant about their investments and regularly claim their dividends to avoid potential share transfers to the IEPF Authority.

Historical Stock Returns for NHPC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%-3.00%+5.04%-7.98%+11.64%+226.69%

NHPC Board Meeting on January 8, 2026 to Consider ₹2,000 Crore Bond Issue

1 min read     Updated on 25 Jul 2025, 12:29 PM
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Reviewed by
Ashish TScanX News Team
Overview

NHPC Limited has rescheduled its board meeting to January 8, 2026, to consider a proposal for raising up to ₹2,000 crore through unsecured, non-convertible bonds via private placement. The meeting will review General Information Document and Key Information Document for the bond issuance, which forms part of the company's borrowing plan for FY 2025-26.

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*this image is generated using AI for illustrative purposes only.

NHPC Limited , India's premier hydropower company, has rescheduled its board meeting to consider a significant bond fundraising proposal. The state-owned Navratna enterprise will convene its Board of Directors on Thursday, January 8, 2026, to deliberate on raising up to ₹2,000.00 crore through bond issuance.

Updated Board Meeting Schedule

According to the latest corporate filing submitted to stock exchanges, the board meeting has been rescheduled from the previously announced date. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the updated meeting schedule, ensuring compliance with regulatory requirements.

Meeting Details: Information
Date: Thursday, January 8, 2026
Purpose: Fund raising through bond issue
Amount: Up to ₹2,000.00 crore
Method: Private placement
Bond Type: Unsecured, Redeemable, Taxable, Non-Convertible, Non-Cumulative

Bond Issuance Framework

The proposed bond issuance will be structured as Unsecured, Redeemable, Taxable, Non-Convertible, Non-Cumulative Bonds, to be issued in one or more tranches through private placement. This fundraising initiative forms part of NHPC's comprehensive borrowing plan for the fiscal year 2025-26, demonstrating the company's strategic approach to capital management.

Document Review Process

During the board meeting, directors will review and approve the General Information Document (GID) and Key Information Document (KID) related to the bond issuance. These documents are essential components of the fundraising process and ensure transparency for potential investors.

Regulatory Compliance

NHPC has maintained strict adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, particularly Regulation 29(1), by providing timely intimation to stock exchanges. The company's proactive communication ensures all stakeholders remain informed about significant corporate developments.

Strategic Implications

This bond issuance represents NHPC's continued focus on strengthening its financial position to support ongoing and future hydropower projects. As a government-owned Navratna company with established credentials in the power generation sector, NHPC's bonds are likely to attract institutional investors seeking stable investment opportunities in India's energy infrastructure.

Historical Stock Returns for NHPC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%-3.00%+5.04%-7.98%+11.64%+226.69%
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