NHPC Issues Notice for Transfer of Unclaimed Shares to IEPF Authority

1 min read     Updated on 29 Jul 2025, 05:04 PM
scanx
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.

15334491

*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
+2.17%+5.28%-0.18%-13.22%-1.83%+217.11%

NHPC Set to Launch Fourth Phase of 300 MW Karnisar Solar Power Project

1 min read     Updated on 30 Jun 2025, 09:46 PM
scanx
Reviewed by
ScanX News Team
Overview

NHPC Limited is set to commence operations of the fourth phase of its 300 MW Karnisar Solar Power Project in Bikaner, Rajasthan, on June 30. This marks the completion of NHPC's strategic diversification into solar energy, complementing its hydropower operations. The project, located in a high solar irradiance region, represents a significant contribution to India's renewable energy goals and Rajasthan's position in the solar sector.

12845816

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

NHPC Limited , India's premier hydropower company, is poised to mark a significant milestone in its renewable energy portfolio. The company has announced the commercial operation date for the fourth phase of its ambitious 300 MW Karnisar Solar Power Project, located in Bikaner, Rajasthan.

Project Timeline

The fourth phase of the Karnisar Solar Power Project is scheduled to commence operations on June 30. This announcement underscores NHPC's commitment to expanding its footprint in the solar energy sector, complementing its established hydropower operations.

Strategic Importance

The Karnisar Solar Power Project represents a strategic diversification for NHPC, traditionally known for its hydroelectric projects. By venturing into solar power, the company is aligning itself with India's renewable energy goals and contributing to the nation's sustainable energy mix.

Project Location

Situated in Bikaner, Rajasthan, the project capitalizes on the region's high solar irradiance, making it an ideal location for solar power generation. Rajasthan has been at the forefront of India's solar energy revolution, and this project further cements the state's position as a key player in the country's renewable energy landscape.

Capacity and Impact

With a total capacity of 300 MW, the Karnisar Solar Power Project is a substantial addition to India's solar power infrastructure. The commencement of the fourth phase marks the final step in bringing this project to its full operational capacity, potentially powering thousands of homes and businesses with clean, renewable energy.

Looking Ahead

As NHPC prepares to bring the fourth phase of the Karnisar Solar Power Project online, industry observers will be keen to see the impact on the company's renewable energy portfolio and overall performance. This development may also signal NHPC's intentions for future investments in the solar power sector, as India continues its push towards ambitious renewable energy targets.

The successful implementation of this project could serve as a model for future large-scale solar installations, contributing to India's energy security and environmental sustainability goals.

Historical Stock Returns for NHPC

1 Day5 Days1 Month6 Months1 Year5 Years
+2.17%+5.28%-0.18%-13.22%-1.83%+217.11%

More News on NHPC

1 Year Returns:-1.83%