Visaka Industries Limited Issues Reminder to Investors About Unclaimed Dividends
Visaka Industries Limited has issued communications to investors regarding unclaimed dividends in unpaid dividend accounts, complying with SEBI regulations. The company sent email and postal reminders dated February 21, 2026 and February 23, 2026 respectively. Under Companies Act provisions, unclaimed dividends and corresponding shares must be transferred to IEPF after seven years. The critical deadline for financial year 2018-19 dividend claims is July 24, 2026, after which amounts will be transferred to the government fund.

*this image is generated using AI for illustrative purposes only.
Visaka Industries Limited has issued formal communications to investors regarding unclaimed dividends lying in the company's unpaid dividend accounts. The company sent both email and postal reminders to shareholders, urging them to claim their pending dividend amounts before the statutory deadline.
Regulatory Compliance Communication
Pursuant to Regulation 30 read with Schedule III Part A Para A and Regulation 47 of SEBI (LODR) Regulations, 2015, the company dispatched communications on February 21, 2026 via email and February 23, 2026 through inland letters. These communications were sent to investors whose dividends remain unclaimed in the company's unpaid dividend accounts.
| Communication Details: | Information |
|---|---|
| Email Date: | February 21, 2026 |
| Postal Communication Date: | February 23, 2026 |
| Reference Number: | VILSTEX/FY2026/61 |
| Regulatory Compliance: | SEBI (LODR) Regulations, 2015 |
Legal Requirements and Deadlines
Under the provisions of Section 124(5) of the Companies Act, 2013 read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, unclaimed dividends must be transferred to the Investor Education & Protection Fund (IEPF) after remaining unpaid for seven years. Additionally, Section 124(6) mandates that shares corresponding to unclaimed dividends for seven consecutive years must also be transferred to IEPF.
The company has specifically highlighted a critical deadline for shareholders:
| Important Deadline: | Details |
|---|---|
| Financial Year: | 2018-19 |
| Last Claim Date: | July 24, 2026 |
| Action Required: | Claim dividend before transfer to IEPF |
Claim Process for Shareholders
To claim unclaimed dividends, shareholders must provide specific documentation and follow established procedures. The company has outlined clear steps for investors to recover their pending dividend amounts.
Required Documentation:
- Original outdated dividend warrants
- Indemnity bond on Rs.20/- non-judicial stamp paper (if warrants are not traceable)
- Valid bank account details
- Photocopy of cancelled cheque leaf
- Attested copies of identity proof (Passport/Voter ID/PAN Card/Driving License)
Processing Details:
- Claims should be sent to KFin Technologies Ltd, the company's Registrar and Transfer Agent
- Address: Selenium Tower B, Plot Nos. 31 & 32, Financial District Nanakramguda, Serilingampally Mandal, Hyderabad - 500032
- Payment will be made through electronic transfer
- Signatures must match specimen signatures registered with the company
Company Information
Visaka Industries Limited operates from its registered and corporate office at Visaka Tower, S.P. Road, Secunderabad. The communication was signed by Ramakanth Kunapuli, Assistant Vice President and Company Secretary, emphasizing the company's commitment to regulatory compliance and shareholder service.
The company maintains multiple manufacturing facilities across India, including divisions for asbestos cement products, textiles, and V-boards, with locations spanning Tamil Nadu, Maharashtra, West Bengal, Karnataka, Uttar Pradesh, Andhra Pradesh, Odisha, Telangana, and Haryana.
Historical Stock Returns for Visaka Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.38% | -4.78% | +0.72% | -25.58% | -14.56% | -38.56% |


































