Visaka Industries Limited Issues Reminder to Investors About Unclaimed Dividends

2 min read     Updated on 23 Feb 2026, 05:00 PM
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Overview

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.

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*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 Day5 Days1 Month6 Months1 Year5 Years
-0.38%-4.78%+0.72%-25.58%-14.56%-38.56%

Visaka Industries Reports Strong Q3FY26 Recovery with Consolidated Profit of ₹192.41 Lakhs

2 min read     Updated on 09 Feb 2026, 04:41 PM
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Reviewed by
Riya DScanX News Team
Overview

Visaka Industries demonstrated strong recovery in Q3FY26 with consolidated net profit of ₹192.41 lakhs compared to loss of ₹1,098.34 lakhs in Q3FY25. The company's nine-month performance showed exceptional results with net profit of ₹4,534.50 lakhs, significantly boosted by an exceptional gain of ₹3,674.30 lakhs from land sale in Ahmedabad during June 2025 quarter.

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Visaka Industries Limited announced its audited financial results for the third quarter and nine months ended December 31, 2025, demonstrating a remarkable turnaround in financial performance. The company's Board of Directors approved these results at their meeting held on February 09, 2026, following review and recommendation by the Audit Committee.

Financial Performance Overview

The company delivered strong consolidated results for Q3FY26, marking a significant recovery from the previous year's performance. Key financial metrics showed substantial improvement across multiple parameters.

Metric: Q3FY26 Q3FY25 Change
Revenue from Operations: ₹36,755.07 lakhs ₹35,142.03 lakhs +4.59%
Net Profit/(Loss): ₹192.41 lakhs ₹(1,098.34) lakhs Positive turnaround
Basic EPS: ₹0.22 ₹(1.27) Positive turnaround

Nine-Month Performance Highlights

The nine-month period ended December 31, 2025, showcased exceptional performance driven by operational improvements and a significant exceptional gain. The company reported consolidated net profit of ₹4,534.50 lakhs compared to a loss of ₹1,758.25 lakhs in the corresponding period of the previous year.

Parameter: Nine Months FY26 Nine Months FY25 Growth
Total Revenue: ₹1,20,290.94 lakhs ₹1,12,281.57 lakhs +7.13%
Net Profit: ₹4,534.50 lakhs ₹(1,758.25) lakhs Positive turnaround
Basic EPS: ₹5.25 ₹(2.03) Significant improvement

Exceptional Item Impact

A major contributor to the nine-month performance was an exceptional gain of ₹3,674.30 lakhs arising from the sale of land situated in Ahmedabad, Gujarat State during the June 2025 quarter. This one-time gain significantly boosted the overall profitability for the period.

Segment-wise Performance

The company's business segments showed varied performance during Q3FY26:

Building Products Segment:

  • Revenue: ₹31,543.68 lakhs (Q3FY26) vs ₹29,981.50 lakhs (Q3FY25)
  • Segment profit before tax and interest: ₹2,470.68 lakhs vs ₹1,309.92 lakhs

Synthetic Yarn Segment:

  • Revenue: ₹5,207.48 lakhs (Q3FY26) vs ₹5,150.62 lakhs (Q3FY25)
  • Segment loss before tax and interest: ₹(33.88) lakhs vs ₹(274.93) lakhs

Others Segment:

  • Revenue: ₹3.91 lakhs with a loss of ₹(15.79) lakhs before tax and interest

Corporate Governance Updates

The Board authorized key managerial personnel for determining materiality of events and information under SEBI regulations. The authorized personnel include Managing Director Smt. G. Saroja Vivekanand, Joint Managing Director Shri G. Vamsi Krishna, and Chief Financial Officer Shri S. Shafiulla.

Operational Infrastructure

Visaka Industries operates through an extensive manufacturing network across India, including seven A.C. divisions, one textile division, and five V-Boards divisions strategically located in Tamil Nadu, Maharashtra, West Bengal, Karnataka, Uttar Pradesh, Andhra Pradesh, Odisha, Telangana, and Haryana.

Historical Stock Returns for Visaka Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.38%-4.78%+0.72%-25.58%-14.56%-38.56%

More News on Visaka Industries

1 Year Returns:-14.56%