Part – 2 Unclaimed Dividend

Details of dividend transferred to IEPF

Pursuant to Section 124 & 125 of the Companies Act, 2013 and Section 205A & 205C of the Companies Act, 1956 (effective till 6th September 2016), the amount of dividend remaining unclaimed or unpaid for a period of seven years shall be transferred to the Investor Education and Protection Fund.

For details of unpaid/unclaimed dividend as at 29th July 2020, click here

Claiming shares/dividend from the Investor Education and Protection Fund Authority (IEPF)

Pursuant to the provisions of Section 124(6) of the Companies Act, 2013, the Company is required to transfer shares in respect of which dividend has not been paid or claimed for seven consecutive years or more to the Investor Education and Protection Fund. Accordingly, the Company in compliance with the said provision has transferred shares after issuing the requisite notice to the shareholders concerned and on publication of a notice in this regard in leading dailies.

For Investor-wise details of shares transferred, click Shares due for transfer to IEPF Suspense Account.

Any person, whose unclaimed/unpaid dividend amount or shares has been transferred to IEPF may claim their refunds from the IEPF authority. For claiming such amounts, claimant is required to file E-form IEPF-5 available on the website of IEPF Authority (http://www.iepf.gov.in/). Kindly read the instructions given in the help-kit carefully before filling the E-form.

After carefully filling the information in the E-form IEPF-5, the same shall be saved on computer and filed electronically, free of cost, with IEPF Authority by uploading the same on the link: http://www.mca.gov.in/mcafoportal/showEformUpload.do

On successfully uploading the E-form IEPF-5, an acknowledgement will be generated indicating the Service Request Number (SRN). The said SRN shall be used for future tracking of the form. After successfully filing/uploading, E-form IEPF-5 and the acknowledgement issued shall be printed.

Further the self-attested copy of the E-form IEPF – 5 and the acknowledgement issued along with the original physical share certificate, Indemnity Bond (in original executed on a non-judicial stamp paper of appropriate value, as prescribed under the applicable Stamp Act, according to the state in which it is executed, in the format prescribed by the IEPF Authority), Advance Receipt in original in the format prescribed by IEPF Authority, along with any other document as enumerated in E-Form IEPF-5, duly signed by the claimant shall be sent to the Nodal Officer of the company at its registered office in an envelope marked “Claim for refund from IEPF Authority” for verification of the claim.

Nodal Officer for IEPF
Ms. Rekha Surendhiran, Company Secretary
Carborundum Universal Limited,
Parry House, No. 43, Moore Street,
Chennai – 600 001
Contact: 044 – 3000 6129/42
E-mail: rekhas@cumi.murugappa.com and investorservices@cumi.murugappa.com

The Company shall within 30 days from the date of receipt of claim shall file an e-verification report to the IEPF Authority along with the scanned copy of all the documents submitted by the claimant duly certified by the Nodal officer of the Company.

After verification of the entitlement of the claimant in respect of shares and/or dividend, the IEPF Authority will refund the shares and/or dividend to the claimant.

Moreover, shareholders are requested to contact the Investor Services section of the Company or KFin Technologies Private Limited for any clarification pertaining to E-Form IEPF-5.

Points to note:

– Mentioning demat account and the bank account number in E-Form IEPF-5 is mandatory.
– Refund of shares will be done by IEPF only in electronic mode i.e. to the demat account furnished by the claimant