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Unclaimed Dividend

Dividends that are not encashed or claimed, within seven years from the date of its transfer to the unpaid dividend account, will, in terms of the provisions of Section 205A of the Companies Act, 1956, be transferred to the Investor Education and Protection Fund (IEPF) established by the Government. In terms of the provisions of Section 205C of the Companies Act, 1956, no claim shall lie against the Corporation or the said Fund after the said transfer. The details of unclaimed dividend as on April 30, 2012 are as follows:


Financial Year Unclaimed Dividend as on April 30, 2012 (Rs.) Unclaimed Dividend as % to total dividend payable Date of declaration of Dividend Last date for claiming Dividend
2004-05 57,80,570 0.14 July 15, 2005 August 22, 2012
2005-06 73,57,200 0.15 July 18, 2006 August 24, 2013
2006-07 89,90,652 0.16 June 27, 2007 August 04, 2014
2007-08 1,13,42,475 0.16 July 16, 2008 August 22, 2015
2008-09 1,50,26,010 0.18 July 22, 2009 August 28, 2016
2009-10 1,99,34,028 0.19 July 14, 2010 August 21, 2017
2010-11 2,66,78,628 0.20 July 8, 2011 August 8, 2018