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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 |
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