Ramkrishna Forgings: Claim Unclaimed Dividends by Sep 2026

Final Deadline Approaches for Unclaimed Dividends

Ramkrishna Forgings Limited has set a critical deadline of September 30, 2026, for shareholders to claim dividends that have remained unpaid for seven consecutive years or more. Failure to meet this deadline will result in the mandatory transfer of corresponding equity shares to the Investor Education and Protection Fund (IEPF), aligning with Indian company law.

Compliance and Notification Efforts

This action adheres to Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The company has undertaken extensive efforts to notify affected shareholders, including dispatching individual communications on June 2, 2026, and uploading names and folio numbers of concerned shareholders on its official website. Additionally, advertisements were placed in major newspapers, Business Standard and Aajkaal, on June 9, 2026, to ensure wide dissemination of this crucial information.

Implications of Non-Compliance

Shareholders are required to submit their claims with all necessary documentary evidence before the stipulated September 30, 2026, deadline. Post-deadline, Ramkrishna Forgings will proceed with the transfer of shares to the IEPF without further notice. For physical shares, new certificates will be issued in favor of the IEPF, rendering original certificates null and void. In the case of electronic shares, a corporate action will facilitate the transfer from the shareholder’s Demat account directly to the IEPF. Once transferred, all future benefits, including dividends, will accrue solely to the IEPF.

It is important to note that even after the transfer, shareholders retain the right to reclaim their dividends and shares from the IEPF Authority by following its prescribed procedures. However, no claim will be valid against Ramkrishna Forgings itself once the transfer to the IEPF has been completed. This emphasizes the urgency for shareholders to act promptly.

Company Initiatives for Shareholder Support

In a proactive measure, Ramkrishna Forgings is conducting the ‘Saksham Niveshak’ campaign from April 1, 2026, to July 9, 2026. This initiative aims to encourage shareholders to claim unpaid dividends and update their KYC details, contact information, bank account details, and nomination preferences. The goal is to prevent the inadvertent transfer of their assets to the IEPF.

Furthermore, a special window for the transfer and dematerialization of physical securities is open until February 4, 2027. This facility is specifically designed for securities purchased or sold before April 1, 2019, and for previous transfer requests that were rejected or returned due to deficiencies. Approved transfers under this special window will exclusively be issued in dematerialized form and will be subject to a one-year lock-in period from the date of transfer registration. These measures underscore the company’s commitment to shareholder education and compliance.