Century Enka Ltd: Shareholders Must Claim Dividends by August 3, 2026, to Keep Shares

Century Enka Ltd has officially informed shareholders that shares tied to unclaimed dividends will be transferred to the Investor Education and Protection Fund (IEPF). This company announcement, made on May 4, 2026, applies to dividends that have remained unpaid for seven consecutive years. Shareholders must claim these outstanding dividends by August 3, 2026, to retain ownership of their shares.

What Happens If You Don't Act

Failure to claim unpaid dividends before the August 3, 2026, deadline will result in the forfeiture of the associated shares. These shares will then be transferred to the IEPF. It is vital for shareholders to stay informed about their entitlements.

Understanding the IEPF Transfer Process

The Investor Education and Protection Fund (IEPF) was created under the Companies Act, 2013, to boost investor awareness and education. The law, specifically Section 124(5) of the Companies Act, 2013, requires that any dividend unpaid or unclaimed for seven consecutive years from its due date must be transferred to the IEPF.

Importantly, shareholders can still reclaim their shares and unpaid dividends from the IEPF even after the transfer, by submitting the prescribed e-form, IEPF-5.

Steps for Shareholders

Shareholders who have not claimed dividends for seven consecutive years need to act promptly. The process to claim these dividends must be initiated before August 3, 2026, to prevent their shares from being transferred to the IEPF.

Updating Know Your Customer (KYC) details with the company or registrar is also strongly recommended to ensure a smooth claim process, in line with SEBI regulations.

What to Do Next

Shareholders are advised to review their records for any unclaimed dividends from Century Enka Ltd and ensure the claim process is completed by the August 3, 2026, deadline.

Verifying and updating KYC details will facilitate smoother communication and claim processing. Shareholders should also familiarize themselves with the procedure for filing e-form IEPF-5, should their shares have already been transferred to the IEPF.