REC Limited: Notice for transfer of unclaimed dividends and shares to IEPF Authority
REC Limited has published a notice regarding the transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is in compliance with Sec...
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Why is REC Limited in the news today?
REC Limited (RECLTD) is in the news due to the announcement is a regulatory compliance notice regarding the transfer of unclaimed dividends and shares to the iepf, which is a standard procedure. it does not contain any new financial performance indicators or strategic business developments.
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REC Limited: Notice for transfer of unclaimed dividends and shares to IEPF Authority
December 29, 2025, 11:40 AM
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More Details on This News
REC Limited has published a notice regarding the transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action is in compliance with Section 24(6) of the Companies Act, 2013, and the IEPF Authority (Accounting, Audit, Transfer, and Refund) Rules, 2016.
The company has sent individual communications to shareholders requesting them to claim dividend amounts that have remained unpaid and unclaimed for seven consecutive years. Specific interim dividends are mentioned: one declared on February 21, 2018, with a due date for claiming unclaimed dividends of April 1, 2028, and another declared on February 4, 2020, with a due date of April 7, 2027.
Shareholders can find details of such holdings on REC Limited's website at https://reclndia.nic.in/IEPF-data. Shareholders are urged to claim their unclaimed dividends and submit the necessary documents to Alankit Assignments Limited, the Registrar and Share Transfer Agent (RTA), or contact REC Limited directly. Failure to do so by the respective due dates will result in the transfer of equity shares along with unpaid dividend amounts to the IEPF Authority without further notice.
Furthermore, the announcement reminds shareholders that dividend payments will be made exclusively through electronic transfer modes. Shareholders are advised to update their bank account details with their Depository/RTA. For those holding securities in physical form, updating PAN, KYC, and nomination details is mandatory for lodging grievances or service requests. Additionally, a special six-month window from July 7, 2025, to January 6, 2026, has been opened for re-lodgement of physical share transfer deeds that were lodged before April 1, 2019, but were rejected or unattended. Eligible shareholders can submit their requests to the RTA.
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