TCI Express Announces Transfer of Unclaimed Shares to IEPF Authority
TCI Express Limited has announced the transfer of equity shares, along with unclaimed dividends from the financial year 2018-19, to the Investor Education and Protection Fund (IEPF) Authority. This ac...
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Why is TCI Express Limited in the news today?
TCI Express Limited (TCIEXP) is in the news due to the announcement is a routine regulatory compliance action regarding unclaimed shares and dividends, with no direct financial or operational impact on the company's current performance. it is a procedural step as mandated by law.
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TCI Express Announces Transfer of Unclaimed Shares to IEPF Authority
January 1, 2026, 10:15 AM
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TCI Express Limited has announced the transfer of equity shares, along with unclaimed dividends from the financial year 2018-19, to the Investor Education and Protection Fund (IEPF) Authority. This action is in accordance with Section 124 of the Companies Act, 2013, and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, for shares and dividends that have remained unclaimed for seven consecutive years.
Reminders are being sent to the concerned shareholders to inform them about the unclaimed shares and dividends due for transfer to the IEPF. The company has published notices regarding this matter in the Nav Telangana and Financial Express newspapers on January 01, 2026.
This is a regulatory compliance measure to ensure that unclaimed assets are transferred to the designated fund for investor protection and education.
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