Dividend

Pursuant to Section 124 of the Companies Act, 2013, read with Investors Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (‘the Rules’), as amended, all unclaimed/un-encashed dividends / matured debentures are required to be transferred by the Company to the Investor Education and Protection Fund (IEPF) established by the Central Government, after the completion of seven years. Further, according to the Rules, the shares in respect of which dividend has not been claimed or en-cashed by the shareholders for seven consecutive years or more shall also be transferred to the demat account created by the IEPF Authority in accordance with the Rules.

Accordingly, the Company shall transfer the unpaid/unclaimed amount of dividend/interim dividend declared/paid on respective due dates to the Investors Education and Protection Fund Authority (IEPF).

(a) Unclaimed Dividend liable to be transferred to the IEPF:

The following table provides the dividend declared/paid by the Company and due date for transfer of the unclaimed dividends to the IEPF:

YearType of dividendDividend per share (In ₹)Date of declarationDue date for transfer to IEPF
2014-15Interim2.0023-03-201529-04-2022
2014-15Final2.5027-07-201501-09-2022
2015-16Final4.0026-07-201631-08-2023
2016-17Final5.0028-07-201702-09-2024
2017-18Interim3.0016-03-201821-04-2025
2017-18Final3.5027-07-201801-09-2025
2018-19Interim3.0021-01-201926-02-2026
2018-19Final3.5022-07-201923-08-2026
2019-20Final12.0024-07-202027-08-2027
2020-21Interim6.0001-02-202108-03-2028
2020-21Final6.0026-07-202129-08-2028
2021-22Interim6.0003-02-202211-03-2029
2021-22Final6.0027-07-202230-08-2029
2022-23Interim6.0002-02-202308-03-2030
2022-23Final6.0027-07-202330-08-2030
2023-24Final6.0007-08-202411-09-2031
Particulars of DividendDue Date of transfer
Final Dividend 2017-1821-04-2025

For details of Equity Shares liable to be transferred to the IEPF, Click here

Application to claim the unclaimed dividend / shares from IEPF Authority:

Upon transfer of dividend / shares to IEPF, shareholders can claim the unclaimed dividend amount and the shares transferred to the Demat Account of the IEPF Authority by sending physical copy of the requisite documents to the Company for obtaining the entitlement letter, pursuant to Circular dated July 20, 2022 issued by the IEPF Authority, and thereafter submitting online application in the prescribed Form IEPF-5 available on the website of Investors Education and Protection Fund at www.iepf.gov.in/IEPF/corporates.html

Nodal officer of the Company:

Mr. B Shanmugasundaram
Sr. Associate Vice President – Secretarial & Company Secretary
Coromandel International Limited
Coromandel House,
1-2-10, Sardar Patel Road,
Secunderabad – 500 003
E-mail: investorsgrievance@coromandel.murugappa.com
Tel: +91-40-6699 7300/7500
Fax: +91-40-2784 4117

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