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Pursuant to Section 124(5) of the Companies Act, 2013, every company is required to transfer the amount of dividend, which remains unpaid/unencashed for a period of seven years from the date of its transfer to the unclaimed dividend account, to Investor Education and Protection Fund ("IEPF"), established by the Central Government. The table given below gives the dates of dividend declaration since 2015-16 and the corresponding dates when unpaid/unencashed dividends are due to be transferred to Investor Education and Protection Fund in respect of Kotak Mahindra Bank Limited.
Year | Dividend- Type | Date of Declaration | Due Date of Transfer |
2015-16 | Final | 22nd July 2016 | 21st August 2023 |
2016-17 | Final | 20th July 2017 | 19th August 2024 |
2017-18 | Final | 19th July 2018 | 18th August 2025 |
2018-19 | Final | 22nd July 2019 | 21th August 2026 |
2019-20 | --- | --- | --- |
2020-21 | Final | 25th August 2021 | 24th September 2028 |
2021-22 | Final | 27th August 2022 | 26th September 2029 |
2022-23 | Final | 19th August 2023 | 18th September 2030 |
Details of unpaid/unclaimed dividend transferred to IEPF |
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Transfer of Equity Shares of the Bank to Investor Education and Protection Fund (IEPF) Account.
Pursuant to Section 124(6) of the Companies Act, 2013 and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 ("IEPF Rules") as amended from time to time, all shares in respect of which the dividend has not been paid or claimed for seven consecutive years or more, shall be transferred by the company in the name of IEPF.
Details of shares eligible to be transferred to IEPF |
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Access link to claim refund from the IEPF Authority | Click Here |
Details of shares transferred to IEPF Suspense account.
Shares transferred to IEPF in FY 2017-18 |
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Shares transferred to IEPF in FY 2018-19 |
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Shares transferred to IEPF in FY 2019-20 | Click Here |
Shares transferred to IEPF in FY 2020-21 | Click Here |
Shares transferred to IEPF in FY 2021-22 | Click Here |
Shares transferred to IEPF in FY 2022-23 | Click Here |