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Investor Education Protection Fund

Process to claim unpaid / unclaimed dividend / equity shares transferred to Investor Education and Protection Fund Authority

Transfer to Investor Education and Protection Fund

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.

Kotak Mahindra Bank Limited (KMBL)
Year Dividend- Type Date of Declaration Due Date of Transfer
2016-17 Final 20th July 2017 19th August 2024
2017-18 Final 19th July 2018 18th August 2025
2018-19 Final 22 nd July 2019 21th August 2026
2019-20 --- --- ---
2020-21 Final 25th August 2021 24th September 2028
2021-22 Final 27th August 2022 26thSeptember 2029

 

Details of unpaid / unclaimed dividend warrants Click Here

 

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
Click Here
Access link to claim refund from the IEPF Authority Click Here