According to data available on the ‘MCA21’ portal of the Ministry of Corporate Affairs, an amount of Rs.1,101.35 crore is presently available with 1,406 companies on account of unpaid and unclaimed dividends. Giving this information in written reply to a question in the Lok Sabha today Shri Sachin Pilot, Minister of Corporate Affairs, said that the list of 50 companies having the largest amount of unpaid and unclaimed dividends contains the following names:

Reliance Industries Limited, ITC Limited, Hindustan Unilever Limited, Hero Motocorp Limited, Tata Steel Limited, Lakshmi Vilas Bank Limited, ICICI Bank Limited, Larsen And Toubro Limited, Mangalore Refinery And Petrochemicals Ltd, IDBI Bank Limited, Cipla Limited, Tata Motors Limited, Jindal Steel And Power Limited, Jaiprakash Associates Limited, Coromandel International Limited, Mahindra And Mahindra Limited, Housing Development Finance Corporation Ltd, Chambal Fertilisers And Chemicals Limited, Tata Chemicals Limited, Grasim Industries Ltd, Colgate-Palmolive (India) Limited, Reliance Communications Limited, Reliance Infrastructure Limited, Reliance Capital Ltd, Indian Oil Corporation Limited, Tata Consultancy Services Limited, The Great Eastern Shipping Company Limited, The Tata Power Company Limited, HDFC Bank Limited, Hindalco Industries Limited, Bajaj Holdings & Investment Limited, Power Grid Corporation Of India Limited, Bajaj Auto Limited, Kirloskar Brothers Limited, Torrent Power Limited, Ashok Leyland Limited, Godrej Consumer Products Limited, Asian Paints Limited, SRF Limited, Satyam Computer Services Ltd, Piramal Enterprises Limited, Petronet LNG Limited, The Peerless General Finance & Investment Co Ltd., Chennai Petroleum Corporation Limited, Akzo Nobel India Limited, Tata Global Beverages Limited, Dabur India Limited, Pfizer Limited, Gujarat Ambuja Exports Limited and HCL Infosystems Limited.

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(Release ID :95460)

Unpaid dividends reporting: disclosure lists top companies holding substantial unclaimed dividend balances, prompting corporate compliance review. The MCA21 portal reports an unpaid and unclaimed dividend aggregate of Rs.1,101.35 crore across 1,406 companies, disclosed in a written parliamentary reply. A list identifying the fifty companies with the largest unpaid and unclaimed dividend amounts is published, naming specific corporate entities across multiple sectors.