Transfer of Shares to IEPF Authority

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....PF) of Concerned Companies All Regional Directors and Registrar of Companies MD & CEO NSDL MD & CEO CDSL Subject: Transfer of Shares to IEPF Authority Pursuant to second proviso to Rule 6 of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 as amended time to time, wherein the seven years period provided under sub-section (5) of se....

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....eet the requirements of the Rules. 4.  All companies which are required to transfer shares to 'EPF Authority under the aforesaid Rules, shall transfer such shares, whether held in dematerialised form or physical form, to the demat accounts of IEPF Authority by way of corporate action. The Information related to the shareholders, whose shares are being transferred to IEPF,s demat accoun....

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.... 6.   Any cash benefit accruing on account of shares transferred to IEPF such as dividend, proceeds realised on account of delisting of equity shares of the company, amount entitled on behalf of security holder if the company is being wound up as per Rule 6, sub-rule (10), (11) and (12) of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 20....