Elecon Engineering Company has notified shareholders via a formal letter dated May 11, 2026, about the impending transfer of equity shares to the IEPF Account for those who have not claimed dividends for seven consecutive years from FY 2018-2019 onwards. The action is being undertaken under Section 124(6) of the Companies Act, 2013 and the IEPF Authority Rules, 2016. Shareholders must claim their unpaid dividends on or before October 5, 2026, through the company's Registrar and Share Transfer Agent, M/s. MUFG Intime India Private Limited, to avoid the transfer. Shares already transferred to IEPF can be reclaimed by filing e-Form No. IEPF-5 with the IEPF Authority.
Elecon Engineering Company Notifies Shareholders of Pending IEPF Share Transfer Deadline