Mumbai, June 18, 2026: Hindustan Petroleum Corporation Limited (HPCL) has issued an important reminder to its shareholders to claim any unclaimed Final Dividend for Financial Year 2018–19 before September 11, 2026, to prevent the dividend amount and eligible shares from being transferred to the Investor Education and Protection Fund Authority (IEPFA).
The announcement was made through a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, ensuring shareholders are informed about the upcoming statutory deadline.
Dividend Scheduled for Transfer to IEPFA
According to HPCL, the unclaimed Final Dividend for FY2018–19 is due to be transferred to the Investor Education and Protection Fund Authority (IEPFA) in September 2026, in accordance with the provisions of the Companies Act, 2013 and the Investor Education and Protection Fund (IEPF) Rules.
The IEPFA is a statutory authority established by the Government of India to manage unclaimed dividends, shares, and other investor-related funds that remain unclaimed for a specified period.
Eligible Shares May Also Be Transferred
HPCL further stated that shares associated with dividends that have remained unclaimed for seven consecutive years or more are also liable to be transferred to the IEPFA.
Accordingly, shares on which dividends have remained unclaimed from FY2018–19 (Final Dividend) through FY2025–26 (Interim Dividend) may also be transferred to the authority if shareholders fail to submit their claims within the prescribed timeline.
September 11, 2026: Final Deadline for Claims
The company has advised shareholders to complete the required claim formalities and submit all necessary documents to its Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited, on or before September 11, 2026.
HPCL emphasized that incomplete or delayed claim submissions received after the deadline may result in the automatic transfer of both the unclaimed dividend and the corresponding shares to the IEPFA, as mandated by law.
Claim Process After Transfer
Once the dividend amount and shares are transferred to the Investor Education and Protection Fund Authority, shareholders will no longer be able to claim them directly from HPCL.
Instead, they will be required to submit a formal application to the IEPFA and follow the prescribed statutory procedure to recover their dividend and shares, which can be more time-consuming than claiming them before the transfer deadline.
Important Advisory for Shareholders
HPCL has strongly encouraged all eligible shareholders to:
- Verify whether any dividend remains unclaimed.
- Complete all required documentation promptly.
- Submit their claims to MUFG Intime India Pvt. Ltd. before September 11, 2026.
- Avoid the transfer of dividends and shares to the IEPFA.
By taking timely action, shareholders can ensure they retain direct access to their dividends and investments without having to undergo the additional recovery process through the statutory authority.