aviation

Transfer of equity shares to the Investor Education and Protection Fund

In terms of Section 124 of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, shares of the Company in respect of which dividend entitlements have remained unclaimed or unpaid for seven consecutive years or more, are required to be transferred by the Company to the Investor Education and Protection Fund (IEPF) of the Government of India.

(i) Details of Equity Shares transferred to the IEPF

The shares on which dividends were unclaimed for seven consecutive years were transferred to the demat account of the IEPF Authority. Accordingly, shares of IndianOil were transferred to the demat account of IEPF as per details given below

Sl. No. Particulars of Dividend / Bonus issue Date of Transfer
1 Final Dividend 2009-10 30.11.2017
2 Bonus Shares (1:1) 23.03.2018
3 Final Dividend 2010-11 29.11.2018
4 Final Dividend 2011-12 12-11-2019
5 Final Dividend 2012-13 19-11-2020
6 Final Dividend 2013-14 23-10-2021
7 Bonus Shares 2022 (1:2) 06-07-2022
8 Final Dividend 2014-15 11-11-2022
9 Interim Dividend 2015-16 06-04-2023
10 Final Dividend 2015-16 01-11-2023

To check the details of Shares transferred to IEPF authority, investors are requested to input the following details pertaining to their shareholding:

Folio No.(Eg:IOC000000)

OR

Demat Accout No.(16 Digit)

NSDL - 8 alphanumeric DP ID and 8 digit client ID (Eg: IN300000 1000000)

CDSL - 16 digit client ID (Eg: 1200000000000000)

Shareholders may note that the shares/dividend transferred to IEPF can be claimed by making an application to the Authority in Form IEPF 5 (to be filed online) at the following link http://www.iepf.gov.in/IEPF/refund.html

(ii) Details of Equity Shares liable to be transferred to the IEPF

1st Interim Dividend and 2nd Interim Dividend for the FY 2016-17 are due for transfer to IEPF in March 2024 and April 2024 respectively. Pursuant to IEPF rules, the Company will also transfer the shares on which all dividends has remained unclaimed for a consecutive period of seven years w.e.f. 2016-17. Separate notices in this regard have been sent to each such shareholder to claim the unpaid dividends by communicating with the RTA – KFin Technologies Limited on or before 31st January 2024 and 25th March 2024 respectively.

To check the details of Shares liable to be transferred to IEPF authority, investors are requested to input the following details pertaining to their shareholding:

Folio No.(Eg:IOC000000)

OR

Demat Accout No.(16 Digit)

NSDL - 8 alphanumeric DP ID and 8 digit client ID (Eg: IN300000 1000000)

CDSL - 16 digit client ID (Eg: 1200000000000000)