Unclaimed Shares

In view of the above provisions and in compliance with the IEPF Rules, the Bank has sent individual notices to the respective Shareholders, through permitted mode, on their latest addresses available with the Bank/ Registrar and Share Transfer Agent (‘RTA’), inter alia, providing the details of shares due to be transferred to the IEPF Authority. In addition to the individual notices and in compliance with the IEPF Rules, the Bank has also issued newspaper notices, for the benefit of the Shareholders, in a leading newspaper in English and in regional languages in newspapers having wide circulation, on April 24, 2026, informing the concerned Shareholders that their names and folio number/ DP ID - Client ID are available on the website of the Bank, duly mentioning the website address. The Bank, vide the said individual notices and newspaper notices, has intimated the concerned Shareholders that the last date for claiming their unpaid or unclaimed dividends is August 02, 2026 (for dividend declared by Bandhan Bank) and August 22, 2026 (for dividend declared by GRUH), failing which, their equity shares will be transferred to the IEPF Authority after the said dates. The said newspaper advertisements were made in English and in Gujarati in The Financial Express and in Bengali in Aajkaal. To view the said newspaper notices,

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A. List of shareholders whose shares will be transferred to the IEPF Authority after August 02, 2026 (for dividend declared by Bandhan Bank) and after August 22, 2026 (for dividend declared by GRUH)

Unclaimed shares

B. Due dates for transfer of Shares to IEPF Authority

The shareholders who have not claimed the dividend for seven consecutive years are requested to claim the unclaimed dividend amount(s) well within the due dates, failing which their shares will be transferred to IEPF Authority within 30 days from date of completion of seven years. The due date for such transfer is mentioned hereunder for your information:

*Pursuant to RBI Circular No. RBI/2019-20/218 DOR.BP.BC.No.64/21.02.067 /2019-20 dated April 17, 2020, whereby banks were advised not to make any further dividend payouts from profits pertaining to the financial year ended March 31, 2020. Therefore, the Bank had not declared dividend for the FY 2019-2020

As per provisions of Section 124(5) of the Companies Act, 2013 and Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (IEPF Rules), any money transferred to the Unpaid Dividend Account which remains unpaid or unclaimed for a period of seven years from the date of such transfer shall be transferred to IEPF. Further, in terms of Section 124(6) of the Companies Act, 2013 and the IEPF Rules, all shares in respect of which dividend has not been paid or claimed for 7 consecutive years or more, shall be transferred by the Bank to IEPF. 

Therefore, shares on which dividend was not claimed by the shareholder for 7 consecutive years or more has already been transferred to IEPF. Once the shares are transferred to IEPF, all the future benefits accruing to such shares including dividend are also transferred to IEPF. 

However, once the equity shares or dividends are transferred to IEPF, the concerned shareholder/claimant can claim the same from IEPF Authority, by following below process:

1. By making a request to the Bank/ RTA along with physical copy of the requisite documents as enumerated in the web based Form IEPF – 5 and IEPF Rules, duly signed, in original, for issuance of ‘Entitlement Letter’, at the addresses mentioned in the below tab ‘Contact details of the Nodal Officer /RTA’.
   (In terms of IEPF Circulars, the Bank is required to verify all the documents before issue of Entitlement Letter. Accordingly, you are requested to submit the original documents complete in all respect pertaining to the claim to the Bank or its RTA)
2. After due verification of documents by RTA/the Bank, Entitlement Letter would be issued to the eligible claimant. On receipt of Entitlement Letter, make an application in web based Form IEPF-5 available at https://www.mca.gov.in/ along with Entitlement Letter; and
3. Thereafter, send the self-certified copy of Form IEPF-5 along with acknowledgment generated on filing of Form IEPF-5, and signed copy of the Indemnity Bond, to the Bank/RTA.  

Further, in terms of the provisions of the IEPF Rules, the Bank is required to submit the e-verification report to the IEPF Authority within 30 days from the date of filing of web-based e-form IEPF-5. In case the original documents complete in all respect is not received by the Bank well within 30 days from the date of filing of web-based e-form IEPF-5, the Bank would be bound to file e-verification report for rejection of such claims. Upon submission of e-verification report by the Bank, the IEPF Authority shall verify the documents as submitted by such shareholder may approve/ reject such claim.

For more information, shareholders are requested to refer the link mentioned below:

https://www.iepf.gov.in/content/iepf/global/master/Home/Home.html

Bandhan Bank Limited
Secretarial Department
Floors 12-14, Adventz Infinity@5
BN 5, Sector V, Salt Lake,
Kolkata – 700 091
Tel.: 033-66090909
E-mail: investors@bandhanbank.com
Website: www.bandhan.bank.in

KFin Technologies Limited
(Unit.: Bandhan Bank Limited)
Selenium Tower B, Plot 31&32, Financial District,
Nanakramguda, Serilingampally Mandal
Hyderabad 500032, Telangana.
Tel.: 1800-309-4001
E-mail: einward.ris@kfintech.com