&w=3840&q=100)
RIL dividend: How to check and claim unpaid dividend
Reliance Industries Ltd (RIL) has asked shareholders to claim their unpaid dividends before the due date to avoid transfer of these amounts to the Investor Education and Protection Fund (IEPF). The company's statement is part of a regulatory requirement to inform shareholders before unclaimed dividends and corresponding shares are moved to IEPF's account.
What is IEPF and why your dividends may go there
Under Section 124 of the Companies Act, 2013, any dividend that remains unpaid or unclaimed for seven consecutive years is transferred to IEPF. Along with the unclaimed dividend, corresponding shares on which dividends have not been claimed are also moved to the IEPF account.
RIL listed details of shareholders whose dividends from previous years remain unclaimed. These pertain to FY17, and the transfer to IEPF is scheduled later this year.
How to check if you have unclaimed dividends
Steps to check and claim unpaid dividends:
View the list of unpaid dividends associated with your account
Contact RIL's Registrar and Transfer Agent (KFin Technologies Ltd) for assistance
Claim process before IEPF transfer
Shareholders must apply in writing to KFin Technologies Ltd along with:
A duly signed application
Valid identity proof (PAN/Aadhaar)
Bank details and cancelled cheque
Proof of shareholding
All requests must be submitted before the stipulated cut-off to ensure the dividend is credited and shares are not transferred to the IEPF.
What if your dividends are already with IEPF?
If your dividends and shares have already been transferred to IEPF, you can still claim them by filing Form IEPF-5 online via the Ministry of Corporate Affairs website. Post submission, physical documents must be sent to RIL and the IEPF Authority for verification.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
26 minutes ago
- Economic Times
Canada tables 'One Canadian Economy' Bill to boost domestic trade and infrastructure
Prime Minister Mark Carney's government introduced Bill C-5, the "One Canadian Economy" bill, aiming to dismantle interprovincial trade barriers and expedite infrastructure project approvals. This initiative seeks to unify Canada's internal market, addressing trade tensions with the U.S. The bill targets federal obstacles to trade and labor mobility, potentially boosting the Canadian economy by $200 billion annually. Prime Minister Mark Carney's government has introduced Bill C-5 to dismantle interprovincial trade barriers, expedite major infrastructure projects and to boost domestic trade. It will unify Canada's internal market amid rising trade tensions with the US. (Image Credit: AP) Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Accelerating Nation-Building Projects Tired of too many ads? Remove Ads Responding to US Trade Pressures Legislative Outlook Prime Minister Mark Carney 's government has introduced Bill C-5 , the "One Canadian Economy" bill, to dismantle interprovincial trade barriers and expedite the approval of major infrastructure projects. This legislative move seeks to unify Canada 's fragmented internal market and strengthen its economy amid escalating trade tensions with the United was tabled after a first ministers' meeting in Saskatoon, during which Prime Minister Mark Carney , premiers, and territorial leaders discussed expediting major projects and interprovincial trade. The proposed legislation targets the elimination of federal obstacles to interprovincial trade and labor said that these internal barriers cost the Canadian economy approximately $200 billion annually. By aligning federal regulations with those of the provinces and territories, the bill will create a cohesive national market for the free movement of goods, services, and labor across Canada.'With the 'One Canadian Economy' bill, we are aligning federal rules and regulations with those from the provinces and territories, helping to create one market, not 13,' Carney said on Friday, June Canadian Chamber of Commerce supported the initiative, noting that while it may not entirely counteract the effects of a trade war with the US, it represents a significant step toward internal economic Holmes, the Chamber's chief of public policy, stated that eliminating exceptions to the Canadian Free Trade Agreement is a logical progression toward true free trade within addition to addressing trade barriers, the bill proposes a streamlined process for approving major infrastructure projects deemed of national interest. The government plans to establish a federal office dedicated to expediting project approvals, potentially reducing timelines from up to a decade to just two projects would include those in the energy, mining, and transportation sectors, provided they offer significant economic and environmental benefits, such as carbon emission reductions and support for Indigenous provincial governments' autonomy, Carney has assured that no projects will proceed without their some provinces, including Alberta and British Columbia, have expressed differing views on specific introduction of the "One Canadian Economy" bill comes in the wake of increased US tariffs on Canadian exports. Carney has labeled these tariffs as "unlawful" and emphasized the need for Canada to bolster its domestic approach includes engaging with the oil industry to balance environmental goals with economic have centered around supporting new pipelines and carbon capture initiatives, aiming to position Canada as an energy leader while reducing reliance on U.S. government wants to pass the "One Canadian Economy" bill before Parliament's summer recess, though the timeline remains tight. As a minority government, the Liberals will need to garner support from opposition parties to ensure the bill's outcome will significantly influence Canada's economic strategy and its ability to navigate current and future trade legislative effort represents a bold move toward unifying Canada's internal market and enhancing its economic sovereignty. If successful, it could pave the way for increased domestic trade, improved infrastructure, and a more resilient national economy.
Time of India
29 minutes ago
- Time of India
Canada tables 'One Canadian Economy' Bill to boost domestic trade and infrastructure
Prime Minister Mark Carney 's government has introduced Bill C-5 , the "One Canadian Economy" bill, to dismantle interprovincial trade barriers and expedite the approval of major infrastructure projects. This legislative move seeks to unify Canada 's fragmented internal market and strengthen its economy amid escalating trade tensions with the United States. It was tabled after a first ministers' meeting in Saskatoon, during which Prime Minister Mark Carney, premiers, and territorial leaders discussed expediting major projects and interprovincial trade. The proposed legislation targets the elimination of federal obstacles to interprovincial trade and labor mobility. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Linda Kozlowski, 67, Shows Off Her Perfect Figure In A New Photo Today's NYC Undo Also Read: Canada Citizenship Bill addresses 'Lost Canadians' and First Generation Limit'; check features and eligibility Carney said that these internal barriers cost the Canadian economy approximately $200 billion annually. By aligning federal regulations with those of the provinces and territories, the bill will create a cohesive national market for the free movement of goods, services, and labor across Canada. Live Events 'With the 'One Canadian Economy' bill, we are aligning federal rules and regulations with those from the provinces and territories, helping to create one market, not 13,' Carney said on Friday, June 6. The Canadian Chamber of Commerce supported the initiative, noting that while it may not entirely counteract the effects of a trade war with the US, it represents a significant step toward internal economic integration. Matthew Holmes, the Chamber's chief of public policy, stated that eliminating exceptions to the Canadian Free Trade Agreement is a logical progression toward true free trade within Canada. Accelerating Nation-Building Projects In addition to addressing trade barriers, the bill proposes a streamlined process for approving major infrastructure projects deemed of national interest. The government plans to establish a federal office dedicated to expediting project approvals, potentially reducing timelines from up to a decade to just two years. Eligible projects would include those in the energy, mining, and transportation sectors, provided they offer significant economic and environmental benefits, such as carbon emission reductions and support for Indigenous communities. Respecting provincial governments' autonomy, Carney has assured that no projects will proceed without their consent. However, some provinces, including Alberta and British Columbia, have expressed differing views on specific projects. Responding to US Trade Pressures The introduction of the "One Canadian Economy" bill comes in the wake of increased US tariffs on Canadian exports. Carney has labeled these tariffs as "unlawful" and emphasized the need for Canada to bolster its domestic economy. Carney's approach includes engaging with the oil industry to balance environmental goals with economic growth. Also Read: Why bananas may soon be a luxury in America; Chiquita's layoffs in Panama hold the answer Discussions have centered around supporting new pipelines and carbon capture initiatives, aiming to position Canada as an energy leader while reducing reliance on U.S. markets. Legislative Outlook The government wants to pass the "One Canadian Economy" bill before Parliament's summer recess, though the timeline remains tight. As a minority government, the Liberals will need to garner support from opposition parties to ensure the bill's passage. The outcome will significantly influence Canada's economic strategy and its ability to navigate current and future trade challenges. This legislative effort represents a bold move toward unifying Canada's internal market and enhancing its economic sovereignty. If successful, it could pave the way for increased domestic trade, improved infrastructure, and a more resilient national economy.
Economic Times
an hour ago
- Economic Times
Indians eye other visa routes amid H-1B uncertainty, layoffs
Amid tightened scrutiny of H-1B work visa applications and ongoing tech layoffs in the US, Indian professionals and their employers are increasingly looking at other non-immigrant visas such as L-1 and O-1, immigration experts is also a spike in demand for EB-5 immigrant investor these developments are not new, there has been an increase in the number of people seeking help in the past few months, US immigration attorney Gnanamookan Senthurjothi told new Donald Trump administration has tightened scrutiny of H-1B visas since taking office early this year. According to the data from the United States Citizenship and Immigration Services (USCIS), the number of H-1B visa applications shortlisted this year has declined 27% on year—the lowest since the pandemic-impacted year, the US has been approving 85,000 H-1B visas for foreign workers, with Indians securing close to 70% of these visas. Layoffs by tech majors including Microsoft, Google and Intel have added to the anxiety of Indians working in the US. 'Our clients have become more fearful and anxious, particularly regarding international travel and visa 'stamping' at consular posts abroad,' said Joel Yanovich, attorney at immigration firm Murthy Law Firm. 'I don't think a day goes by where I don't have a client or two asking me whether it's safe to travel.'All this has led to an uptick in demand for L-1 and O-1 visa categories, which do not have annual limits like H-1B. While L-1 visa is for intracompany transfer, O-1 is for those possessing extraordinary ability in the areas including science, arts or business. Visa alternatives 'Part of this (spike in L-1 and O-1 demand) is seasonal, based on people not being selected for the H-1B lottery,' Yanovich said. 'But part of this appears to stem from employers and individuals hoping to avoid the heightened scrutiny they fear the H-1B program may face.'Sukanya Raman, country head - India & GCC practice team at Davies & Associates LLC, said, 'What we are also seeing is that some companies are transferring their employees to other countries such as Canada or somewhere outside of the US for a brief time so that they will qualify for L-visa.'This applies to those in the managerial position and can eventually transition to EB-1C to get the US green card, she are also considering EB-2 NIW (National Interest Waiver), which is for individuals possessing advanced degrees that are working for national interest in the US, Raman demand for EB-5 investor visas has also increased 50% since January 2025. 'These are in current status for Indian nationals, which means that visas are available and can get their authorisation and travel documents in 3-6 months,' Raman said. 'This will allow them to legally stay in the US.'The EB-5 is particularly in demand from Indian families who are currently in H-1B and their children are aging out, which refers to children who are turning 21 before parents get their green card, she said.
