GOVERNMENT OF MINISTRY OF CORPORATE AFFAIRS

LOK SABHA UNSTARRED QUESTION NO. 5940 ANSWERED ON THURSDAY, THE 2ND MAY, 2013 [VAISAKHA 12, 1935 (SAKA)]

UNCLAIMED DIVIDEND OF COMPANIES

QUESTION

5940. SHRI TUFANI SAROJ:

Will the Minister of CORPORATE AFFAIRS कारपोरेट कार्य मंत्री be pleased to state:

(a) whether a huge amount of dividend payment is lying unclaimed with the top 50 blue chip companies of the country;

(b) if so, the total amount of dividend payment lying unclaimed; and

(c) the names of such companies along with the details of the amount of dividend payment lying unclaimed with them?

ANSWER

THE MINISTER OF STATE (INDEPENDENT CHARGE) (SHRI SACHIN PILOT) IN THE MINISTRY OF CORPORATE AFFAIRS कारपोरेट कार्य मंत्रालर् मᴂ रा煍र् मंत्री (वतंत्र प्रभार) (श्री सचिन पार्लट)

(a) to (c): According to data available on the ‘MCA21’ portal, an amount of Rs.1101.35 crores is presently available with 1406 companies on account of unpaid and unclaimed dividends. A list of 50 companies having the largest amount of unpaid and unclaimed dividends is at Annexure.

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ANNEXURE ANNEXURE REFERRED TO IN ANSWER TO PARTS (a) TO (c) OF LOK SABHA UNSTARRED QUESTION NO. 5940 FOR 2ND MAY, 2013 REGARDING UNCLAIMED DIVIDEND OF COMPANIES.

SR. COMPANIES NAMES AMOUNT OF UNCLAIMED NO. AND UNPAID DIVIDEND (IN RS. OF CRORE) 1 LIMITED 112.88 2 ITC LIMITED 74.34 3 LIMITED 49.05 4 HERO MOTOCORP LIMITED 40.22 5 LIMITED 38.53 6 LAKSHMI VILAS BANK LIMITED 34.14 7 ICICI BANK LIMITED 19.17 8 LARSEN AND TOUBRO LIMITED 18.69 MANGALORE REFINERY AND PETROCHEMICALS 9 LTD 14.23 10 IDBI BANK LIMITED 13.59 11 LIMITED 13.55 12 LIMITED 12.03 13 JINDAL STEEL AND POWER LIMITED 11.54 14 JAIPRAKASH ASSOCIATES LIMITED 10.94 15 COROMANDEL INTERNATIONAL LIMITED 10.94 16 MAHINDRA AND MAHINDRA LIMITED 9.86 17 HOUSING DEVELOPMENT FINANCE 9.32 CORPORATION LTD CHAMBAL FERTILISERS AND CHEMICALS 18 LIMITED 9.01 19 TATA CHEMICALS LIMITED 8.77 20 LTD 8.63 21 COLGATE-PALMOLIVE (INDIA) LIMITED 8.60 22 LIMITED 8.59 23 LIMITED 8.45 24 LTD 8.43 25 INDIAN OIL CORPN. LIMITED 8.28 26 TATA CONSULTANCY SERVICES LIMITED 7.95 THE GREAT EASTERN SHIPPING COMPANY 27 LIMITED 7.07 28 THE TATA POWER COMPANY LIMITED 6.97 29 HDFC BANK LIMITED 6.42 30 LIMITED 6.33 31 BAJAJ HOLDINGS & INVESTMENT LIMITED. 5.71 32 POWER GRID CORPORATION OF INDIA LIMITED 5.39 33 LIMITED. 5.33 34 KIRLOSKAR BROTHERS LIMITED 5.30 35 LIMITED 5.11 36 ASHOK LEYLAND LIMITED 5.06 37 GODREJ CONSUMER PRODUCTS LIMITED 4.93 38 LIMITED 4.66 39 SRF LIMITED 4.65 40 SATYAM COMPUTER SERVICES LTD 4.41 41 PIRAMAL ENTERPRISES LIMITED 4.28 42 PETRONET LNG LIMITED 4.25 THE PEERLESS GENERAL FINANCE & 43 INVESTMENT CO LTD 4.25 44 CHENNAI PETROLEUM CORPORATION LIMITED 4.13 45 AKZO NOBEL INDIA LIMITED 4.09 46 TATA GLOBAL BEVERAGES LIMITED 3.96 47 DABUR INDIA LIMITED 3.86 48 PFIZER LIMITED 3.83 49 AMBUJA EXPORTS LIMITED 3.83 50 HCL INFOSYSTEMS LIMITED 3.82 *****