Iepf 5.. Srn status

This query is : Resolved

Report Abuse Follow Query Ask a Query

Vandana Sood

Vandana Sood (Querist)
Follow

07 September 2021 What is Pevr in srn status... Had applied for dividends transferred to iepf

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
Follow

09 July 2024 In the context of your query, "Pevr" in SRN status likely stands for "Pending for Evoting Result." This status typically indicates that the resolution for transferring dividends to IEPF (Investor Education and Protection Fund) has been proposed during an electronic voting (e-voting) process by shareholders of the company.

Here's a breakdown of what this typically means:

1. **Electronic Voting (Evoting):** Companies often conduct evoting to seek approval from their shareholders on various matters, including the transfer of dividends to IEPF. Shareholders can vote electronically through a designated platform.

2. **Pending for Evoting Result (Pevr):** This status suggests that the evoting process has been completed, and now the company is awaiting the results of the evoting from its shareholders.

3. **Dividends to IEPF:** When dividends remain unclaimed or unpaid for a certain period, companies are required to transfer them to the Investor Education and Protection Fund (IEPF) as per regulatory requirements. This ensures that shareholders' unclaimed dividends are safeguarded and can be claimed by rightful owners through a structured process managed by IEPF.

### Next Steps:

- **Awaiting Results:** If the status shows Pevr, it means the company is waiting for the outcome of the evoting process.

- **Completion of Process:** Once the evoting results are tallied and if the resolution is passed (depending on shareholder votes), the company will proceed with the necessary actions, such as transferring the dividends to IEPF as per applicable regulations.

### Checking Status:

To get the most accurate and specific information regarding your SRN status (Service Request Number), especially related to dividends transfer to IEPF, it's recommended to refer to the company's official communications, registrar and transfer agent (RTA), or the Ministry of Corporate Affairs (MCA) portal where you filed the request. These platforms typically provide detailed updates on the status of such transactions.

If you need precise details or have specific questions regarding your SRN status or the evoting results, reaching out to the company's investor relations department or their designated point of contact for shareholder queries would be beneficial. They can provide direct assistance and clarify any further steps required on your part.