Unilever Nepal Uncollected Dividend notice urges shareholders to claim funds
30th April 2026, Kathmandu
Unilever Nepal Limited, one of the most prominent consumer goods companies in the country, has recently issued a critical public notice regarding unclaimed funds.
Unilever Nepal Uncollected Dividend
The company is urging its shareholders to collect their Unilever Nepal Uncollected Dividend amounts within a strict 30-day window. This move is part of the company’s effort to clear its financial records and ensure that dividends reach the correct beneficiaries or their legal heirs before the funds are legally transferred to government-managed protection accounts.
Understanding the Source of Unclaimed Dividends
The uncollected funds primarily stem from dividends approved during the company’s 27th Annual General Meeting (AGM). These payments specifically date back to the fiscal year 2076/77. Over time, dividends can remain unclaimed due to various reasons, such as outdated contact information, changes in address, or the death of a shareholder without an updated nominee record.
According to the official data released by the company:
A total of Rs 693,330 currently remains in the company’s accounts as unclaimed dividends.
These funds belong to a group of eligible shareholders who have yet to complete the necessary collection formalities.
For investors, this serves as a reminder to periodically check their dividend history, especially with high-performing blue-chip companies like Unilever Nepal.
Where and How to Claim Your Pending Funds
Unilever Nepal Limited has streamlined the claim process to assist its shareholders in recovering their money. The share registry functions of the company are managed by Laxmi Sunrise Capital Limited. To initiate a claim for the Unilever Nepal Uncollected Dividend, shareholders or their authorized legal heirs must visit the registrar’s office within the 30-day period starting from the date of the public notice.
To ensure a successful claim, you must carry the following documents:
Share Certificate: The original physical share certificate or evidence of dematerialized shares.
Identification: A valid government-issued identification document, such as a Citizenship Certificate or Passport.
Proof of Relationship: If the legal heir is claiming on behalf of a deceased shareholder, proper legal documentation and relationship certificates are required.
The Legal Consequences of Missing the Deadline
It is vital for shareholders to act promptly because there are strict legal provisions governing unclaimed corporate funds in Nepal. Unilever Nepal has highlighted that this notice follows the regulations stipulated in the Companies Act, 2063. Specifically, Section 183 of the Act mandates the handling of dividends that remain unclaimed for a long period.
If a shareholder fails to claim their dividend within the specified 30-day timeframe:
- The uncollected amount will be permanently transferred to the Investor Protection Fund.
- Once the funds are moved to this fund, the process for individual recovery becomes significantly more complex and time-consuming.
This legal deadline is designed to prevent companies from holding onto old liabilities indefinitely while ensuring the funds are used for the broader benefit of the investing community if left unclaimed.
Why You Should Act Immediately
For many small-scale investors, the amount might seem minor, but collectively, these funds represent a significant portion of shareholder wealth. Beyond the monetary value, claiming your dividends ensures that your shareholder records are updated. This often leads to a smoother experience for future corporate actions, such as bonus share distributions or voting rights in upcoming AGMs. Given the 30-day limit, checking your records today is a proactive step toward protecting your financial interests.
Conclusion: Don’t Let Your Dividends Go Unclaimed
The notice regarding the Unilever Nepal Uncollected Dividend is a final opportunity for eligible investors to secure their earnings from the fiscal year 2076/77. With Rs 693,330 on the line, the company is demonstrating transparency by reaching out to its investors before the mandatory transfer to the Investor Protection Fund. If you or your family members hold shares in Unilever Nepal, visit Laxmi Sunrise Capital Limited immediately to verify your status. Timely action will ensure that your investment continues to provide the returns you earned, keeping your capital safe and within your control.
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