Both listed and delisted companies have contributed Nu 87.4 million in unclaimed funds to RSEB. Bhutan Insurance Limited, Royal Insurance Corporation of Bhutan, and Druk PNB Bank have the highest share of unclaimed profits. The State Trading Corporation of Bhutan, Penden Cement Authority Limited, Bhutan National Bank Limited, Dungsam Polymer Limited, Bhutan Polymers Company Limited, Druk Ferro Alloys Limited, and Kuensel Corporation Limited are additional contributors. With Nu 4.98 million in unclaimed share earnings, S.D. EBCC has the most amount of any delisted company. Shareholders can now examine and claim their entitlements through a new system that RSEB has launched. The claims will be processed and remitted in two to three working days.
The IPF Regulation 2024, implemented in collaboration with the CRA, aims to protect investors’ rights and interests by managing unclaimed dividends, share proceeds, and surplus funds transparently and efficiently. RSEB mandates companies listed on the bourse to transfer unclaimed dividends or share proceeds three months after due date. A dedicated team verifies data, processing payments promptly. RSEB has already disbursed Nu 2.1 million to 400 shareholders, protecting shareholders and strengthening public trust.