Cochin International Airport (CIAL) has issued a final notice to around 150 early shareholders who have not claimed their shares or dividends for years. Collectively, they hold 1,07,890 shares, currently valued at nearly ₹5 crore based on the private-market price of around ₹450 per share.
The shareholders are spread across India, the UAE, Germany and the US, with some having likely relocated or passed away, making it difficult for CIAL to trace them. These investors were among the early contributors who helped fund the airport's development more than three decades ago.
CIAL has set October 21, 2026 as the final deadline for valid claims. If shareholders do not come forward, their shares will be transferred to the Investor Education and Protection Fund Authority (IEPFA) on October 28.
The development highlights the transformation of CIAL since its early fundraising phase. The airport operator reported ₹1,220 crore revenue and ₹502 crore net profit in FY26, while its board has recommended a 55% dividend for the year.