Newspaper Advertisement giving notice to shareholders about proposed transfer of shares to IEPF Authority.
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Magna Electro Castings Ltd (Scrip Code: 517449, ISIN: INE437D01010) has published newspaper notices in Financial Express (English) and Malai Malar (Tamil) on 19th July 2025, informing shareholders about the upcoming transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. The transfer applies to shares where the final dividend for FY 2017-18 has remained unclaimed for seven consecutive years, as required under Section 124 of the Companies Act, 2013. The record date (cut-off) for identifying eligible shares is 18th August 2025, after which shares will be moved to IEPF. Shareholders can contact the Registrar, MUFG (formerly Link Intime) in Coimbatore, or visit the company's website (www.magnacast.com/investors/iepf) to claim their dividends before the transfer. This is a routine compliance filing submitted under Regulation 47 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
Shareholders holding Magna Electro Castings shares whose dividends have been unclaimed since FY 2017-18 should act before 18th August 2025 to avoid losing their shares to the IEPF Authority. After the transfer, reclaiming shares becomes a longer and more cumbersome process through IEPF forms and procedures.