Announced Thu, 18 Jun · 16:36 IST
Notice of shares transfer to IEPF Authority
Compliance View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹1099.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.0-4.5-2.2-0.5-2.6+2.1+11.5+6.5——
Up moveDown movePending
AI summary
Magna Electro Castings has published a newspaper notice informing shareholders that their equity shares will be transferred to the Investor Education and Protection Fund Authority. This typically happens when dividends or shares remain unclaimed for seven or more consecutive years. Shareholders are advised to claim their entitlements before the transfer date to avoid losing ownership of their shares.
Likely market impact
Shareholders with unclaimed dividends or shares for seven plus years should act quickly to claim them before transfer to IEPF.