Maharashtra Seamless Limited has informed the Exchange about Intimation regarding notice given to shareholders for transfer of equity shares IEPF
MAHSEAMLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Maharashtra Seamless Limited has informed exchanges about sending individual notices to shareholders on 6th May, 2026, who have not claimed dividends for seven consecutive years starting from FY 2018-19. These shareholders risk having their equity shares transferred to the Investor Education and Protection Fund (IEPF) during FY 2026-27. The deadline to claim unpaid/unclaimed dividends is 15th October, 2026. The company has provided separate procedures for demat and physical shareholders to claim their dividends, requiring identity documents and bank account details. After transfer to IEPF, any corporate benefits on these shares will also be credited to the IEPF account.
This is a routine regulatory compliance action and has minimal direct impact on the stock price. Affected shareholders who fail to claim dividends by the deadline will have their shares transferred to IEPF, which may slightly reduce the company's public shareholder count.