Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication regarding notice shareholders for transfer of equity shares into IEPF
MAHSEAMLES · price
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Maharashtra Seamless Limited has published a newspaper notice informing shareholders about the upcoming transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF). This transfer is mandated under Section 124 of the Companies Act, 2013 for shares where dividends have remained unpaid or unclaimed for seven consecutive years. The company has sent individual communications to affected shareholders at their latest available addresses. Shareholders holding shares in physical form need to submit required documentation for conversion to demat format before the deadline. The final deadline to claim dividends from FY 2018-19 onwards is August 12, 2026.
This is a routine compliance filing with no direct impact on the company's stock price. Shareholders with unclaimed dividends risk losing their shares if they fail to claim by the deadline.