Mahindra Holidays & Resorts India Limited has informed the Exchange about Copy of Newspaper Publication
MHRIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mahindra Holidays & Resorts India Limited (Club Mahindra) has submitted copies of a newspaper notice to NSE and BSE regarding the transfer of certain equity shares to the Investor Education and Protection Fund (IEPF) Authority. The notice was published on May 28, 2025 in Business Standard (English) and Sakal (Marathi) newspapers. As per IEPF Rules 2016, shares of shareholders who have not claimed dividends for 7 or more consecutive years are eligible for transfer to the IEPF Authority. The company has also uploaded the intimation on its website www.clubmahindra.com. This is a routine regulatory compliance filing under SEBI Listing Regulations.
Shareholders of MHRIL who have not claimed dividends for 7+ consecutive years risk having their shares transferred to the IEPF Authority, after which claiming them back becomes a longer process. The stock price is unlikely to be materially affected as this is a standard annual compliance notice, not a business event.