Mahindra Lifespace Developers Limited has informed the Exchange about Copy of Newspaper Publication
MAHLIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mahindra Lifespace Developers has published a newspaper notice informing shareholders about the mandatory transfer of equity shares to the Investor Education and Protection Fund (IEPF). This transfer applies to shares where dividends have remained unclaimed for seven or more consecutive years, as mandated under Section 124(6) of the Companies Act, 2013 and IEPF Rules, 2016. The company has uploaded details of affected shareholders (including names, DP ID-Client ID/Folio numbers) on its website. Shareholders holding physical shares will receive new share certificates, while dematerialised shares will be transferred via corporate action. The deadline to claim unclaimed dividends for FY 2018-19 is 27th August 2026, with requests to be submitted by 10th August 2026. Affected shareholders can contact Kfin Technologies Limited (Registrar) for claims.
This is a routine regulatory compliance action with no direct impact on the company's stock price. Affected shareholders who fail to claim unclaimed dividends by the deadline will lose their shares to IEPF, reducing their holdings in the company.