Mahindra Lifespace Developers Limited has informed the Exchange about Copy of Newspaper Publication - Newspaper Advertisement for the transfer of Equity Shares to IEPF
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Awaiting price reaction for this filing.
Mahindra Lifespace Developers has published a notice in Business Standard (English) and Sakal (Marathi) on May 22, 2025, informing shareholders that equity shares whose dividends have remained unclaimed for seven consecutive years (from FY 2017-18 onwards) will be transferred to the IEPF. The last date to claim the FY 2017-18 dividend is August 30, 2025, and shareholders must submit their claim to the Registrar and Transfer Agent, Kfin Technologies, by August 18, 2025. If no valid claim is received, the company will transfer the shares to the IEPF without any further notice, and no claims will be entertained thereafter. The full list of affected shareholders (name, DP ID/Client ID/Folio number) is available on the company's website.
This is a routine regulatory compliance filing under SEBI LODR Regulation 47 and Section 124(6) of the Companies Act, 2013, with no impact on the stock price. However, shareholders who have not encashed dividends since FY 2017-18 must act quickly (by August 18, 2025) to avoid having their shares permanently transferred to the government-run IEPF.