Newspaper publication regarding prior intimation for transfer of shares to the Investor Education and Protection Funds.
MAITHANALL · price
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Maithan Alloys Ltd has published newspaper advertisements in Financial Express (English) and Arthik Lipi (Bengali) on May 28, 2026, providing prior intimation about the potential transfer of shares to the Investor Education and Protection Fund (IEPF). This is a mandatory compliance requirement under the Companies Act 2013 and IEPF Authority Rules, 2016. The notice informs shareholders that shares underlying unclaimed dividends for 7 consecutive years may be transferred to IEPF. Investors holding shares with unclaimed dividends should claim them before the deadline to avoid losing ownership of their shares.
This is routine regulatory compliance with no direct impact on stock price or company operations. However, affected shareholders risk losing their shares if they fail to claim outstanding dividends before the transfer date.