Manaksia Limited has informed the Exchange about Copy of Newspaper Publication regarding notice to shareholders for transfer of shares to IEPF
MANAKSIA · price
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Awaiting price reaction for this filing.
Manaksia Limited has published a notice in newspapers informing shareholders that certain shares are proposed to be transferred to the Investor Education and Protection Fund (IEPF). This is a routine compliance requirement under the Companies Act, typically applied to shares where dividends have remained unclaimed for seven or more consecutive years. Shareholders whose shares are part of this transfer are being given a final opportunity to claim them by updating their KYC details and encashing pending dividends. The actual newspaper clipping has been filed with the exchange as evidence of compliance.
Investors who have not claimed dividends on Manaksia shares for several years should immediately verify whether their shares are on the transfer list and take action to avoid losing ownership. For the broader stock, this is a procedural filing with no direct impact on share price or business operations.