Mangal Credit and Fincorp Limited has informed the Exchange about Copy of Newspaper Publication - IEPF Notice
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Awaiting price reaction for this filing.
Mangal Credit and Fincorp Limited has submitted copies of newspaper advertisements published in News Hub (English) and Pratahkal (Marathi) regarding the transfer of unclaimed dividends and shares to the Investor Education and Protection Fund (IEPF). Under Section 124 of the Companies Act, 2013, equity shares of members who have not claimed dividends for 7 consecutive years or more are liable to be transferred to IEPF. The unclaimed final dividend for FY 2017-2018 will be credited to IEPF on or before 28th November 2025, along with the corresponding equity shares. Concerned shareholders have until 30th September 2025 to submit KYC documents (PAN, cancelled cheque, address proof) to the Registrar MUFG Intime India Private Limited to claim their dividend. The filing also includes information about the 63rd Annual General Meeting scheduled for 25th September 2025 via video conference, with a recommended final dividend of Rs. 0.75 per share (7.5% on face value of Rs. 10) subject to shareholder approval, and a record date of 17th September 2025.
Shareholders who have not encashed dividends since FY 2017-18 must act before 30th September 2025 to prevent their shares from being permanently transferred to the IEPF authority, after which recovery becomes a lengthy process. The AGM and dividend declaration are routine; no material change to the stock is expected from this compliance filing.