Marathon Nextgen Realty Limited has informed the Exchange about Copy of Newspaper Publication
MARATHON · price
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Awaiting price reaction for this filing.
Marathon Nextgen Realty Limited has submitted copies of a newspaper advertisement to the stock exchanges as required under SEBI's Listing Regulations. The ad was published in Business Standard (English) and Pratahkal (Marathi) on June 18, 2025. It informs shareholders about the company's plan to transfer unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF) Authority, in line with the rules under the Companies Act, 2013. This is a routine regulatory compliance filing and not a new corporate action. Shareholders with unclaimed dividends for several consecutive years are typically the ones affected, and they can still claim their shares/dividends by following the IEPF process.
This is a standard compliance disclosure and unlikely to affect the stock price. Shareholders who have not claimed dividends for seven or more consecutive years should check the company's website to see if their shares are being moved to IEPF, as they will lose direct ownership claims against the company.