Intimation in respect of dispatch of Notices to the shareholders of the Company regarding transfer of unclaimed/unpaid dividend and corresponding equity shares to IEPF wherein dividend ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Martin Burn Ltd has informed BSE that it has dispatched notices on July 10, 2025 to shareholders whose dividend has remained unclaimed for seven or more consecutive years. Under Section 124(6) of the Companies Act, 2013, shares corresponding to such unclaimed dividends are liable to be transferred to the Investor Education and Protection Fund (IEPF). The unclaimed dividends in question relate to FY 2017-18 and FY 2018-19. Affected shareholders have been asked to submit claims to the Registrar, Maheshwari Datamatics Private Limited, along with updated bank details by October 15, 2025, failing which their shares will be transferred to IEPF without further notice.
This is a routine regulatory compliance filing and is unlikely to impact the stock price. Shareholders who have not claimed dividends since FY 2017-18 should act quickly to avoid having their shares transferred to IEPF, from which recovery is a longer process.