MMTC Limited has informed the Exchange about Copy of Newspaper Publication- Notice To Equity Shareholders Of The Company Regarding Transfer Of Equity Shares Of The Company To Investor Education And Protection Fund (IEPF) Account, Published On Tuesday, 18th JUNE, 2025.
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MMTC Limited has published newspaper notices in Business Standard (English) and Jansatta (Hindi) on June 18, 2025, informing shareholders about the upcoming transfer of their equity shares to the IEPF Authority. The notice targets shareholders whose final dividend for FY 2017-18 has remained unclaimed for seven or more consecutive years, as required under Section 124(6) of the Companies Act, 2013 and the IEPF Rules, 2016. Affected shareholders have until August 18, 2025 to claim their unclaimed dividend by contacting the company's Registrar (MCS Share Transfer Agents Ltd) or the company itself. After this deadline, shares held in physical form will be transferred by issuing duplicate certificates (originals will stand cancelled), while dematerialized shares will be transferred via corporate action to the depository. The full list of affected shareholders has been uploaded on the company's website (www.mmtclimited.com). Shareholders can reclaim their shares and unclaimed dividends from IEPF later by following the prescribed refund procedure.
This is a routine regulatory compliance filing and not expected to materially affect the stock price. It serves as a final reminder to a specific group of shareholders — those who haven't claimed dividends since FY 2017-18 — to act before the August 18, 2025 deadline, after which their shares will be transferred to IEPF.