MMTC Limited has informed the Exchange about Newspaper publication of Notice for Transfer of Unpaid Dividend for the FY 2017-18 to IEPF Authority.
MMTC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MMTC Limited has published a notice in Business Standard (English) and Jansatta (Hindi) on June 18, 2025, reminding shareholders about transferring unpaid dividends for FY 2017-18 to the IEPF (Investor Education and Protection Fund) Authority. Under Section 124(6) of the Companies Act, 2013, any shares whose dividends have remained unclaimed for 7 or more consecutive years are liable to be transferred to IEPF. Shareholders who have not claimed their FY 2017-18 dividend have until August 18, 2025, to contact the Registrar (M/s MCS Share Transfer Agents Limited) and claim their dividend, failing which their shares will be moved to IEPF. The full list of affected shareholders and details of their shares are available on the company's website www.mmtclimited.com.
This is a routine regulatory compliance filing and has no direct impact on the stock price or majority shareholders. Only shareholders who have not claimed their FY 2017-18 dividend are affected — they must act before August 18, 2025, or risk having their shares permanently transferred to the IEPF Authority, though they can still reclaim them later by following IEPF procedures.