MOIL Limited has informed the Exchange about Submission of notice for attention of equity shareholders of the company in respect of transfer of equity shares to IEPF Account.
MOIL · price
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MOIL Limited has submitted a notice to stock exchanges about transferring shares of certain shareholders to the Investor Education and Protection Fund (IEPF) Account. This is done as per Section 124(6) of the Companies Act, 2013 and IEPF Rules, 2016. Shares belonging to shareholders who have not claimed their dividends for seven consecutive years (from Final Dividend 2017-18 onwards) are liable to be transferred. The company has already sent individual communication to the affected shareholders. The deadline for shareholders to submit a valid claim is 30th September 2025, after which the shares and unclaimed dividends will be moved to the IEPF authority. The notice was published on 17th July 2025 in Economic Times, Navbharat Nagpur, and Navrashtra Nagpur.
This is a routine annual regulatory compliance filing and does not impact the majority of shareholders. Only those MOIL shareholders who have not encashed dividends since 2017-18 need to act quickly—by 30th September 2025—to file a claim with the company's Registrar (Bigshare Services) to avoid their shares being permanently transferred to the IEPF. Shareholders can later reclaim these shares from the IEPF authority by following the process at iepf.gov.in.