BSEMorarka Finance LtdMinimalNeutral
Announced Sat, 2 Aug · 16:00 IST

Newspaper Publication - Extract of the Information of Transfer of Equity Shares of the Company to IEPF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Morarka Finance Ltd has published a notice in Business Standard (English) and Mumbai Lakshdeep (Marathi) on August 2, 2025, informing shareholders about the upcoming transfer of their equity shares to the Investor Education and Protection Fund (IEPF) Demat Account. Under Section 124(6) of the Companies Act, 2013, shares belonging to shareholders who have not claimed dividends for 7 consecutive years are eligible for this transfer. The company has uploaded the list of affected shareholders on its website at www.morarkafinance.in. Shareholders have until August 27, 2025, to claim their dividends and update their KYC details to prevent the transfer. After this deadline, the shares along with all benefits will be moved to the IEPF.

Likely market impact

Shareholders who have not claimed dividends for 7 or more consecutive years risk losing their shares to the IEPF. They should act before August 27, 2025, by claiming their dividends and submitting KYC documents (PAN, Aadhaar, share certificate copies) to the company's registered office to retain ownership of their shares.