Motilal Oswal Financial Services Limited has informed the Exchange regarding 'Reminder Letter to the eligible Shareholders and Newspaper Advertisement for transfer ofUnclaimed Dividend and eligible Equity Shares to the Investor Education and ProtectionFund Authority ( IEPF Authority )'.
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Motilal Oswal Financial Services has sent reminder letters to shareholders who have not claimed or encashed their dividends for the last 7 consecutive years, starting from the interim dividend declared for FY 2018-19. These shareholders have been given until Tuesday, April 7, 2026, to claim their unclaimed dividends by submitting the required documents (PAN, address proof, cancelled cheque, client master list, and other KYC forms) to the company's Registrar and Transfer Agent, MUFG Intime India Private Limited. If no action is taken by the deadline, the company will transfer the corresponding equity shares to the Investor Education and Protection Fund (IEPF) Authority as mandated under Section 124(6) of the Companies Act, 2013. The company has also published a notice in Financial Express (English) and Navshakti (Marathi) newspapers and uploaded a detailed statement of unclaimed dividends on its website. Once shares are transferred to IEPF, shareholders can still reclaim them by applying to the IEPF Authority through e-Form IEPF-5.
This is a routine regulatory compliance filing with no impact on the company's operations or stock price. It only affects shareholders who have not claimed dividends for 7 years, giving them a final opportunity to claim before their shares are transferred to the IEPF Authority.