We hereby enclose reminder Letter to the eligible Shareholders and Newspaper Advertisement for transfer of Unclaimed Dividend and eligible Equity Shares to the Investor Education and Protection ....
MOTILALOFS · price
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Motilal Oswal Financial Services Ltd has filed a reminder letter to shareholders who have not claimed or encashed dividends for the last 7 consecutive years, starting from the Final Dividend for Financial Year 2018-19. The company has published newspaper advertisements in Financial Express (English) and Navshakti (Marathi). Shareholders have been given until Sunday, August 30, 2026, to claim their unclaimed dividends and prevent their shares from being transferred to the IEPF Authority. The company has uploaded the complete statement of unclaimed dividends (including name, folio number, DP & Client ID, and number of shares) on its website. If no claim is received by the deadline, shares will be transferred to IEPF without further notice, after which claims can only be made to the IEPF Authority via e-Form IEPF-5 on the MCA portal.
No material impact on stock price or fundamentals. This is a mandatory regulatory compliance filing under the Companies Act, 2013. Shareholders who do not act before August 30, 2026 will lose beneficial ownership of their shares, which will be transferred to the government IEPF fund.