SML Mahindra Limited has informed the Exchange regarding Notice to Shareholders Related to Transfer of Unclaimed Dividend to Investor Education and Protection Fund (IEPF) Account
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SML Mahindra Limited has issued a reminder notice to shareholders regarding unclaimed dividend for FY 2018-19 that is liable to be transferred to the Investor Education and Protection Fund (IEPF). Under Section 124(5) of the Companies Act, 2013, any dividend remaining unpaid or unclaimed for seven years must be credited to IEPF. The due date for transferring this unclaimed dividend is 4th November, 2026. Shareholders have until 30th September, 2026 to claim their dividend by submitting their application along with KYC documents (PAN, address proof, cancelled cheque) to the RTA or the Company. The filing also highlights recent SEBI mandates requiring updated KYC details for physical shareholders and that dividend payments will only be made electronically from 18th November 2025 onwards.
This is a routine regulatory compliance filing with no direct impact on the company's financials or stock price. Affected shareholders risk losing their dividend claims if they fail to submit required documents before the September 2026 deadline.