Tata Steel Limited has informed the Exchange about Copy of Newspaper Publication
TATASTEEL · price
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Awaiting price reaction for this filing.
Tata Steel has published newspaper advertisements to notify eligible shareholders about unclaimed dividends from erstwhile Tata Metaliks Limited, which merged with Tata Steel effective February 1, 2024. The notice covers unclaimed dividends for FY 2017-18 to FY 2023-24, totalling seven years. Shareholders have until August 5, 2025 to claim these dividends, failing which the corresponding equity shares allotted under the amalgamation (in the 79:10 swap ratio) will be transferred to the IEPF Authority on August 6, 2025. Advertisements were published in Indian Express (English, all-India), Navshakti (Marathi), and Aajkal (Bengali). The disclosure is a routine compliance filing under the Companies Act, 2013 and IEPF Rules, 2016.
No material impact on the stock price; this is a procedural regulatory compliance filing. Shareholders who were alloted Tata Steel shares pursuant to the Tata Metaliks merger and have not claimed their dividends should act by August 5, 2025, or risk having their shares permanently transferred to the IEPF Authority.