TITAGARH RAIL SYSTEMS LIMITED has informed the Exchange about General Updates
TITAGARH · price
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Titagarh Rail Systems has informed the exchanges that it has dispatched letters to specific shareholders whose dividends have remained unclaimed for seven consecutive years, starting from FY 2017-18 onwards. As per Section 124(6) of the Companies Act, 2013 and IEPF Rules 2016, these shares are required to be transferred to the DEMAT account of the Investor Education and Protection Fund (IEPF) Authority. Affected shareholders have been asked to claim their unpaid dividends (covering FY 2017-18, 2018-19, 2022-23, and 2023-24) by 15th October 2025, failing which the shares will be moved to IEPF without further notice. The list of impacted shareholders is available on the company's website, and the Registrar handling the process is Maheshwari Datamatics Private Limited.
This is a routine regulatory compliance disclosure with no material impact on the stock price. It only concerns individual shareholders who have been inactive for seven or more years and does not affect the company's operations, financials, or the broader shareholder base.