Meghmani Organics to Transfer Unclaimed Dividends and Shares to IEPF
Meghmani Organics Limited is transferring unclaimed dividends and shares to the IEPF for shareholders who have not claimed them for seven consecutive years from FY 2018-19. Shareholders must claim their dividends by May 20, 2026, to avoid share transfer to IEPF. Contact MUFG Intime India for claims.
This is a routine regulatory compliance action for unclaimed dividends and shares. It does not involve any new business, financial results, or significant corporate actions that would materially impact the company's operations or market standing.
The announcement is a regulatory compliance matter concerning unclaimed dividends and shares, with no direct positive or negative financial implications for the company itself. It informs shareholders about a necessary process.
Meghmani Organics Limited has issued a notice to its shareholders regarding the transfer of unclaimed dividends and shares to the Investor Education and Protection Fund (IEPF) Account. This action is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 124(6) of the Companies Act, 2013.
The company has identified shareholders whose dividends have remained unclaimed for seven consecutive years, starting from the financial year 2018-19. Consequently, their shares are also liable for transfer to the IEPF.
Shareholders who have not encashed or claimed their dividends for the specified period are urged to refer to the provided letter for guidance on claiming their unpaid dividends. The letter details the unpaid dividends, including interim and final dividends for the financial years 2018-19, 2019-20, 2020-21, 2021-22, and 2022-23. Shareholders can contact the company's Registrar and Transfer Agent, M/s. MUFG Intime India Private Limited, for any claims or clarifications. They are required to provide specific details such as the company name, folio number or DP and Client ID, shareholder name, contact number, email ID, and self-attested KYC documents. Shareholders are requested to claim their unpaid dividends on or before May 20, 2026. Failure to do so will result in the transfer of their shares to the IEPF. Post-transfer, shareholders can claim their shares from the IEPF Authorities by filing e-form No. IEPF-5.
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Meghmani Organics Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Meghmani Organics Limited. Read the original for the full detail.