ALPHA TRIBE

MODISON LIMITEDOthers, 08-02-2025: Copy of Newspaper Publication

08-02-2025 | 02:06 pm

Modison Limited has published a notice in The Free Press Journal and Navshakti informing shareholders about the impending transfer of equity shares to the Investor Education and Protection Fund (IEPF) due to unpaid dividends for seven consecutive years. Shareholders have been individually notified and can verify their details on the company's website. They must claim unpaid dividends for the 2017-18 financial year and thereafter by March 8, 2025, to avoid share transfer. Failing to do so will result in shares being transferred to the IEPF, impacting shareholder value negatively. This development may lead to a cautious investor sentiment as it highlights issues with shareholder engagement and potential loss of dividends.

No comments yet. Be the first to comment!

All announcements from MODISON LIMITED