UNO Minda Limited — Important, 13-12-2024: General Updates
Uno Minda Limited (formerly Minda Industries Ltd.) has shared advertisements regarding an important notice for shareholders of the erstwhile Harita Seating Systems Ltd., now merged with the Company. The notice addresses unclaimed interim dividends from the financial year 2017-18 onward, urging shareholders to apply for claims before these funds are transferred to the Investor Education and Protection Fund (IEPF) as per regulatory requirements.
Shareholders are informed of the process to claim their unclaimed dividends and shares. In the case of physical shares, duplicate certificates will be issued upon cancellation of original ones, while those holding shares in electronic form will see their demat accounts debited for the relevant shares. The deadline for claims is set for 25 February 2025, after which unclaimed dividends and shares will be transferred to the IEPF without prior notice. Shareholders can reclaim their shares and dividends from the IEPF by following an application process outlined on the Company’s website.
Investors should monitor this development closely, as it reflects the ongoing efforts of the Company to engage with its shareholders and uphold transparency.
