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MOIL LimitedOthers, 04-12-2024: Copy of Newspaper Publication

04-12-2024 | 04:29 pm

MOIL Limited has announced a board meeting to address the transfer of equity shares to the Investor Education and Protection Fund (IEPF) due to unpaid dividends for seven consecutive years. The company has communicated with affected shareholders, requesting necessary documents to claim unclaimed dividends. If valid claims are not received by February 15, 2025, the shares will be transferred to the IEPF without further notice. This action underscores the company's commitment to compliance while potentially impacting shareholder interests. Investors may view this as a neutral impact on the stock, although ongoing dividend claims may pose risks for some shareholders.

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