Minda Corporation Limited — Important, 26-11-2024: Updates

The company has provided notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) due to unclaimed dividends for seven consecutive years or more. This process will involve transferring such shares to the IEPF's Demat Account within 30 days of them becoming eligible for transfer. This move aims to comply with the provisions laid out in the Companies Act, ensuring proper management of unclaimed dividends. Stakeholders should be aware of this development as it highlights the company’s adherence to regulatory mandates, potentially affecting shareholder perceptions and engagement. Watch closely for any further updates on the implementation of this process.