Gujarat Mineral Development (GMDCLTD) — Corporate Action

📢 Key Event
Shareholders must claim unclaimed dividends by November 5, 2026 to avoid share transfers to IEPF.

🔄 What Changed
Unclaimed dividends for FY 2018-19 to 2024-25 now subject to mandatory IEPF transfer if not claimed by November 5, 2026.

🔮 What's Next
Claim dividends by November 5, 2026 to retain shareholding; otherwise shares and accrued dividends will transfer to IEPF.

💡 Investor Takeaway
Claim your unclaimed dividends before November 5, 2026 to prevent your shares from being transferred to the IEPF fund.

GMDCLTD disclosed that eligible shareholders who have not claimed dividends for seven consecutive years, from FY 2018-19 to 2024-25, must claim payments by November 5, 2026 to avoid share transfers to the Investor Education and Protection Fund (IEPF). The company published reminders and newspaper ads in Indian Express and Divya Bhaskar, and uploaded an unclaimed dividend statement on its website. Shareholders must submit bank details to MCS Share Transfer Agent Limited to prevent share transfers.

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About Gujarat Mineral Development Corporation Limited (GMDCLTD)

Metals & Mining · Mining & Mineral products · Listed on NSE

Market Cap: ₹17,879.55 Cr P/E: 18.7 ROE: 14.9% ROCE: 19.6% Div Yield: 1.69%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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