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Manappuram Finance Limited ( (IN:MANAPPURAM) ) has shared an update.
Manappuram Finance Limited has announced the transfer of equity shares, for which dividends have not been claimed for seven consecutive years or more, to the Investor Education and Protection Fund (IEPF). This move is part of regulatory compliance to ensure unclaimed dividends are utilized for investor education and protection. The transfer of these shares could impact shareholders who have not claimed their dividends, as their shares will now be managed by the IEPF, potentially affecting their investment holdings.
More about Manappuram Finance Limited
Manappuram Finance Limited operates in the financial services industry, primarily focusing on providing gold loans, microfinance, and other financial products and services in India. The company is known for its extensive network and customer-centric approach, catering to a wide range of financial needs across the country.
Average Trading Volume: 192,524
Technical Sentiment Signal: Buy
Current Market Cap: 230B INR
See more insights into MANAPPURAM stock on TipRanks’ Stock Analysis page.