Maharashtra Seamless Limited Urges Shareholders to Claim Unclaimed Dividends

Maharashtra Seamless Limited has formally notified shareholders whose dividends have remained unclaimed for seven consecutive years that their equity shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority during the financial year 2026-27. Individual notices were dispatched to the concerned shareholders on May 6, 2026, and the development was communicated to the stock exchanges on May 7, 2026, in compliance with Regulation 30 of SEBI (Listing, Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD POD2/1/3762/2026 dated January 30, 2026.

The action is mandated under Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended from time to time and notified by the Ministry of Corporate Affairs. Under these provisions, companies are required to transfer shares in respect of which dividends have not been claimed for seven consecutive years to the IEPF set up by the Central Government. In the case of Maharashtra Seamless, the unclaimed dividend period commences from the financial year 2018-19.

Shareholders are urged to act before the stipulated deadline to avoid the involuntary transfer of their holdings. The following key details summarize the action required:

- Notice Dispatch Date: May 6, 2026 - Exchange Intimation Date: May 7, 2026 - Unclaimed Dividend Period Commencing: Financial Year 2018-19 - Deadline to Claim Dividends: October 15, 2026 - Registrar and Transfer Agent: Alankit Assignments Limited (Unit – Maharashtra Seamless Limited) - RTA Address: Alankit House, 4E/2, Jhandewalan Extension, New Delhi-110055 - Corporate Office (Claim Submission): Plot No. 30, Institutional Sector-44, Gurugram-122003

The process for claiming outstanding dividends involves submitting claims to the Company Secretary at the Corporate Office or to the Registrar and Transfer Agent. The documentation requirements differ based on the mode of holding:

For shares held in demat form: - Self-attested copy of the Client Master List - Payment will be remitted electronically to the bank account registered against the demat account

For shares held in physical form: - Investor Service Request Forms ISR-1, ISR-2, SH-13 (Nomination Form) or ISR-3 (opting out of Nomination), duly filled as per instructions - Supporting documents including an original cancelled cheque leaf stating the account holder's name - Investor Service Request Forms are available on the Company's website at www.jindal.com

If dividends remain unclaimed by October 15, 2026, the concerned equity shares will be transferred to the IEPF. For shares held in physical form, the transfer will be effected by issuing duplicate share certificates, upon which the original share certificates will be deemed cancelled and non-negotiable. For shares held in demat form, the Company will issue appropriate corporate action instructions to the Depositories. Following the transfer, any corporate benefits arising from the shareholding will be credited to the IEPF.

Shareholders whose shares and dividends have been transferred to the IEPF retain the right to reclaim them. The reclaim process involves submitting the required documents to the Company to obtain an Entitlement Letter, followed by filing an online application in the prescribed e-Form IEPF-5, available on the Ministry of Corporate Affairs website at www.mca.gov.in. Details of affected shareholders and shares are available on the Company's website. The communication was signed by Ram Ji Nigam, Company Secretary, Maharashtra Seamless Limited.

Maharashtra Seamless Limited has also announced the voluntary closure of its subsidiary Internovia Natural Resources FZ LLC, which has been struck off. The company made this disclosure on April 9, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The subsidiary's financial contribution to the parent company was minimal during the financial year ended March 31, 2025. According to the disclosure, Internovia Natural Resources FZ LLC had no operational income but maintained a net worth of 0.40 Crore.

The closure of Internovia Natural Resources FZ LLC represents a streamlining of Maharashtra Seamless Limited's corporate structure. Given the subsidiary's nil income contribution and minimal net worth of 0.40 crore, the closure appears to be an administrative decision to optimize the company's subsidiary portfolio. The disclosure confirms that this transaction does not involve any sale or disposal arrangements and will not have any impact on the company's operations or financial position.