Machino Plastics Announces Transfer of Unclaimed Dividend Shares to IEPF Authority for FY 2018-19

3 min read     Updated on 18 May 2026, 06:43 PM
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Machino Plastics Ltd has issued a public notice for the compulsory transfer of equity shares linked to unclaimed dividends for FY 2018-19 to the IEPF Authority, in compliance with Section 124(6) of the Companies Act, 2013 and the IEPF Rules, 2016. Shareholders who have not claimed their dividends are urged to contact the company or its RTA, Alankit Assignments Limited, before the stipulated deadline to avoid the transfer of their shares to the IEPF Demat Account. Concurrently, the company has launched the Second 100 Days Campaign — "Saksham Niveshak" — from 1st April, 2026 to 9th July, 2026, to encourage shareholders to update KYC details and claim pending dividends. The notice was published on 18th May, 2026, and signed by Aditya Jindal, Chairman cum Managing Director.

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Machino Plastics Ltd has issued a formal public notice informing equity shareholders of the impending transfer of shares linked to unclaimed or unpaid dividends for the financial year 2018-19 to the Investor Education and Protection Fund (IEPF) Authority. The notice has been published in compliance with Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The notice was published on 18th May, 2026, and signed by Aditya Jindal, Chairman cum Managing Director.

IEPF Share Transfer: Regulatory Background

Under the applicable rules, equity shares in respect of which dividends have remained unclaimed or unpaid for a period of seven consecutive years or more are mandatorily required to be transferred to the IEPF Authority. Machino Plastics has confirmed that individual communications have already been dispatched to all concerned shareholders at their registered addresses whose shares are liable for such transfer. Complete details of the concerned shareholders have also been uploaded on the company's website at www.machinoplastics.com .

Shareholders who have not yet claimed their dividends for FY 2018-19 are requested to act promptly. The company has stated that if no valid claim is received within three months of the date mentioned in the notice, it will proceed to initiate the necessary action to transfer the shares to the IEPF Demat Account without any further notice.

How Shareholders Can Claim Unclaimed Dividends

Shareholders may claim their unclaimed dividends by contacting the company or its Registrar and Share Transfer Agent (RTA), Alankit Assignments Limited. The process differs based on the mode of holding:

  • Shares held in Demat Form: Shareholders must submit a self-attested copy of the Client Master List (CML) to the RTA and update KYC details — including bank account number, bank name, IFSC code, MICR, and nomination — with their Depository Participants.
  • Shares held in Physical Form: Shareholders must submit Form ISR-1, Form ISR-2, Form ISR-3, or Form SH-13 (Nomination Form), along with an original cancelled cheque bearing the account holder's name and any other supporting documents.

The contact details for reaching the company and its RTA are as follows:

Parameter: Details
Company Address: Plot No. 3, Maruti J.V. Complex, Udyog Vihar, Phase-IV, Gurugram, Haryana-122015
Company Phone: 011-42541234
RTA Name: Alankit Assignments Limited
RTA Address: 4E/2, Jhandewalan Extension, New Delhi-110055
RTA Phone: 011-42541234
RTA Email: rta@alankit.com
Company Email: sec.legal@machino.com

For shares held in physical form, new share certificates in lieu of the originals will be issued and transferred in the name of the IEPF Authority upon completion of necessary formalities, with the original certificates deemed cancelled and non-negotiable. For shares held in electronic form, the company will inform the Depositories to execute the corporate action and debit the shares from the shareholder's demat account.

In the event shares are transferred to the IEPF Authority, all benefits and rights shall remain suspended and accrue to the IEPF Authority. Shareholders wishing to reclaim their shares or dividends after such transfer must file a separate application with the IEPF Authority in Form IEPF-5, available at www.iepf.gov.in .

Second 100 Days Campaign — "Saksham Niveshak"

In conjunction with the IEPF transfer notice, Machino Plastics has also announced its participation in the Second 100 Days Campaign — "Saksham Niveshak" — pursuant to an initiative of the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs (MCA), vide letter dated March 27, 2026. The campaign runs from 1st April, 2026 to 9th July, 2026.

The campaign is aimed at encouraging shareholders to update their KYC details and claim pending dividends. The following table summarises the required actions based on the type of shareholding:

Type of Holding: Required Actions
Shares held in Demat Form: Update KYC details (bank account, IFSC, MICR, nomination) with Depository Participants; submit self-attested CML copy to RTA
Shares held in Physical Form: Submit Form ISR-1, ISR-2, ISR-3 or SH-13 (Nomination Form); original cancelled cheque with account holder's name; other supporting documents as applicable

Forms are available at https://machinoplastics.com/unclaimed-dividend/ and https://alankitassignments.com/investor-charter/ . Shareholders may also contact the RTA at rta@alankit.com or the company at sec.legal@machino.com for queries related to the campaign.

The notice has been published in the Business Standard newspaper on 18th May, 2026, and is also available on the company's website and the BSE website at www.bseindia.com .

Historical Stock Returns for Machino Plastics

1 Day5 Days1 Month6 Months1 Year5 Years
-3.72%-2.79%-1.61%-24.02%+6.89%+179.42%

How many shares and what percentage of Machino Plastics' total equity are at risk of being transferred to IEPF, and what impact could this have on the company's shareholder composition?

Could the 'Saksham Niveshak' campaign set a precedent for broader IEPF compliance initiatives across Indian listed companies, and how might stricter enforcement affect retail investor participation in equity markets?

What recourse do shareholders have if they miss the three-month deadline and their shares are transferred to IEPF, and how efficient has the IEPF-5 reclaim process historically been for investors?

Machino Plastics Limited Clarifies Non-Applicability of SEBI Debt Securities Circular

1 min read     Updated on 16 Apr 2026, 04:30 PM
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Machino Plastics Limited has formally communicated to BSE Limited through an official letter signed by Chairman cum Managing Director Aditya Jindal, clarifying that the company does not qualify as a 'Large Corporate' under SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. The disclosure confirms that the company falls outside the scope of framework 3.2 requirements for debt securities issuance by large entities, ensuring regulatory transparency and compliance under SEBI Regulation 30.

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Machino Plastics Limited has formally disclosed to BSE that it does not qualify as a 'Large Corporate' under the Securities and Exchange Board of India's regulatory framework for debt securities issuance by large entities.

Official Disclosure Communication

The company submitted an official letter to BSE Limited on April 16, 2026, signed by Chairman cum Managing Director Aditya Jindal. The communication specifically addresses the applicability of SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, which deals with fund raising by issuance of debt securities by large entities.

Parameter: Details
Disclosure Date: April 16, 2026
SEBI Circular Reference: SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172
Circular Date: October 19, 2023
Company Classification: Not a 'Large Corporate'
Framework Reference: Section 3.2 of the SEBI Circular
Signatory: Aditya Jindal, Chairman cum Managing Director

SEBI Circular Framework

The SEBI circular establishes specific criteria under framework 3.2 to determine which companies qualify as 'Large Corporate' entities for the purpose of debt securities issuance regulations. Machino Plastics Limited has confirmed that it does not meet these criteria and therefore falls outside the scope of the circular's requirements and compliance obligations.

Company Information

Machino Plastics Limited operates from its registered office and plant located at 3, Maruti J.V. Complex, Delhi-Gurugram Road, Haryana. The company is incorporated under CIN L25209HR2003PLC035034 and maintains its corporate communications through official channels including email and website platforms.

Regulatory Compliance

The disclosure was made under Regulation 30 of SEBI regulations, which mandates listed companies to inform stock exchanges about material events and corporate developments. The communication was addressed to BSE Limited, where the company's securities are listed under security code 523248. The disclosure serves to clarify the company's regulatory status and ensure transparency regarding its compliance obligations under current SEBI guidelines for debt securities and fund raising activities.

Historical Stock Returns for Machino Plastics

1 Day5 Days1 Month6 Months1 Year5 Years
-3.72%-2.79%-1.61%-24.02%+6.89%+179.42%

What are Machino Plastics' alternative funding strategies now that it cannot access large corporate debt securities frameworks?

How might this classification impact the company's cost of capital and future expansion plans?

Will Machino Plastics pursue growth initiatives to eventually qualify as a 'Large Corporate' under SEBI guidelines?

More News on Machino Plastics

1 Year Returns:+6.89%