MM Forgings Limited has published a mandatory regulatory advertisement in Trinity Mirror and Makkal Kural newspapers on March 26, 2026, in compliance with Regulation 30 of SEBI Listing Regulations, 2015. The advertisement addresses the transfer of unclaimed equity shares and dividends to the Investor Education and Protection Fund (IEPF) suspense account.

IEPF Compliance Notice Details

The notice, signed by Company Secretary Chandrasekar S, pertains to provisions under Section 124 of the Companies Act, 2013 and the Investor Education and Protection Fund Authority Rules, 2016. The company has identified shareholders whose equity shares are liable for transfer to IEPF due to unclaimed dividends for seven consecutive years or more.

Critical Deadlines for Shareholders

The company has established specific deadlines for shareholders to respond and prevent transfer of their shares to IEPF:

Shareholder Action Requirements

MM Forgings has communicated individually with affected shareholders and uploaded complete details on its website at www.mmforgings.com . The company emphasizes that both unclaimed dividends and corresponding shares can be reclaimed from IEPF Authority following prescribed procedures.

For physical share certificates, the company will issue duplicate certificates for IEPF transfer purposes, automatically cancelling original certificates. Demat shareholders will be informed through corporate actions via their respective depositories.

KYC Compliance and Contact Information

As per SEBI circulars dated May 17, 2023, and November 17, 2023, shareholders must update their KYC details including mobile number, email ID, demat details, PAN, Aadhaar, and bank information. The company's registrar, Cameo Corporate Services Ltd, can be contacted at:

The advertisement also appears on the company's official website, ensuring comprehensive shareholder notification as required under IEPF regulations.

MM Forgings Limited has officially approved a comprehensive fundraising plan of up to ₹600 crores through its board meeting held on March 25, 2026. The board meeting, which commenced at 10:40 AM IST and concluded at 11:32 AM IST, formalized the company's capital expansion strategy through multiple funding mechanisms including Qualified Institutional Placement (QIP).

Board Meeting Outcomes and Fundraising Structure

The board has approved raising funds through various securities including equity shares, convertible debentures, and other eligible instruments. The comprehensive fundraising framework encompasses multiple components designed to provide maximum flexibility in capital raising:

The board noted that the proposed fundraising represents an enabling approval, with timing, size, and structure to be determined based on market conditions, pricing considerations, and dilution factors.

Authorized Share Capital Enhancement

The board has recommended a significant increase in the company's authorized share capital structure, subject to shareholder approval through postal ballot mechanism:

Regulatory Compliance and Shareholder Approval Process

MM Forgings Limited will seek requisite shareholder approval through postal ballot mechanism in accordance with Section 110 of the Companies Act, 2013. The company has committed to comprehensive regulatory compliance including amendments to its Memorandum of Association. The postal ballot process will cover both the fundraising approval and the authorized share capital increase.

Corporate Governance and Market Communication

The company has maintained transparency through proper regulatory disclosures under Regulation 30 of SEBI Listing Regulations. All relevant information has been communicated to both NSE and BSE, with detailed annexures providing comprehensive disclosure requirements. The complete board meeting outcome and related documents are available on the company's website at www.mmforgings.com for stakeholder reference.