IFCI Limited has announced the renewal of its Annual Maintenance Contract (AMC) with MCS Share Transfer Agent Ltd., serving as the Registrar and Share Transfer Agent (R&STA) for the company’s Equity Shares and Family Bonds. The renewal is effective for a period of one year, commencing from March 01, 2026, and concluding on February 28, 2027. This routine operational update ensures continued compliance and smooth record-keeping for the company’s shareholders and bondholders.
Operational Update on Share Registry Services
IFCI Limited has officially communicated an important procedural update regarding its outsourced shareholder services. The company has successfully concluded the renewal of the Annual Maintenance Contract (AMC) for its Registrar and Share Transfer Agent (R&STA) services.
Details of the Renewal
The contract is held with MCS Share Transfer Agent Ltd., which manages the records for both the company’s Equity Shares and Family Bonds. The renewal term has been established to cover a full year, beginning on March 01, 2026, and scheduled to expire on February 28, 2027. This continuation of service is necessary to maintain operational continuity and adherence to statutory disclosure requirements.
Compliance and Record Keeping
This renewal action is undertaken in compliance with relevant regulatory requirements concerning the maintenance of essential records for listed entities. The board confirmed that all necessary procedures have been followed to ensure uninterrupted service delivery for shareholder transactions and record maintenance throughout the stipulated period.
Source: BSE