Mughal Energy Limited (GEM) has issued a notice to its members regarding the submission of particulars of Ultimate Beneficial Owners (UBO) prior to dispatch. This notice is in compliance with regulatory requirements aimed at identifying the natural persons who ultimately own or control the company.
- Notice issued on September 19, 2026, to all members/shareholders.
- Members holding at least 5% of shares must declare their UBOs within 14 days.
- UBO is defined as a natural person owning or controlling at least 25% of shares or voting rights.
- Failure to comply may result in the company proceeding without further notice.