Transparent Financial Insights for Strategic Growth
We maintain an archive of our shareholding patterns, updated to ensure stakeholders have access to historical data.
All share related transactions viz. transfer, transmission, transposition, nomination, dividend, change of name/address/signature, registration of mandate/Power of Attorney, replacement/split/ consolidation of share certificates, demat/remat of shares, issue of duplicate certificates etc. are being handled by MUFG Intime India Private Limited , the Registrar and Share Transfer Agent, discharges investor service functions effectively , efficiently and expeditiously. Investors are required to correspond directly with Link Intime (India) Private Limited, on all share related matters.
The Board of Directors of the Company has constituted a Shareholder’s Grievance Committee (the committee) which inter alia, approves issue of duplicate certificates and oversees and reviews all matters connected with share transfers and other processes. The Committee also looks into the redressal of shareholders complaints related to transfer of shares, non-receipt of Dividend etc. The Committee oversees the performance of the R & T agent and recommends measures for overall improvement in the quality of investor services.
In pursuit of the company’s objective to mitigate/avoid risks while dealing with shares and related matters, the following are the Company’s recommendations to shareholders/investors:-
Investors should convert their physical holdings of shares into demat holdings. Holding shares in demat form helps investors to get immediate transfer of the shares. No stamp duty is payable on transfer of shares held in demat form and risk associated with physical certificates such as forged transfers, fake certificates and bad deliveries are avoided.
Steps involved in dematerialisation of shares:
Investors should consolidate their shareholding held in multiple folios. This would facilitate one – stop tracking of all corporate benefits on the shares and would reduce time and efforts required to monitor multiple folios.
Shareholders may write to the Company’s R&T agent, furnishing particulars of the dividend not received or Dividend Warrants lost, and quoting the folio number (in case of shares held in physical mode)/ DP ID and Client ID particulars (in case of shares held in demat mode). The Demand Draft will be issued if the dividend remains unpaid in the records of the company after expiry of the validity period of the warrant which is normally three months from the date of its issue. In case of loss of original dividend warrant the shareholder has to execute a letter of indemnity.
No demand draft will be issued in respect of dividends which have remained unclaimed and unpaid for a period of seven years in the unpaid dividend account of the company as they are required to be transferred to the Investor Education and Protection Fund constituted by the Central Government.
In case of loss of share certificate(s) by the registered shareholder(s):
On receipt of executed affidavit, indemnity bond and other documents/papers and after publication of public notice in newspaper(s), the company shall issue duplicate share certificate(s), in case the company does not receive any objection for the same.