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| Exchange Received Time 22/12/2017 18:12:46 Exchange Disseminated Time 22/12/2017 18:12:54 Time Taken 00:00:08 | Pursuant to Sec 124 & 125 of the Companies Act 2013 read with IEPF Authority (Accounting, Audit, Transfer and Refund) Rules 2016, as amended from time to time, all shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the company in the name of the account specified by IEPF authority.
The Company identified 28 cases which were eligible to be transferred effective 2008-09. We have sent the individual notices to such shareholders and published Notice in the Newspapers informing them to claim the dividend at the earliest, otherwise their shares will be transferred to the IEPF Account in due course of time. In the absence of the reply/claim, the shares were duly transferred to the IEPF Authority on November 28, 2017 by making the Corporate Action.
The CDSL has acknowledged the credit of transfer of 10420 shares by enclosed letter dated December 12th, 2017 which was received by Company on December 21st, 2017. |
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