Transfer of unpaid dividend amounts to Investor Education Protection Fund (IEPF)
In terms of the circular issued by the Ministry of Corporate Affairs notifying “Investor Educationand Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules 2016”,Companies are required to upload the details of unclaimed dividend on their website..
In view of the above, information of shareholders who have not claimed dividend paid by the Company on shares, is provided hereunder:
The shareholders are hereby informed that the company has transferred the unpaid dividendamounts of financial year 2008-09 to the Investor Education Protection Fund as required under Section 125 of the Companies Act, 2013..
The Dividend declared and distributed by the Company to its shareholders which remains unclaimed gets accumulated with the Company. As per Section 125 of the Companies Act, 2013, the Company requires to transfer the dividend that has not been claimed for a period of seven years from the unpaid dividend account to the Investor Education and Protection Fund (IEPF).The shareholders who have not claimed their dividend are advised to do the same as once unclaimed dividend is transferred to IEPF, no claim shall lie in respect thereof with the Company or IEPF.
|Date of AGM||3rd September, 2009|
|Due date of transfer of unclaimed dividend to IEPF account||8th November, 2016|
|Actual date of transfer of unclaimed dividend to IEPF account||21st October, 2016|
|Amount of unpaid dividend transfereed to IEPF||Rs. 55,837.00|