Exchange Board of India has made it mandatory for all companies to use the Bank Account
details furnished by the Depositories for depositing dividend through ECS to
investors where ECS and Bank details are available. Under this mechanism, the
dividend is electronically credited to the investor's bank accounts and the
company as well as investors are immensely benefited as the process of issue of
physical dividend warrants is done away with.
The salient features of the ECS facility are:
facility is hassle free and provides instant credit of dividend amount to
your bank electronically
at no extra cost. ECS also eliminates postal delay, Loss in transit and
fraudulent encashment of warrants.
Scheme is optional.
this facility, the amount of dividend payable to you would be directly
credited to your bank account.
The information provided by you will be utilized
only for the purpose of remitting the future dividend /similar payments.
We encourage all our shareholders to
utilize the ECS for receiving the direct credit of dividend in the designated bank account.
If you are holding shares in electronic mode, pls
update your Bank details by submitting duly filed in ECS Mandate Form to your
Depository Participant (DP) and in case your holding shares in physical mode,
please submit duly filed in ECS Mandate Form to our RTA viz. Karvy Computershare Private Limited, Unit: eClerx Services Limited, Karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad – 500 032.
Please attach self attested copy of PAN card and blank
cancelled cheque along with ECS Mandate Form.
You may also use the same form for
notifying about any change in the particulars of your Bank Account.
After remittance of dividend through ECS, we shall send you
intimation, furnishing details of payment made through ECS for your information
click here to download the ECS mandate
form:Form for payment of dividend through ECS