The Equity shares of the Company in respect of which dividends for 7 (seven) consecutive years have remained unpaid or unclaimed are liable to be transferred to IEPF Suspense Account in terms of Section 124(6) of the Companies Act,2013 read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (Rules).
The Shareholders may please note that both the unclaimed dividend and shares transferred to the IEPF Suspense Account can be claimed back from IEPF Authority after following the procedure prescribed in the Rules. No claim shall lie against the company in respect of unclaimed dividend amount and the shares transferred to IEPF Suspense Account pursuant to the Rules.
For any query or clarifications, please contact the Company’s Registrar and Share Transfer Agents, M/s. Karvy Computershare Private Limited, Unit: eClerx Services Limited, Karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad – 500 032, email id: email@example.com
Details of shares transferred to IEPF suspense account