 Unpaid and Unclaimed Dividend Details
“The Dividend declared and Interest/Redemption amount distributed by the Company to its share/debenture-holders which remains unclaimed gets accumulated with the Company. The Ministry of Corporate Affairs (MCA) proactively addressed the issue by introducing Section 125 of the Companies Act, 2013, thereby making it compulsory to deposit unclaimed dividend, Interest/Redemption amount lying with the Companies for a period of seven years to the Investor Education and Protection Fund (IEPF), administered by the Central Government. In terms of “Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016”, companies have to identify and upload details of unclaimed dividend, Interest/Redemption amount on their website.
Accordingly, information as on April ,01 2017 for unpaid and unclaimed dividend for the F.Y. 2009-10 is provided for the benefit of our share/debenture-holders.”Statements of Unpaid and Unclaimed amounts as on April 01, 2017.
Click Here to download Unpaid and Unclaimed Dividend pdf.
Nodal Officer
Details of the nodal officer for the purpose of co-ordinating with IEPF Authority
In terms of the provisions of the notification dated 13th October, 2017 issued by Ministry of Corporate Affairs amending the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, the details of the nodal officer are as under:
|
