| Investor Information |
No dividend details for the year 2005-06, 2007-08 and
2008-09 are appearing on the web-site. (See below).
Instead of these notes, a general note can be given
intimating shareholder about steps relating to dividend
declaration, record date, etc.
Further, a list of dividends declared in the past and
last date for transfer to IEPF (as we include in notice)
may also be given.
Following is the suggested note for the same. |
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| Dividend Announcement |
|
The Board of Directors of the Company recommends
dividend at a specified percentage of face value of
Equity Share subject to approval of shareholders at the
Annual General Meeting. |
| |
| Book Closure Dates for the purpose of Dividend |
In pursuance of Section 154 of the Companies Act, 1956,
a book closure period for the purpose of determination
of the record date for determining the entitlement of
members to receive dividend for the financial year in
question is determined.
[Explanation1: “Book closure period” means the period
within which no transfer and/or transmission of shares
shall be registered in the books of the Company.
Explanation 2: “Record Date” means that date on which
the name of members appearing in the register of members
maintained by the company as well as appearing on the
records of depositories shall be taken for determination
of entitlement of dividend.] |
| |
| Declaration of dividend |
Dividend is declared in the Annual General Meeting
to the shareholders whose names appear in the register
of members maintained with the Company as well as
appearing on the records of depositories shall be taken
to be entitled for dividend. |
| |
| Transfer of Dividend to a separate
Dividend (Current) Account |
Within 5 days of the declaration of dividend by the
Company the amount of dividend is to be transferred to a
separate dividend account.
Hereinafter, dividend can be claimed by the shareholder
concerned. |
| |
| Dispatch of Dividend |
| In accordance with the provisions of Sec. 207 of the
Companies Act, 1956 the dividend declared in the Annual
General Meeting of the Company is dispatched to all the
members within a period of thirty days of such
declaration. |
| |
| Transfer of dividend to Investor
Education and Protection Fund |
- According to Sec. 205A of the Companies Act, 1956
the dividend which has been declared by the Company and
not paid/claimed to/by the shareholder (s) concerned
within a period of thirty days from such declaration has
to be transferred to the unpaid dividend account of the
Company within a period of 7 days from the expiry of
such thirty days.
- According to Sec. 205A of the Companies Act, 1956
the dividend which has been declared by the Company and
not paid/claimed to/by the shareholder (s) concerned
within a period of thirty days from such declaration has
to be transferred to the unpaid dividend account of the
Company within a period of 7 days from the expiry of
such thirty days.
- The information in respect of unclaimed dividend due
for transfer to the said Fund in future, is given in the
Corporate Governance Report forming part of Annual
Report. Shareholders who have not yet encashed their
dividend warrant (s) for such period, may send their
request for revalidation of Dividend Warrant (s) or
issue of duplicate Dividend Warrant (s), as the case may
be, to the Company’s Corporate Office immediately.
|
|
Financial Year |
Date of declaration of Dividend |
Last date for claiming unpaid Dividend |
Due date for transfer to IEP Fund |
|
2001-02 |
24.08.2002 |
21.09.2009 |
20.10.2009 |
|
2002-03 |
20.09.2003 |
18.10.2010 |
16.11.2010 |
|
2003-04 |
18.09.2004 |
16.10.2011 |
14.11.2011 |
|
2004-05 |
20.08.2005 |
17.09.2012 |
16.10.2012 |
|
2005-06 |
30.09.2006 |
29.10.2013 |
28.11.2013 |
|
2006-07 |
29.09.2007 |
28.10.2014 |
27.11.2014 |
|
2007-08 |
27.09.2008 |
26.10.2015 |
25.11.2015 |
|
| |
| Note for the year 2008-09 |
