Unpaid/unclaimed DividendPursuant to section 205C of the Companies Act, 1956, the Central Government has established a Fund called Investor Education and Protection Fund (IEPF) which is credited inter- alia with the amount of Dividend remaining unclaimed and unpaid for a period of 7 years from the date they are transferred to unpaid Account.
On 10th May, 2012, the Ministry of Corporate Affairs has notified Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, whereby companies are required to identify and upload information regarding unclaimed amounts due to be transferred to IEPF on the Ministry's website and also on its own website. It has been the endeavour of the Company to be present across all segments of the realty sector and its modern commercial offerings are inline with this stratergy.
Accordingly, such unpaid / unclaimed amounts along with their respective due dates for transfer to IEPF are provided for the benefit of shareholders. The shareholders may claim their unclaimed / unpaid amount due to them by making an application to the Company giving their particulars before the same are transferred to the IEPF. Once unclaimed dividend is transferred to IEPF, no claim shall lie in respect thereof either with the Company or IEPF.
LIST OF SHAREHOLDERS TO WHOM NOTICE WAS SEND AS PER IEPF RULES
|Financial Year||Type of Dividend||Rate of Dividend||Date of declaration of Dividend||Due date of Transfer to IEPF||Amount in Rs as on 31st March, 2018|
|2016-2017||Final||Rs. 3.00 per share||29th Sept., 2017||4th Nov.,2024||1304190/-|
|2015-2016||Final||Rs. 0.80 per share||26th Aug.,2016||2nd Oct.,2023||109220.4/-|
|2015-2016||Interim||Rs. 1.70 per share||9th Mar.,2016||15th Apr.,2023||196625.4/-|
|2014-2015||Final||Rs. 1.70 per share||25th Sept.,2015||30th Oct.,2022||3,96,533.5/-|
|2013-2014||Final||Rs. 1.50 per share||27th Sept.,2014||2nd Nov.,2021||422075/-|
|2012-2013||Final||Rs. 1.50 per share||27 th Sept., 2013||2 nd Nov., 2020||234841.50/-|
|2011-2012||Final||Rs. 1.70 per share||28th Sept.,2012||3rd Nov.,2019||202983.4/-|
|2010-2011||Final||Rs. 1.40 per share||30th Sept.,2011||5th Nov.,2018||178246.4/-|
Details of Nodal Officer Nodal Officer under Rule 7(2A) of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2017:-
|Name of the Nodal Officer:||Ms Harshini D Ajmera|
|Postal Address:||Citi Mall, 2nd Floor, New Link Road, Andheri (W), Mumbai- 400 053|