Unclaimed Dividend and Shares

Pursuant to the Section 124 of the Companies Act, 2013, read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (‘the Rules’), as amended, all unclaimed/un-encashed dividends are required to be transferred by the Company to the Investor Education and Protection Fund (IEPF) established by the Central Government, after the completion of seven years. Further, according to the Rules, the shares in respect of which dividend has not been claimed or en-cashed by the shareholders for seven consecutive years or more shall also be transferred to the demat account created by the IEPF Authority in accordance with the Rules:

The details of Nodal officer of the Company for coordination with the IEPF authorities are:

Mr. A.G.S. Manikantha, Company Secretary