Annual Report 2016-17

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124 • Annual Report 2016-17
The Board of Directors has recommended a onal dividend of ` 3 per equity share for the onancial year 2016-17.
If approved by the Members in the Twenty-Seventh Annual General Meeting, dividend will be paid to those Members
of the Company whose names would appear in the Register of Members as on the Book Closure dates, within
30 (Thirty) days from the date of Annual General Meeting.
Payment of dividend through Electronic mode:
Securities and E[change Board of India (SEBI) has vide Circular No. CIR/MRD/DP/10/2013 dated March 21, 2013
directed that /isted Companies shall mandatorilymake all payments to Investors, including Dividend to shareholders,
by using any Reserve Bank of India (RBI) approved electronic mode of payments Viz. ECS, /ECS (/ocal ECS), RECS
(Regional ECS), NECS (National ECS), NEFT etc.
1. The Company will use the bank details available with Depository Participant for electronic credit of Dividend.
2. In order to receive the dividend without loss of time, all the eligible shareholders holding shares in demat mode
were requested to update with their respective Depository Participants their correct Bank Account Number,
including 9 digit MICR Code and 11 digit IFSC Code, E-mail ID and mobile No(s).
Shareholders holding shares in physical form may communicate details relating to their Bank Account, 9 digit MICR
Code and 11 digit IFSC Code, E-mail ID and Mobile No(s) to the Registrar and Share Transfer Agents Viz. /ink Intime India
Private /imited, having address at Block No. 202, Second Floor, Akshay Comple[, Off Dhole Patil Road, Pune 411 001,
by quoting the reference folio number and attaching a photocopy of the Cheque leaf of their Active Bank account and
a self-attested copy of the their PAN card.
In case dividend payment by electronic mode is returned or rejected by the corresponding bank due to certain reasons,
the Bank will issue a dividend warrant and print the Bank account details available on its records on the said dividend
warrant to avoid fraudulent encashment of the warrants.
Unclaimed Dividend
According to the provisions of the Companies Act, 2013, the amount in the dividend account remaining unclaimed for
a period of 7 years from the date of its disbursement, has to be transferred to the Investor Education and Protection
Fund (IEPF) maintained by the Government of India.
Following are the details of the unclaimed dividend. If not claimed within the period of 7 (seven) years, then, the same
will be transferred to the Investors Education and Protection Fund (IEPF) in accordance with the schedule given below:
Financial
Year
Date of
declaration of
dividend and type
of dividend
Total Dividend
(In `)
Unclaimed
Dividend as on
March 31, 2017
(In `)
Due date for transfer of
unclaimed dividend to
Investor Education and
Protection Fund (IEPF)
Percentage
of unclaimed
dividend over
Total Dividend
2016-17 January 2017 –
Interim
48,00,00,000 120,324 February 26, 2024 0.0250
2015-16 March 2016 – 2nd
Interim
24,00,00,000 106,788 April 13, 2023 0.0445
2015-16 January 2016 -
Interim
40,00,00,000 214,080 February 28, 2023 0.0535
2014-15 July 2015 – Final 40,00,00,000 158,085 August 29, 2022 0.0395
2014-15 January 2015 –
Interim
40,00,00,000 110,940 February 4, 2022 0.0277
2013-14 July 2014 – Final 16,00,00,000 25,916 August 1, 2021 0.0162
2013-14 January 2014 –
Interim
32,00,00,000 90,768 February 1, 2021 0.0284
2012-13 July 2013 – Final 12,00,00,000 27,831 August 5, 2020 0.0232
2012-13 January 2013 –
Interim
24,00,00,000 75,486 February 1, 2020 0.0314
2011-12 July 2012 – Final 10,00,00,000 36,690 July 17, 2019 0.0367
2011-12 January 2012 –
Interim
14,00,00,000 66,815 January 27, 2019 0.0477
2010-11 July 2011 – Final 6,00,00,000 30,227 July 14, 2018 0.0504
2010-11 January 2011 –
Interim
16,00,00,000 69,136 February 24, 2018 0.0432
2009-10 July 2010 - Final 2,00,00,000 13,406 August 24, 2017 0.0670
2009-10 April 2010- Interim 6,00,00,000 55,407 May 29, 2017 0.9230
Total 3,300,000,000 1,201,899 0.0334