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Shareholder -- Transfer of Shares to IEPF
Transfer of equity shares to the Investor Education and Protection Fund
Pursuant to provisions of Section 124(6) of the Companies Act, 2013 (Act) read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (IEPF Rules) which requires the Company to transfer the shares for which dividend has not been claimed for 7 (seven) consecutive years to Investor Education and Protection Fund (IEPF), a Fund constituted by the Government of India under Section 125 of the Companies Act, 2013

The Company has been sending reminder letters to the shareholders with a request to claim their outstanding dividend amount. Details of such unclaimed dividend are also regularly updated on the website of the Company at http://iimlindia.com/unclaimed_dividend.aspx

Please note, in case, the outstanding dividend amounts are not claimed , the underlying shares held in the accounts of the Shareholder(s) (either in Electronic / Physical mode) will to be transferred to DEMAT Account of IEPF without further notice to the Shareholders

In order to comply with the requirements following procedure stipulated in the Rules will be implemented,
  1. In case the Shareholder holds shares in physical form: Duplicate share certificate(s) will be issued and transferred to the IEPF Demat Account. The original share certificate(s) which stand registered in the name of the Shareholder and is/are held by the Shareholder will stand automatically cancelled and be deemed non-negotiable

  2. In case the Shareholder holds shares in electronic form: Necessary corporate action shall be initiated by the Company for transfer of shares to DEMAT Account of IEPF as per the rules

Please note that no claim shall lie against the Company in respect of unclaimed dividend amount and shares transferred to IEPF Authority pursuant to the said Rules, further any corporate benefit, including dividend, arising out of such shares shall be credited in favour of IEPF

Upon transfer of shares to IEPF, Shareholders can only claim the shares from the IEPF by following the below mentioned procedure:
  1. Make an online application in Form IEPF-5 available on the website http://www.iepf.gov.in/IEPFA/refund.html along with the fee as may be prescribed by the Central Government from time to time;
  2. Send a copy of the online application duly signed by him/her alongwith all documents mentioned in Form IEPF-5 for verification of his/her claim to the Company's Registrar and Share Transfer Agents, M/s Link Intime India Private Limited, Unit – IL&FS Investment Managers Limited, C-101, 247 Park, L B S Marg, Vikhroli (West), Mumbai 400 083;
  3. The Company shall, upon the receipt of the claim form, send a verification report to the IEPF Authority alongwith all documents submitted by the claimant;
  4. On verification, the IEPF Authority shall release the shares directly to the claimant.
In case of any further information/clarification, please contact the Company at IL&FS Investment Managers Limited The IL&FS Financial Centre, 1st Floor, Plot No. C - 22, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051, Phone +91 22-2659 3531, investor.relations@ilfsindia.com or the Company's Registrar and Share Transfer Agents, M/s Link Intime India Private Limited, Unit – IL&FS Investment Managers Limited, C-101, 247 Park, L B S Marg, Vikhroli (West), Mumbai 400 083; Tel. No.: +91-22-49186270; Fax No.: +91-22-49186060; E-Mail: iepf.shares@linkintime.co.in


Name of the Nodal Officer : Mr Sanjay Mitra
Designation : Company Secretary
Postal Address : IL&FS Investment Managers Limited
The IL&FS Financial Centre, 1st Floor,
Plot No. C - 22, G Block,
Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Phone : +91 22-2659 3531
Mobile No. : +91 98200 59311
Email Id : sanjay.mitra@ilfsindia.com




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