Shareholder -- Transfer of Shares to IEPF
Pursuant to provisions of Section 124(6) of the Companies Act, 2013 (Act) read with the 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 the 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 uploaded annually 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 :
- 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
- 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 the IEPF Authority pursuant to the said Rules. Further any corporate
benefit, including dividend, arising out of such shares shall be credited in favour of the
IEPF
Upon transfer of shares to the IEPF, Shareholders can only claim the shares from the IEPF by
following the below mentioned procedure :
- 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;
- 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 Nodal Officer at :
IL&FS Investment Managers Limited, The IL&FS Financial Centre, Plot No C-22, G Block,
Bandra Kurla Complex, Bandra East, Mumbai 400 051;
- The Company shall, upon the receipt of the claim form, file an online verification
report to the IEPF Authority;
- On verification, the IEPF Authority shall release the shares/dividend directly to the
claimant
In case of any further information/clarification, please contact at :
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
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,
- 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
- 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:
- 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;
- 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;
- 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;
- 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 |
Pursuant to the provisions of Section 124(6) of the Companies Act, 2013 and the Investor Education and
Protection Fund (Accounting, Audit, Transfer and Refund) Rules, 2016 notified by the Ministry of Corporate
Affairs (MCA) and further amendments thereto (�the Rules�), all shares in respect of which dividend has not
been paid or claimed for seven consecutive years or more, shall be transferred to the Investor Education and
Protection Fund (IEPF)
The unpaid or unclaimed for the Financial Year 2008-2009 has been already transferred to IEPF pursuant to
the provisions of the Companies Act, 2013. Accordingly, all the shares in respect of which dividends are not
paid or claimed for the last seven consecutive years, starting from the year 2008-2009 have to be
transferred to IEPF
The Company has vide its letter dated December 6, 2016, communicated to the concerned shareholders whose
shares are liable to be transferred to IEPF and requested them to claim unclaimed dividend
The Details of shareholders as on December 6, 2016 whose shares are liable to be transferred to IEPF by such
date as may be notified by MCA are set out as below :