Demat Initiatives

Why Demat

1. Easy portfolio monitoring

2. Periodic status reports and information available on internet

3. Elimination of bad deliveries

4. Ensures faster communication to investors

5. Elimination of all risks associated with physical certificates

6. Ease related to change of address

7. No stamp duty is paid on transfer of shares

8. Provides more acceptability and liquidity of securities

9. Immediate transfer/trading of securities

10. Postal delays and loss of shares in transit is prevented

11. Faster settlement cycle

12. Saves the shareholder from going through cumbersome legal processes to reclaim the lost/pilfered certificates

13. Faster disbursement of non-cash corporate benefits like rights, bonus etc.

In view of the advantages of holding shares in electronic form, Members holding their Equity Shares in physical form are urged to demat their holdings.

Depository Services

Members may write to the respective Depository or to TSRD for guidance on depository services. Address for correspondence with the Depositories is as follows:

National Securities Depository Limited

Trade World, 4th Floor
Kamala Mills Compound
Senapati Bapat Marg, Lower Parel
Mumbai 400 013.
Tel. No. : 022-2499 4200
Fax Nos. : 022-2497 6351
E-mail : info@nsdl.co.in info@nsdl.co.in
website : www.nsdl.co.in

Central Depository Services (India) Limited

Phiroze Jeejeebhoy Towers
17th Floor, Dalal Street
Mumbai 400 023
Tel. No. : 022-2272 3333
Fax Nos. : 022-2272 3199
E-mail : investor@cdslindia.com investor@cdslindia.com
website : www.cdslindia.com

Nomination Facility

Pursuant to the provisions of Section 72 of the Act, Members are entitled to make nominations in respect of shares held by them. Members holding shares in physical form and intending to make/change the nomination in respect of their shares in the Company, may submit their requests in Form No. SH.13 to TSRD. Members holding shares in electronic form are requested to give the nomination request to their respective DPs directly.

Form No. SH.13 can be obtained from TSRD or downloaded from the Company's website under the section 'Investor Relations'.

Reconciliation of Share Capital Audit

As stipulated by SEBI, a qualified practising Company Secretary carries out Secretarial Audit to reconcile the total admitted capital with NSDL and CDSL and the total issued and listed capital. This audit is carried out every quarter and the report thereon is submitted to the Stock Exchanges as well as placed before the Board of Directors. The audit confirms that the total listed and paid-up capital is in agreement with the aggregate of the total number of shares in physical form and the total number of shares in dematerialised form (held with NSDL and CDSL).