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Share Transfer System
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The Registrar and Share Transfer Agents, M/s BEETAL Financial
& Computer Services Pvt Ltd. handle share transfers under the
overall supervision of the Stakeholders Relationship Committee.
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DEMATERIALIZATION OF SHARES
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Depository Services
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Shares are available for demat with both the depositories in India -
National Securities Depository Ltd (NSDL) and Central Depository
Services (India) Ltd (CDSL).
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Considering the advantages of scrip less trading, shareholders
holding shares in physical form should consider dematerialization of
their holding. Shareholder(s) who want to hold shares in demat form
should open a demat account with a depository participant (DP)
registered with either NSDL or CDSL, and then surrender their share
certificate(s) for dematerialization to the company through the DP.
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Steps involved in the dematerialization of shares
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Shareholder fills out a a dematerialization request form (DRF) and
surrenders the defaced share certificate(s) to the DP.
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- The DP intimates the company of this request through the system.
- The DP submits the share certificate(s) and the DRF to the
company.
- The company updates the register of members and then validates
the request.
- The depository credits the DP's account.
- The DP updates the investor's demat account and informs
investor.
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If members require any further clarification about this facility,
they can write to the Company's RTA. At present, no stamp duty has
to be paid on transfer of shares in demat form.
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Investor grievances received and attended during the year
ended 31st March, 2024
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Statics of Complaints / requests
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Nos.
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Pending as on 01-04-2023
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Nil
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Received during the year
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Nil
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Resolved / disposed off during the year
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Nil
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Pending as on 31-03-2024
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Nil
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Nomination Facility
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Shareholders holding shares in physical form and desirous of making a
nomination in respect of their shareholding in the Company, as
permitted under Section 72 of the Companies Act, 2013, are requested
to submit to the Company's Share Transfer Agents BEETAL Financial
& Computer Services Pvt Ltd. BEETAL HOUSE, 3rd Floor, 99,
Madangir, Behind LSC, New Delhi - 110062. Nomination facility in
respect of shares held in electronic form is also available with the
Depository Participant (DP) as per the Bye laws and Business rules
applicable to NSDL and CDSL.
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Section 72 of the Companies Act, 2013, extends a nomination facility
to individuals holding shares in physical form in companies.
Shareholders, in particular those holding shares in a single name
should, in their own interest, avail of this facility by giving the
particulars of their nomination in the prescribed nomination form.
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In case shares are held in a single name and the shareholder has
expired, the following documents are required to be submitted by
nominee(s):
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* Original or certified copy of death certificate of the deceased
holder.
* A letter of request from the nominee(s) duly filled
in and signed.
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