- Transfer of Shares to IEPF
Notice to the Shareholders (Notice dated 10.06.2021)
Dear Shareholder,
Please note that dividend for the financial year ended March 31, 2014, on the shares held by you, is due for transfer to Investor Education and Protection Fund ('IEPF') on September 11, 2021 upon completion of seven (7) years in terms of sub section (5) of Section 124 of the Companies Act, 2013 ('CA2013'). Further, please note that the dividend(s) on the said shares for the financial years subsequent to financial year 2013-14 has also remained unpaid/unclaimed till date.
In terms of Section 124 (6) of the CA2013 read with Rule 6 of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 as amended ('IEPF Rules'), Dalmia Refractories Limited (hereinafter referred to 'the Company') is required to credit such shares, in respect of which dividend has not been paid or claimed for seven consecutive years or more, to Demat Account of IEPF Authority within a period of thirty days of such shares becoming due to be transferred to the Fund.
The due date of transfer of shares held by you is accordingly September 11, 2021, i.e., upon completion of the period of seven (7) years or any other date as may be notified by the Ministry of Corporate Affairs in this regard.
Please note that the voting rights on the shares so transferred shall remain frozen until the rightful owner claims such shares and all the benefits accruing on such shares, e.g., bonus shares, split, consolidation, fraction shares, etc. except right issue shall also be credited to such Demat Account of IEPF Authority.
Only in case, there is a specific order of Court or Tribunal or statutory authority restraining transfer of shares and payment of dividend or where the shares are pledged or hypothecated under the provisions of the Depositories Act, 1996, the Company will not transfer the shares to Demat Account of IEPF Authority.
You are accordingly requested to please advise us if there is a specific order of Court or Tribunal or statutory authority restraining transfer of your shares and payment of dividend or if the shares are pledged or hypothecated under the provisions of the Depositories Act, 1996 and provide us a copy of such order on or before September 11, 2021. You may approach in this regard to:
The Company Secretary
M/s Dalmia Refractories Limited
4, Scindia House, Connaught Place,
New Delhi-110001
Email:snccil@dalmiarf.com
Website: www.dalmiarefractories.comMr. M.S. Madhusudhan
M/s KFin Technologies Pvt. Ltd.,
Unit: Dalmia Refractories Limited
Karvy Selenium Tower B, Plot 31-32 Gachibowli,
Financial Districtm, Nanakramguda,
Hyderabad 500032
Phone No: 040-67162222
Email: einward.ris@kfintech.comPlease note that no claim shall lie against the Company in future with respect to the shares so transferred to the IEPF pursuant to IEPF Rules. However, you may claim the shares under proviso to Section 124(6) of CA2013 and/or apply for refund under Section 125(3)(a) or under proviso the Section 125(3) of CA2013, as the case may be, from IEPF Authority by submitting an online application in Form IEPF-5 available at www. iepf.gov.in.
The details of such shareholders inter-alia their names, folio number or DP ID-Client ID and number of shares due for transfer can be seen by clicking here.
