Transfer through Dematerialized Mode

Buy or sell shares only through recognised share brokers registered with Stock Exchanges. Ensure that you obtain a  proper Contract Note  from your  broker, against all your sales and purchases. Do preserve all such contract notes for your Income Tax accounting purposes.

When you buy shares in the depository mode through a recognised sharebroker, all you need is to provide details of your demat account to your broker. The shares bought will be directly credited to your Demat Account.

Transfer through Physical Mode

Please note that the shares of your Company are traded only in the electronic form on the Stock Exchanges and hence physical transfers can take place only by way of a direct deal amongst the transferors and transferees.

Incase of  transfer of shares in a physical mode, please fill in all the columns in the transfer deed. Sign the transfer deed at appropriate places. Affix share transfer stamps @ 0.25% of market value of shares on the date of transfer.

If the transferor has signed through a constituted attorney, ensure that the registration number of the Power of Attorney is mentioned on the reverse of the transfer deed.If your transfer deed is signed by your Constituted Attorney, attach the necessary Power of Attorney duly notorised and obtain a registration number from the company. In case, you have already registered the Power of Attorney with the Company in respect of a previous transfer, mention the registration number of such power of attorney in the forwarding letter.

If you are an existing shareholder, ensure that your signature appearing on the transfer deed is as per the specimen signature recorded with us. Any change in your specimen signature should be intimated to us immediately with your revised signature duly attested by your banker.

Provide us the name of your bank, branch and account number to enable us to incorporate the same in your dividend warrants. This will protect your interest against any fraudulent interception and encashment of your dividend warrants.

Ensure that you give your correct address with pin code on the transfer deed. Please give telephone no. / fax no. in the covering letter.

It is advisable to transfer the shares in joint names in order to avoid problems in the unfortunate event of death of the registered shareholder.

Keep photo copies of share certificates, transfer deeds, covering letter, postal registration receipt when you send the shares for transfer.

How to obtain New Sub-Divided share certificate of Face Value Rs.2/-

The Company subdivided it’s shares in the ratio of 5:1, thereby reducing the face value of it’s equity shares from Rs.10/- each to Rs.2/- each, on June 15, 2006.

A shareholder can obtain the new share certificate of face value of Rs.2/- each by surrendering the old share certificate of face value Rs.10/- each  to the Company.

How to change your address

Incase of Dematerialized Mode

A duly signed written request should be lodged with your Depository Participant quoting your DP ID and Client ID. for effecting change in address. Along with the request letter, please also provide self attested documentary evidence in support of your new address.

Incase of Physical Mode

A duly signed written request should be lodged quoting your Folio No. for effecting change in address. Ensure your signature appearing in such requests is as per specimen signature lodged by us. Please also provide self attested documentary evidence in support of your new address.

How to Consolidate Multiple folios

If you have more than one folio in the same name or in the same holding order, please forward your all such share certificates in original for consolidate such holdings into a single folio. Please note that all the shareholder sign on the request letter.

How to consolidate shares

If you hold multiple share certificates under a single folio, please send us the same alongwith a duly signed request letter for being consolidated into a single certificate.

How to split the shares

If you wish to split your single share certificate into to smaller denomination, please send us the share certificate alongwith a duly signed request letter for being sub-divided.

How to convert single holdings to Joint holdings

Requests for conversion of single holding to joint holding amounts to transfer, as it leads to change in pattern of ownership. It should be accompanied by a transfer deed, duly executed and stamped.

How to claim Duplicate share certificate

For claiming duplicate share certificate, one need to file a police complaint with their local police station, duly quoting the details of the misplaced share certificate, such as no. of shares, folio number, certificate nos. and distinctive nos. A duly certified (by a Notary) copy of the same should be forwarded to the Company.

After receiving the above, our share transfer agents mails questionnaire, indemnity, affidavit, surety forms for the purpose of execution and the draft of Public Notice for being published in a newspaper.  

On submission of these documents by a shareholder, the Company waits for 15 days for objections, if any in the matter. Subsequently, duplicate share certificates are issued after approval from the Board of Directors.

The process takes six weeks after receipt of documents in correct form.