The Calcutta Stock Exchange Ltd.
7, Lyons Range, Kolkata-700001
Phone: 03340253000, Fax: 03340253019
Website: www.cse-india.com, Email: email@example.com
NOTICE TO SHAREHOLDERS
(For transfer of shares to Investor Education and Protection Fund)
NOTICE is hereby given to the shareholders of The Calcutta Stock Exchange Ltd (“the Company”) that pursuant to Section 124(6) of the Companies Act, 2013 and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 as amended (hereinafter called ‘the Rules’), all shares in respect of which dividend has not been paid or claimed for seven (7) consecutive years or more, by any shareholders shall be transferred by the Company to the Investor Education and Protection Fund Authority (IEPF Authority) in terms of the said Rules.
The unpaid / unclaimed dividends have been transferred from time to time as per the applicable provisions of the Companies Act, 1956 and / or Companies Act, 2013 (hereinafter referred to as the Act) to the Central Government / Investor Education and Protection Fund (IEPF). The last such transfer was made on 18.12.2016 with regards to the dividend paid for the financial year 2008-09
The Company has already sent intimation at the latest available address individually to each of the shareholder(s) whose shares are liable to be transferred to IEPF under the rules requesting them to take needful action on or before 15th May 2017. The full details of such shareholders including their folio number or DP ID-Client ID and number of shares due for transfer are also available on the website of the Company www.cse-india.com. Shareholders are requested to verify the details of their share(s) liable to be transferred to the IEPF Authority.
Notice is further given to all such shareholders to forward the requisite documents as mentioned in the aforesaid intimation to the Registrar & Share Transfer Agents by 15th May 2017 with a request for claiming the unpaid dividend for the year 2009-10 and onwards so that the shares are not transferred to IEPF Authority. In the event, no communication is received from them, Company will be constrained to transfer the shares to IEPF, without any further notice, by following the procedure as notified in the rules, which is as under:
i. In case of shares held in physical form: by issuing duplicate share certificate(s) and thereafter transferring the same to IEPF Authority;
ii. In case of shares held in Demat form: by transfer of shares directly to Demat account of the IEPF Authority.
Concerned shareholders may please note that the details uploaded by the Company on its website shall be deemed adequate notice in respect of issue of the duplicate share certificate(s) by the Company for the purpose of transfer of physical shares to the IEPF Authority.
Shareholders can claim back from the IEPF Authority the shares so transferred as well as unclaimed dividends and corporate benefits accruing on such shares, if any, by following the process prescribed in the Rules. No claim shall lie against the Company with respect to the unclaimed dividend and shares transferred to the IEPF pursuant to the Rules.
In case shareholders have any query on the subject matter and the Rules, they may contact the Company or the Company’s Registrars & Share Transfer Agent, C B Management Services (P) Limited, P-22, Bondel Road, Kolkata – 700 019 [Phone: (033) 2280-6692 /4011-6700 /18 / 23 / 28, Fax (033) 4011-6739; E-mail: firstname.lastname@example.org].
For The Calcutta Stock Exchange Ltd.
Dated: 31st March, 2017