47
e.
In case of joint holder attending the Meeting, only such joint
holder who is higher in the order of names will be entitled
to vote.
f.
The Register of Members and Transfer Books of the Company
will be closed from Friday, July 11, 2014 to Thursday, July 31,
2014, both days inclusive. If the dividend as recommended
by the Board of Directors is approved at the Annual General
Meeting, payment of such dividend will be made on or after
August 1, 2014 as under:
i.
To all Beneficial Owners in respect of shares held in
electronic form, as per the data made available by the
National Securities Depository Limited and the Central
Depository Services (India) Limited, as of the close of
business hours on July 10, 2014.
ii.
To all Members in respect of shares held in physical
form, after giving effect to valid transfers in respect
of transfer requests lodged with the Company on or
before the close of business hours on July 10, 2014.
The ‘A’ Ordinary Shareholders will receive dividend for any
financial year at five percentage points more than the
aggregate rate of dividend declared on Ordinary Shares for
that financial year.
g.
Members who hold shares in single name and physical
form are advised to make nomination in respect of their
shareholding in the Company.
h.
Members who hold shares in physical form in multiple folios
in identical names or joint holding in the same order of
names are requested to send the share certificates to the
Company’s Registrars and Transfer Agents, for consolidation
into a single folio.
i.
Non-Resident Indian Members are requested to inform the
Company’s Registrars and Transfer Agents, immediately of:
a)
Change in their residential status on return to India for
permanent settlement.
b)
Particulars of their bank account maintained in India
with complete name, branch, account type, account
number and address of the bank with pin code number,
if not furnished earlier.
j.
In line with Securities and Exchange Board of India
(SEBI) directives, the Company is required to update
bank details of the shareholders to enable usage of the
electronic mode of remittance such as ECS [LECS (Local
ECS) / RECS (Regional ECS) / NECS (National ECS) ], NEFT
for distributing dividends and other cash benefits to its
shareholders. Further in cases where either the bank
details such as MICR (Magnetic Ink Character Recognition),
IFSC (Indian Financial System Code), etc. that are required
for making electronic payment are not available or the
electronic payment instructions have failed or have been
rejected by the bank, the Company would use physical
payment instruments for making payments to their
investors and shall mandatorily print the bank account
details of the investors on such payment instruments.
Payment of dividend and other cash benefits through
electronic mode has many advantages like prompt credit,
elimination of fraudulent encashment, no loss or delay
in transit. We request you to spare a few minutes of your
valuable time in updating your bank details as under:
-
In case your holding is in dematerialized form, please
instruct your Depository Participant to update your
bank details in your demat account.
-
In case your holding is in physical form, please inform
the Company’s Registrars and Transfer Agents alongwith
a photocopy of a blank cancelled cheque of your bank
account.
In case you do not avail of the said electronic mode for
payments, the Company will print the bank details provided
by you on the payment instrument.
k.
SEBI has mandated the submission of Permanent Account
Number (PAN) for participating in the securities market,
deletion of name of deceased holder, transmission/
transposition of shares. Members are requested to
submit the PAN details to their Depository Participant
in case of holdings in dematerialized form and to the
Company’s Registrars and Transfer Agents, mentioning
your correct reference folio number in case of holdings in
physical form.
Notice
Directors’ Report
(44-52)
Management Discussion & Analysis
Corporate Governance
Secretarial Audit Report
