THE SUKHJIT STARCH & CHEMICALS LIMITED
Regd. Office: Sarai Road,Phagwara, Distt. Kapurthala, Punjab – (144 401)
Tel. No. 01824-468800 Fax No. 01824-261669, 262077
Sub: TRANSFER OF UNPAID DIVIDEND/ EQUITY SHARES TO THE INVESTOR EDUCATION AND PROTECTION FUND (IEPF) AUTHORITY.
Kind Attention of the shareholders is drawn towards the unpaid amount out of the Final dividend for the financial year 2012-13, which was declared at Annual General Meeting (AGM) of the Company held on August 6, 2013 and is required to be deposited in IEPF Account on August 5, 2020.
Now, we wish to inform you that, in terms of provisions of Section 124 (6) and other applicable provisions the Companies Act, 2013 (“the Act”)read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (the IEPF Rules), the dividend which remains unpaid/unclaimed for a period of 7consecutive years is required to be transferred by the Company to IEPF, established by the Central Government and all underlying shares in respect of which dividend remains unpaid/unclaimed for 7 consecutive years also needs to be transferred to Demat account of IEPF Authority along with such unpaid dividend.
As per our records, click here for unpaid Dividend, you have not encashed any dividend, declared by the Company during the last 7 years. Accordingly, you must claim for unpaid dividend. In case the Company does not receive necessary documents required for claiming unpaid dividend before 25th July, 2020, the Company shall, in order to comply with the requirements of the Act and IEPF Rules, transfer the shares to the Demat Account of IEPF Authority on August 5, 2020, as per the procedure set out in the Act and IEPF Rules without any further notice to the shareholder. The Shareholder may note that once the dividend and their corresponding shares are credited to the Demat Account of IEPF Authority, no claim shall lie against the Company in respect thereof, pursuant to the Act and IEPF Rules.
The shareholder(s) holding shares in physical form and whose shares are liable to be transferred to the IEPF Authority, may note that upon transfer of shares to IEPF Authority the original share certificate(s) which are registered in their name will stand automatically cancelled and be deemed non-negotiable. In case of shares held in Demat Form, to the extent of shares liable to be transferred shall stand debited from the shareholder's account.
Shareholder may also note that both the unclaimed dividend and corresponding shares transferred to the IEPF Authority including all the benefits accruing on such shares, if any, can be claimed from the IEPF Authority by making an application in form IEPF-5 online at www.iepf.gov.in and sending the physical copy of the form along with the required supporting documents, specified in the said form IEPF 5 to the Company/ RTA for verification of your claims.
For any queries on the aforesaid subject the shareholder is requested to contact the Company or Company’s Registrar and Share Transfer Agent with a request giving necessary details (i.e. Folio no, DP-ID & client ID no. (if any), current address and contact numbers & details of Non-receipt of the Dividend Warrant etc.) at the earliest at the following addresses:-
|Company:The Company Secretary,THE SUKHJIT STARCH & CHEMICALS LIMITEDSarai Road, Phagwara, Punjab – 144 401.|
Tel: 01824 – 468800
E-mail: firstname.lastname@example.org / email@example.com
|Registrar & Share Transfer Agent:Skyline Financial Services Private Limited,D-153/A, Ist Floor, Okhla Industrial Area,Phase-1, New Delhi- 110 020, India.|
Email: firstname.lastname@example.org; email@example.com
Phone: (011)-26812682, 83, (011)-40450193-96
Yours faithfully, Place: New Delhi
For The Sukhjit Starch & Chemicals Limited Date: 25-06-2020
Vice President (Finance) & Company Secretary