NOTICE TO THE SHAREHOLDERS HOLDING SHARES IN PHYSICAL FORM
The SEBI has directed all listed companies vide its notification no. SEBI/LAD-NRO/GN/2018/24 dated June 8, 2018, not to process transfer of shares held in physical form (Share Certificate) beyond December 5, 2018, unless such shares are dematerialized with the depositories.
Dematerialization is the process by which a shareholder can get physical certificates converted into electronic balances.
Hence, you are requested to dematerialize your physical shares at the earliest as beyond December 5, 2018, the Company would not be able to process any transfer of physical shares.
To dematerialize the securities you need to have a demat account with a Depository Participant (“DP”) of your choice. The Names of the shareholders of the shares should match with the names given for the demat account and thereafter the shareholder has to surrender their physical share certificates along with “Dematerialization Request Form” to the DP. In the normal course, demat confirmation takes about 30 days from the date of submission of demat request to the DP.
In view of the above, you are requested to act promptly by dematerializing your equity shares held in physical form.