|
depository
system | demat |
share transfers | ECS facility
Depository System (DS)
Trading in shares of the company is permitted only in dematerialised form. As
such, we wish to advice members to arrange to dematerialise their shareholding
in the company as DS weeds out several problems which are otherwise associated
with the scrip-based system such as bad deliveries, fraudulent transfers, fake
certificates, thefts in postal transit, delay in transfers, long settlement
cycles, mutilation of share certificates, etc. At the same time, DS offers
several advantages like exemption from stamp duty, elimination of the concept
of market lot, elimination of bad deliveries, reduction in transaction costs,
improved liquidity, etc.
For further information on matters relating to dematerialisation of shares,
members may write to the
Share Department of the company at Veraval, Gujarat.
| Name and address of
depository |
|
National Securities Depository Ltd
Trade World, IV floor
Kamala Mills Compound
Senapati Bapat Marg
Lower Parel
Mumbai 400 013
Tel: 022-2499 4200
Fax: 022-2497 2993 / 2497 6351
E-mail: info@nsdl.co.in
Website:
www.nsdl.co.in
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Central Depository Services (India) Ltd
Phiroze Jeejeebhoy Towers
17th floor, Dalal Street
Mumbai 400 023
Tel: 022-2272 3333 - 3324
Fax: 022-2272 3199
E-mail: investors@cdslindia.com
Website:
www.cdslindia.com |
Demat
| Dematerialisation
of shares and liquidity |
|
The Equity Shares of
the Company are required to by compulsorily
traded in the dematerialized form. The
Equity Shares of the Company are admitted
for trading under both the Depository
System in India – NSDL and CDSL.
The International Securities Identification
Number (ISIN) allotted to the Company’s
Equity Shares under the Depository System
is INE069A01017. A total of 90,808,031
shares of the Company constituting 95.58%
of the Issued and Subscribed Share Capital
were dematerialized as on 31st March,
2009.
|
| Outstanding
GDR/warrants and convertible bonds, conversion
date and likely impact on the equity |
| Outstanding GDRs as on 31st
March, 2009 are 3,277,725 amounting to 3.45%
of outstanding paid-up equity capital of
the Company. Each GDR represents one underlying
Equity Shares. The Company has granted 329,373
options in two trenches to eligible employees
under the Company's Employee Stock Option
Scheme, 2006 (ESOS-2006) . As on 31st March,
2009, 265783 options are outstanding and
remaining to be exercised during their respective
vesting schedule . Each Stock option enables
an employee to apply for one Equity Share
during the vesting period. The Company has
also issued and allotted 20,500,000 warrants
on preferential basis to the Promoter and
Promoter Group Companies in February 2008.
These warrants entitle the holder thereof
to apply for and obtain allotment of one
Equity Share of the face value of Rs. 10/-
each at a premium of Rs. 1,997.45 per share
within a period of 18 months from the date
of allotment. During 2007-2008, two of the
allottees applied for conversion of 1,700,000
warrants allotted to them into Shares and
accordingly 1,700,000 Equity Shares were
allotted on 31.03.2008. Total 18,800,000
Warrants are outstanding as on 31st March,
2009. |
Share transfers
| Registrars and transfer agents
(For share transfer and other communication relating to share certificates,
dividends and change of address) |
|
In-house Share Transfer
Registered with SEBI as Category II –
Share Transfer Agent
(Registration No. INR 000001815)
Investor Service Centre
Registered Office
Indian Rayon Compound
Veraval 362 266
Gujarat, India
Tel: 91-2876-245 711 / 248401
Fax: 91-2876-243 220
E-mail:
abnlsecretarial@adityabirla.com
|
| Share transfer system |
|
Share transfers in physical form are registered normally within
two to three days from the date of receipt, provided that the documents are
clear in all respects.
Investor relations and finance committee of the Board considers and approves
transfer above 5,000 shares and debentures under one transfer deed. Further,
certain officers of the company have been
authorised to approve transfers up to 5,000 shares and debentures under one
transfer deed.
The total number of shares transferred
in physical form during the financial
year 2008-09 was 55,445 (Previous year
81,981). Majority of transfers were completed
within 2-3 days from the date of receipt.
|
ECS facility
Shareholders holding shares in physical form and
desirous of availing the facility of electronic
credit of dividend or recording change in their
existing mandate registered with the company may
write to the company at its Investor Service Centre
at Veraval – 362 266, Gujarat or download the
ECS
Mandate registration form available on the
website and thereafter forward the same to the
company for registration.
In respect of electronic share accounts, members are requested to
notify / update their ECS details to / with their respective depository
participants.
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