The Company has around 0.90 lakh shareholders holding Equity Shares in the Company as at 31st March, 2016. The Company's Equity Shares are under compulsory trading in demat form.
Over 96% of the Company's Equity Shares are held in demat form.
The Company's Equity Shares are freely transferable
except as may be required statutorily.
The Company's Equity Shares are listed at the
BSE Limited (BSE) and National
Stock Exchange of India Limited (NSE).
All share related matters viz., transfer, transmission,
transposition, nomination, dividend, change of
name / address / signature, registration of mandate
/ Power of Attorney, replacement / split / consolidation
of share certificate / demat / remat of shares,
issue of duplicate certificates etc. are being
handled by the Company's Share Transfer Agent
(STA), Karvy Computershare Private Limited (Karvy).
Karvy, is an ISO 9002 certified Registrar and
Share Transfer Agent, the largest Registrar in
India, having a vast number of Investor Service
Centres across the country and discharges investor
service functions effectively and expeditiously.
The Company has an established mechanism for investor
service, with Karvy and the Compliance Officer
appointed by the Company for this purpose, being
the important functional nodes.
The Company has engaged the services of a firm
of Chartered Accountants as Internal Auditors
to concurrently audit its share related transactions
as also the communications with its investors,
regulatory and other concerned authorities.
The Company has prescribed service standards for
various investor related activities being handled
by Karvy. Any deviation therefrom is examined
by the Internal Auditors who also advise the corrective
actions thereon and inform the Company on the
matters on a monthly basis.
The Board of Directors of the Company has constituted
a Stakeholders Relationship Committee
(the Committee) which, inter alia, approves issue
of duplicate share certificates and oversees and
reviews all matters connected with share transfers
and other related processes. The Committee also
looks into redressal of shareholders' complaints
related to transfer of shares, non-receipt of
balance sheet, non-receipt of declared dividend
etc. The Committee also oversees the performance
of the STA and recommends measures for overall
improvement in the quality of investor services.