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Unclaimed Debenture dues

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The Company has paid interest on all Non Convertible Debentures of Rs. 105/- each (debentures) and redeemed the entire principal amount of the debentures except for holders of debentures holding more than 2000 debentures.

As per applicable provisions of the Companies Act, 1956, the Company is retaining all unclaimed debenture interest / redemption amounts for seven years from the respective date(s) of payment. If you have not received any of the debenture dues, you may please contact the Share Transfer Agent, M/s Datamatics Financial Services Ltd. with relevant particulars of debenture folio number / DP/Client ID, name of the investor, etc. and we shall arrange to pay the debenture dues if it remains unpaid in our records.

After the end of seven years from the date of last payment, the outstanding unclaimed amount with the Company is being transferred to Investor Education and Protection Fund (IEPF) maintained by the Central Government.

In terms of the Investor Education and Protection Fund (Uploading of Information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012 (Rules) the company has reported to the Ministry of Corporate Affairs the details of the unclaimed amounts lying unclaimed with the Company in respect of the debenture dues as of 27th September, 2013 (the date of the last AGM).

In compliance with the Rules, set out below are the statements containing details of the investors and the sums lying unclaimed with the Company as of 27th September, 2013.

Category of restructured debentures Present Status File nos.
  • Final redemption of Option 3B and 1st redemption of Option 3A on 31.12.2006
Transferred to IEPF File no.1 
  • Partly paid NCDs first interest on 20.4.2007
Remaining unclaimed File no.2  
  • 2nd redemption of Option 3A on 31.12.2007
Remaining unclaimed File no.3 
  • Partly paid NCDs second interest on 20.4.2008
Remaining unclaimed File no.4 
  • Partly paid/Upto 2000 fully paid NCDs first redemption on 30.9.2008
Remaining unclaimed File no.5 
  • 3rd redemption of Option 3A on 31.12.2008
Remaining unclaimed File no.6 
  • Partly paid/Upto 2000 fully paid NCDs second redemption on 30.9.2009
Remaining unclaimed File no.7 &
File no.7A
  • Upto 2000 fully paid NCDs Option 3A final redemption on 31.12.2009
Remaining unclaimed File no.8 
  • Partly paid/Upto 2000 fully paid NCDs final redemption on 31.3.2010
Remaining unclaimed File no.9  &
File no.9a 
  • Above 2000 fully paid NCDs Option not exercised quarterly interest payments
Remaining unclaimed File no.10 

Please note that out of the above, the Company has transferred to IEPF the debenture dues that were paid on 31/12/2006 and were lying unencashed and unclaimed with the Company for a period of 7 years (upto 31/12/2013).

 
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