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Unclaimed Dividend

“Pursuant to Section 205C of the Companies Act, 1956, the Company is required to transfer the amount of dividend remained unclaimed for a period of seven years from the unpaid dividend account to the Investor Education and Protection Fund (IEPF). The shareholders who have not claimed their dividend are advised to do the same as once unclaimed dividend is transferred to IEPF, no claim shall lie in respect thereof with the Company. Ministry of Corporate Affairs has issued a Circular notifying the Rule "Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with Companies) Rules, 2012". As per this Rule, companies have to identify and upload details of unclaimed dividend on their website. Accordingly detailed information as on 30.06.2015 in respect of the relevant financial years is provided for the benefit of our shareholders