Unpaid Dividend

TRANSFER OF EQUITY SHARES TO THE INVESTOR EDUCATION AND PROTECTION FUND (“IEPF”)

Pursuant to the applicable provisions of the Companies Act, 2013 and the provisions of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 ("the IEPF Rules") notified by the Ministry of Corporate affairs effective from September 7, 2016, and the said rules amended as “Investor Education and Protection Fund Authority (Accounting, Audit, transfer and Refund) Amendment Rules, 2017” effective from 28th February, 2017, all unpaid or unclaimed dividends are required to be transferred by the Company to the Investor Education and Protection Fund ("IEPF") established by the Central Government, after completion of seven years. The Rules, inter alia, contain provisions for transfer of all shares, in respect of which dividend has not been encashed or claimed by the shareholders for seven consecutive years or more, to the Investor Education and Protection Fund (“IEPF”).

Application to the Authority for claiming unpaid amounts and shares out of Investor Education and Protection Fund (IEPF) - www.iepf.gov.in