Unclaimed Debenture dues

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 the debentures held by holders of more than 2000 fully paid debentures, whose repayment schedule has not commenced.

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 20th December, 2012 (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 20th December, 2012.

Category of restructured debenturesPresent StatusFile nos.
Partly paid/Upto 2000 fully paid NCDs final redemption on 31.3.2010 Remaining unclaimed File no.14 
Upto 2000 fully paid NCDs Option 3A final redemption on 31.12.2009 Remaining unclaimed File no.13 
Partly paid/Upto 2000 fully paid NCDs second redemption on 30.9.2009 Remaining unclaimed File no.12 
Partly paid/Upto 2000 fully paid NCDs first redemption on 30.9.2008 Remaining unclaimed File no.8 
Partly paid NCDs second interest on 20.4.2008 Remaining unclaimed File no.7 
Partly paid NCDs first interest on 20.4.2007 Remaining unclaimed File no.5 
Upto 2000 fully paid NCDs      
  • 1st redemption of Option 3B and final redemption of Option 3C on 31.12.2005
Transferred File no.2  
  • Interest on Option 3A and payment to Interest Holders on 31.12.2005
Transferred File no.3 
  • Final redemption of Option 3B and 1st redemption of Option 3A on 31.12.2006
Remaining unclaimed File no.4 
  • 2nd redemption of option 3A on 31.12.2007
Remaining unclaimed File no.6 
  • 3rd redemption of Option 3A on 31.12.2008
Remaining unclaimed File no.11 
Upto 2000 fully paid NCDs
  • Outstanding interest on option 3A, 3B, 3C & Interest Holders payment on 31.12.2004 & 31.03.2005
Transferred File no.15 
Interest payment on NCDs from 21.4.1995 to 31.12.1998 Transferred File no.1 

 

Please note that out of the above the Company has transferred to IEPF the debenture dues as on 31/12/2012 since they were unclaimed for seven years remaining from the first date of redemption.

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