We at Dalmia are deeply committed to the people of our organization as we account our success to the integrity and effort shown by them. We foster an environment that is supportive of their personal and professional development, so that they may maximize the opportunities to achieve their career goals.
We are committed to creating exceptional value for our customers, employees, shareholders, vendors and the communities we operate in and above all the nation, through our core values of Learning, Excellence, Teamwork and Speed.
Please note that Dalmia Bharat Sugar and Industries Limited (hereinafter referred to 'the Company') is required in terms of Section 124 (6) of the Companies Act, 2013 ('CA2013') read with Rule 6 of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 and Amendment Rules, 2017 ('IEPF Rules') to credit such shares, in respect of which dividend has not been claimed for seven consecutive years or more, to Demat Account of Investor Education and Protection Fund ('IEPF') Authority ('IEPF Authority') within a period of thirty days of such shares becoming due to be transferred to the Fund.
The due date of transfer of such shares shall be deemed to be May 31, 2017 in cases where the period of seven years provided under sub-section (5) of section 124 of the CA2013 has been completed or being completed during the period from September 07, 2016 to May 31, 2017.
Please note that Interim dividend for the Financial Year 2009 - 2010 with respect to the shares held by you (as mentioned above) has been transferred to IEPF on March 14, 2017 upon completion of seven years in terms of sub-section (5) of section 124 of the CA2013 and the dividend for the years subsequent to the Interim dividend for the Financial Year 2009 – 2010 has remained unclaimed till date. Accordingly, the due date for transfer of shares held by you to Demat Account of IEPF Authority is May 31, 2017 and the Company shall accordingly transfer the said shares within 30 days thereof.
The details of such shareholders inter-alia their names, folio number or DP ID-Client ID and number of shares due for transfer can be seen by clicking here.
Please note that the voting rights on the shares so transferred shall remain frozen until the rightful owner claims such shares and all the benefits accruing on such shares, e.g., bonus shares, split, consolidation, fraction shares, etc. except right issue shall also be credited to such Demat Account of IEPF Authority.
Only in case, there is a specific order of Court or Tribunal or statutory authority restraining transfer of shares and payment of dividend or where the shares are pledged or hypothecated under the provisions of the Depositories Act, 1996, the Company will not transfer the shares to Demat Account of IEPF Authority.
You are accordingly requested to please advise us if there is a specific order of Court or Tribunal or statutory authority restraining transfer of your shares and payment of dividend or if the shares are pledged or hypothecated under the provisions of the Depositories Act, 1996 and provide us a copy of such order on or before May 20, 2017. You may contact at the following address:
Mr. M S Madhusudhan
Karvy Computershare Private Limited
Unit: Dalmia Bharat Sugar and Industries Limited
Karvy Selenium Tower B, Plot 31-32, Gachibowli
Financial District, Nanakramguda
Hyderabad - 500 032
Please note that no claim shall lie against the Company in future with respect to the shares so transferred to the IEPF pursuant to IEPF Rules. However, you may claim the shares under proviso to Section 124(6) of CA2013 or apply for refund under Section 125(3)(a) or under proviso the Section 125(3)of CA2013, as the case may be, from IEPF Authority by submitting an online application in Form IEPF-5 available at www.iepf.gov.in.
Copyright DALMIA BHARAT Ltd 2010. All rights reserved
Dalmia made its foray into sugar business in mid-nineties. Our first unit of 2500 TCD was set up at Village Ramgarh, Uttar Pradesh in 1994 now expanded to Maharashtra with a total of four plants and a capacity of over 25000 TCD. Today, our client list includes Large Indian Companies and MNCs like Pepsi, Coke, Britannia, Bharti Wal-Mart, Parle, etc.
Our state-of-the-art facilities have emerged as the role model for others in the sugar industry in India. Be it our sugar mills or the sugar production technology or our people, we are constantly innovating to cater to wide product segment of Molasses, Alcohol, Sugar, Power and Organic Manure. Under the leadership of Puneet Dalmia, we are deeply focused on sustainable growth, driven by strong ethical values and newthink!