Transfer Of Shares To IEPF

Notifications and circulars

In terms of Section 124 of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, Equity Shares of the Company in respect of which dividend entitlements have remained unclaimed or unpaid for seven consecutive years or more, are required to be transferred by the Company to the Investor Education and Protection Fund (IEPF) of the Government of India.

Communication has been sent by the Company to the concerned Members who have not claimed their dividend for seven consecutive years or more providing them an opportunity to claim such dividend.

In case of any queries, regarding subject matter and rules the concerned shareholders may contact the Company’s Registrar and Share Transfer Agent viz. Maheshwari Datamatics Private Limited at 23 R.N. Mukherjee Road, 5th Floor, Kolkata-700 001 or at mdpldc@yahoo.com or to the Company Secretary, Jai Balaji Industries Limited, 5 Bentinck Street, Kolkata-700 001 or at jaibalaji@jaibalajigroup.com.

However, even if you opt for electronic mode, as a member of the Company, you will be entitled to be furnished, free of cost, with a physical copy of the Balance Sheet of the Company and all other documents required by law to be attached thereto and all other communication that may be sent to you, upon receipt of requisition from you to this effect.

We seek your co-operation in helping the Company to implement the “Green initiative” of the Government as your support will go a long way in saving trees and also result in substantial cost savings.

Access link for claiming refund: www.iepf.gov.in/IEPF/refund.html