|
demat
| share transfer information
| share transfer data
Depository
Services
The equity shares of the company are under compulsory
demat trading by all investors. Shares are available
for demat with both the depositories in India
– National Securities Depository Ltd (NSDL)
and Central Depository Services (India) Ltd (CDSL).
Considering
the advantages of scripless trading, shareholders
holding shares in physical form should consider
dematerialisation of their holding. Shareholder(s)
who want to hold shares in demat form should open
a demat account with a depository participant
(DP) registered with either NSDL or CDSL, and
then surrender their share certificate(s) for
dematerialisation to the company through the DP.
Steps
involved in the dematerialisation of shares:
::
Shareholder fills out a a dematerialisation request
form (DRF) and surrenders the defaced share certificate(s)
to the DP.
::
The DP intimates the company of this request through
the system.
::
The DP submits the share certificate(s) and the
DRF to the company.
::
The company updates the register of members and
then validates the request.
::
The depository credits the DP's account.
::
The DP updates the investor's demat account and
informs investor.
Should
members require any further clarification about
this facility, they can write to the Share Department
of the company at Worli, Mumbai.
At
present, no stamp duty has to be paid on transfer
of shares in demat form.
| Name
& Address of Depository |
National
Securities Depository Ltd
Trade World, 4th Floor, Kamala Mills Compound,
Senapati Bapat Marg,
Lower Parel, Mumbai - 400 013
Tel: (022) 24972964 to 70
Fax: (022) 24972993 / 24976351
E-mail: info@nsdl.co.in
Website: www.nsdl.co.in
|
Central
Depository Services (India) Ltd
Phiroze Jeejeebhoy Towers, 28th Floor, Dalal
Street, Mumbai - 400 023
Tel: (022) 22723333 / 22723224
Fax: (022) 22723199
E-mail: investors@cdslindia.com
Website: www.cdslindia.com |
 |
Demat
| Dematerialisation
of shares and liquidity |
Over
86 per cent of outstanding shares have been
dematerialised. Trading
in Hindalco shares is permitted only in
the dematerialised form from 5 April 1999.
|
| Details
on use of public funds obtained in three years |
The
company has utilised the proceeds of right
issue aggregating to Rs.11086 million for
the purpose of defraying issue related expenses
of Rs.366 million and Rs.1443 million towards
subscription of shares of subsidiary company
and balance amount is temporarily invested
in short term liquid securities. |
| Outstanding
GDR / warrants / convertible bonds |
120,975,952
GDRs consisting of 101,809,839 fully paid
up, 19,083,221 partly paid (50 per cent) and
82,892 partly paid up (25 per cent) are outstanding.
|
| Investor
correspondence |
The
Company Secretary
Hindalco Industries Limited
Century Bhavan, 3rd floor
Dr Annie Besant Road
Worli, Mumbai 400 030
Tel: (+91-22) 6662 6666
Fax: (+91-22) 2422 7586 / 2436 2516
Email: amalik@adityabirla.com
|
Share transfer information
| Registrar
and transfer agents |
The
Company has an inhouse investors service
department, which is as follows:
Registered with SEBI as a category II share
transfer agent vide registration no INR
000003910
Investors Service Department
Hindalco Industries Limited
Ahura Centre, 1st floor, B Wing
Mahakali Caves Road, Andheri (East)
Mumbai 400 093
Tel: (+91-22) 6691 7000 / 11 / 19
Fax: (+91-22) 6691 7001
E-mail: amalik@adityabirla.com
|
|
Share
transfer system
|
The
Securities Transfer Committee meets every
fortnight for approval of share transfers
in physical form. Processing of requests received
for share transfers are normally completed
within seven to 10 days from the date of their
receipt at the Share Department of the company,
provided the necessary documents are in order.
When the share transfer process is complete,
an offer letter is sent to the transferee
with an option to receive credit of the transferred
shares in electronic form, if so desired,
under the transfer-cum-demat facility of the
company. According to SEBI's Letter No: D&CC/NSDL-CDSL/3524/2003
dated February 12, 2003, this facility is
available for transfer of up to 500 shares.
Shareholders who opt for this facility by
submitting the offer letter along with the
dematerialisation request form (DRF) duly
authenticated by the depository participant
(DP), receive the electronic credit of the
shares in their demat account maintained with
the DP.
In case transferee opts to receive the transferred
share certificate(s) in physical form or does
not submit the offer letter in time, share
certificate(s) will be sent to the transferee. |
| Shares
transferred during the year |
Share
transfers in physical form are dispatched
within 15 days of receipt, if the documents
are clear in all respects. Officers of the
company have been authorised to approve transfers
upto 10,000 shares in physical form under
one transfer deed.
The total number of shares transferred in
the physical form during the year was 42,
44,107 (previous year 9,54,925). |
Share
transfer data
|
Transfer
period
(in days)
|
2006-2007
|
2005-2006
|
|
No.
of transfers
|
No.
of shares
|
Per
cent
|
No.
of transfers
|
No.
of shares
|
Per
cent
|
|
1-10
|
2,156
|
3,590,765
|
64.65
|
2,212
|
698,106
|
78.58
|
|
11-15
|
620
|
413,585
|
18.60
|
403
|
183,603
|
14.32
|
|
16-20
|
140
|
35,989
|
4.20
|
104
|
30,732
|
3.69
|
|
21-30
|
419
|
203,768
|
12.55
|
96
|
42,484
|
3.41
|
Total
|
3,335
|
4,244,107
|
100.0
|
2,815
|
954,925
|
100.0
|
|
