Pursuant to Sub-section 6 of Section 124 read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as notified by the Ministry of Corporate Affairs on 5th September, 2016; All shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the Company in the name of Investor Education and Protection Fund Suspense Account (IEPF Suspense Account).
The Company had earlier sent a notice along with the Dividend warrants for the Financial Year 2015-16, notifying all members with unpaid and unclaimed dividend of the consequences arising from not claiming the same within the stipulated time.
The list of Members who have not claimed dividend for the financial year 2008-09 and the number of shares held by them is scheduled to this notice.
The Members are requested to act swiftly and claim the unpaid dividend for the aforesaid financial year by 08.02.2017. The Company has appointed a Nodal Officer who shall start effecting the transfer of the shares of such members to the IEPF Suspense Account from 09.02.2017.
For Mysore Stoneware Pipes and Potteries Limited
R. K. Karthik