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Investor Relations
Home > Investor Relations > Investor Help Desk > Investor Services

Investor Services

Transfer of unclaimed dividend to Investor Education and Protection Fund

Pursuant to the provisions of Sections 205A and 205C of the Companies Act, 1956, the dividend which remains unclaimed/unpaid for a period of seven years from the date of transfer to the unpaid dividend account is required to be transferred to the Investor Education and Protection Fund (IEPF) established by the Central Government.

The status of dividend remaining unclaimed is given hereunder :

Unclaimed Dividend

Status

Whether it can be claimed

Can be claimed from

Upto and including the Financial Year 1994-95

Transferred to General Revenue Account of the Central Government

Yes

The Registrar of Companies, Central Government Office Building, A-Wing, 2nd Floor, CBD Belapur, Navi Mumbai – 400 614, Maharashtra.

Application to be made in Form II prescribed by the Companies Unpaid Dividend (Transfer to the General Revenue Account of the Central Government) Rules, 1978.

For the Financial Years 1995-96 to 2002-2003

Transferred to the IEPF of the Central Government

No

Not applicable

For the Financial Years 2003-04 and thereafter

Lying in respective Unpaid Dividend Accounts

Yes

TSR Darashaw Ltd.,
Registrar and Share Transfer Agent.

The due dates for transfer to IEPF of the dividend remaining unclaimed / unpaid since 2003-04 are provided hereunder :

Date of dividend declaration Last date for claiming payment from TSRDL
29.06.2004 28.06.2011
04.08.2005 03.08.2012
01.08.2006 31.07.2013
08.08.2007 07.08.2014
10.09.2008 09.09.2015
06.08.2009 05.08.2016
08.09.2010 07.09.2017
24.08.2011 23.08.2018
17.08.2012 16.08.2019

Members are requested to get in touch with TSRDL for encashing the unclaimed dividend, if any, standing to the credit of their account.

After transfer of the said amounts to the IEPF, no claims in this respect shall lie against the IEPF or the Company nor shall any payment be made in respect of such claims.

Shares held in electronic form

Shareholders holding shares in electronic form may please note that :

  1. Instructions regarding bank details which they wish to have incorporated in future dividend warrants must be submitted to their Depository Participants (DP). As per the regulations of NSDL and CDSL, the Company is obliged to print bank details on the dividend warrants, as furnished by these Depositories to the Company.
  2. Instructions already given by them for shares held in physical form will not be automatically applicable to the dividend paid on shares held in electronic form.
  3. Instructions regarding change of address, nomination and power of attorney should be given directly to the DP.
  4. The Company provides NECS facilities for shares held in electronic form and Members are urged to avail of this facility.

Bank Details

Members holding shares in physical form are requested to notify/send the following to TSRDL to facilitate better servicing :-

  • any change in their address/mandate/bank details, and
  • particulars of the bank in which they wish their dividend to be credited, in case they have not been furnished earlier.

Members are advised that respective bank details and address as furnished by them or by NSDL/CDSL to the Company, for shares held in physical form and in electronic form respectively, will be printed on their dividend warrants as a measure of protection against fraudulent encashment.

National Electronic Clearing Service (NECS) Facility

Under NECS facility, shareholders get an option to receive dividend directly to their bank account rather than receiving the same through Dividend Warrants. Shareholders holding shares in physical form, who wish to avail NECS facility, are requested to send their NECS mandate in the prescribed form to TSRDL, in the event they have not done so earlier. Members holding shares in dematerialised form are requested to give the NECS mandate to their respective DPs directly.

Please note that members who do not provide details of bank accounts with banks having Core Banking Facility, as required by RBI, will receive their dividend by physical warrants.

The NECS Mandate Form can be obtained from TSRDL. Alternately, please click here to view NECS form

Demat Initiative

The Company, along with Geojit BNP Paribas Financial Services Limited, has introduced an initiative for members holding shares in physical form to dematerialise their holdings. The scheme for free Demat Account opening as well as the waiver of the Annual Maintenance charges and the DRF charges for members of the Company holding shares in physical form, has been extended till the March 2012.

In view of the advantages of holding shares in electronic form, members holding their Equity Shares in physical form are urged to avail of this opportunity and demat their holdings.

Green Initiative

Based on the 'Green Initiative' taken by the Government of India, the Company has sent out a communication to its shareholders that henceforth, all communication, including Annual Reports, will be emailed to them at their email ids registered with their Depository Participants/the Share Registry - TSRDL, unless they opt for physical copies.

A separate letter was sent to those shareholders who had not registered their email ids, urging them to do so and avail of the facility of getting electronic communication.

This initiative will go a long way in saving trees and also result in substantial cost savings.

Depository Services

Shareholders may write to the respective Depository or to TSRDL for guidance on depository services. Address for correspondence with the Depositories is as follows:

National Securities Depository Limited

Trade World, 4th Floor
Kamala Mills Compound
Senapati Bapat Marg, Lower Parel
Mumbai 400 013.
Tel. No. : 022-2499 4200
Fax Nos. : 022-2497 6351
E-mail : info@nsdl.co.in
website : www.nsdl.co.in
Central Depository Services (India) Limited

Phiroze Jeejeebhoy Towers
17th Floor, Dalal Street
Mumbai 400 023
Tel. No. : 022-2272 3333
Fax Nos. : 022-2272 3199
E-mail : investor@cdslindia.com
website : www.cdslindia.com
   

Nomination Facility

Pursuant to the provisions of Section 109A of the Companies Act, 1956, Members are entitled to make nominations in respect of shares held by them. Members holding shares in physical form and intending to make/change the nomination in respect of their shares in the Company, may submit their requests in Form No.2B to TSRDL. Members holding shares in electronic form are requested to give the nomination request to their respective DPs directly.

Form No.2B can be obtained from TSRDL. Alternately, please click here to view form.

TOLL FREE Investor Helpline

The Company maintains a TOLL FREE Investor Helpline to give shareholders the convenience of one more contact point with TSRDL, Registrar and Transfer Agent of the Company, for redressal of grievances/ responses to queries. This was intimated to all shareholders. The Toll Free number is 1800-209-8484.

Shareholders' Relations Team

The Shareholders’ Relations Team is located at the Registered Office of the Company.

Contact Person : Mr H M Mistry Tel.: 6665 7515  Fax: 6665 8867

In compliance with Clause 47(f) of the Listing Agreement, a separate e-mail ID investorcomplaints@tatapower.com has been set up as a dedicated ID solely for the purpose of dealing with shareholders’ complaints.

 
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