The Company's Equity Shares are freely transferable except as may be required statutorily.
All share related matters viz., transfer, transmission, transposition, nomination, dividend, change of name / address / signature, registration of mandate / Power of Attorney, replacement / split / consolidation of share certificate / demat / remat of shares, issue of duplicate certificates etc. are being handled by the Company's Share Transfer Agent (STA), Karvy Computershare Private Limited (Karvy). Karvy, is an ISO 9002 certified Registrar and Share Transfer Agent, the largest Registrar in India, having a vast number of Investor Service Centres across the country and discharges investor service functions effectively and expeditiously.
The Company has an established mechanism for investor service, with Karvy and the Company has engaged the services of a firm of Chartered Accountants as Internal Auditors to concurrently audit its share related transactions as also the communications with its investors, regulatory and other concerned authorities.
The Company has prescribed service standards for various investor related activities being handled by Karvy. Any deviation therefrom is examined by the Internal Auditors who also advise the corrective actions thereon and inform the Company on the matters on a monthly basis.
The Board of Directors of the Company has constituted a Stakeholders Relationship Committee (the Committee) which, inter alia, approves issue of duplicate share certificates and oversees and reviews all matters connected with share transfers and other related processes. The Committee also looks into redressal of shareholders' complaints related to transfer of shares, non-receipt of balance sheet, non-receipt of declared dividend etc. The Committee also oversees the performance of the STA and recommends measures for overall improvement in the quality of investor services.