Unclaimed Dividend

The dividend declared at an annual general meeting is required to be paid within 30 days from the date of declaration of the said dividend. The companies are required to deposit the balance amount lying in the dividend account to an unclaimed dividend account within 37 days from the date of declaration. Any amount lying in the said account is termed as unclaimed dividend amount.

The details of unclaimed dividend as on September 30, 2021 are as follows:

Financial Year	Unclaimed Dividend as on September 30, 2021 (Rs.)	Unclaimed Dividend as % to total dividend payable	Date of Declaration of Dividend	Last Date For claiming Dividend
2014-15	11,09,316	4.66	12-08-2015	10-09-2022
2015-16	11,45,838	4.81	27-07-2016	02-09-2023
2016-17	12,32,502	5.18	04-08-2017	08-09-2024
2017-18	9,45,114	3.97	25-09-2018	30-11-2025
2018-19	9,70,702	4.08	23-08-2019	27-09-2026
2019-20	9,40,872	3.95	29-08-2020	03-10-2027
2020-21	12,61,257	5.74	05-08-2021	09-09-2028

Dividends that are not encashed or claimed, within seven years from the date of their transfer to the unclaimed dividend account, will in terms of the provisions of section 124(5) of the Companies Act, 2013, be transferred to the Investor Education and Protection Fund (IEPF), established by the Government of India.

Update PAN, KYC, and Nomination

SEBI in its circular no. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated 3rd November, 2021, made it mandatory to furnish PAN, KYC, NOMINATION and BANK ACCOUNT details by all the shareholders holding shares in physical mode with the Company. The folios wherein any of the above details are not available on or after April 01, 2023, shall be frozen. Forms to update such details are available under Download section.

Shareholders holding shares in physical mode are requested to ensure that their PAN is linked to Aadhar by 31st March 2022 or any other date as specified by CBDT to avoid freezing of shares.

Dematerialization of Shares

The Securities and Exchange Board of India vide amendment to Regulation 40 of SEBI (Listing Obligations and Disclosure requirements) Regulation, 2015 dated 8^th June, 2018, mandated transfer of securities in dematerialize form only w.e.f. December 5, 2018. i.e. no transfer of securities shall be allowed in physical form after 5^th December, 2018.

Hence, the shareholders are requested to demate their shares with their Depository Participant before 5^th December, 2018 or otherwise they may lose their right to transfer shares after said date.

Merger Updates

Amalgamation of Surcot Trading Pvt. Ltd. and Umiya Real Estate Pvt. Ltd. with Stanrose Mafatalal Investments and Finance Limited:

As reported last year, the Company, has received a No-Objection Certificate from BSE Limited/SEBI on 14^th November, 2018. In response to the application filed by the Company with the NCLT-Ahmedabad Bench for convening the meeting of the Equity Shareholders and waiving of meeting of creditors as there were none, NCLT-Ahmedabad Bench vide its order dated 16^th January, 2019 had approved convening of the meeting of the equity Shareholders on 22^nd February, 2019 and waiving the meeting of the Creditors.

During the year, the Company had obtained approval from the Shareholders in the NCLT Convened Meeting, Registrar of Companies, Regional Director and Official Liquidator. The Company had filed Petition with the NCLT-Ahmedabad Bench and after various hearings the NCLT – Ahmedabad Bench had approved the Scheme of Amalgamation on 17th July, 2019 subject to the approval of NCLT-Chennai Bench where the Transferor Company, Umiya Real Estate Private Limited had filed the petition.The Order from NCLT – Chennai Bench is awaited.

Dividend Declared

The Board of Directors at their Meeting held on 29th June, 2020 recommended Dividend of Rs.6/- per share (60%) for the financial year 2019-20 for the approval of the shareholders at the Annual General Meeting dated 29th August, 2020. The shareholders approved the dividend and it will be paid from 9th September, 2020.

Update PAN, KYC, and Nomination

Dematerialization of Shares

Merger Updates

Dividend Declared

Make Nomination

R & T Agent