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Bank Details for Electronic Shareholdings
While opening Accounts with Depository Participants (DPs), you may have given your Bank Account details, which will be used by the Company for printing on dividend warrants or remittance of dividend. This ensures that the dividend warrants, even if lost or stolen, cannot be used for any purpose other than for depositing the money in the Account specified on the dividend warrants and ensures safety for investors.
However, if you wish to receive dividend in an Account other than the one specified while opening the Depository Account, you may change / correct Bank Account details with your DP. Shareholders are requested to furnish complete details of their Bank Accounts including MICR codes of their Bank to their DPs.
The Company under the guidance and co-operation of National Securities Depository Limited (NSDL), arranged direct deposit of dividend amounts to the Bank Accounts of shareholders holding shares in electronic form from the years 1998-1999 onwards.
The dividend amounts were remitted to the Bank Accounts, as per the particulars given by the shareholders to their Depository Participants (DPs). Immediately on remittance of dividend amounts under this scheme, the Karvy Computershare Ltd the Registrar and Share Transfer Agents of the Company advised the shareholders concerned furnishing particulars of remittance of dividend amounts to their Bank Accounts.
Karvy Compuershare Private Limited
Madhura Estate, Municipal No. 1-9/13/C
Plot No. 13 and 13C, Madhapur Village
Hyderabad 500 081
Telephone Nos. 91 40 44338100/40308000
Fax No. 91 4023420859
Website : www.karvy.com