IEPF

 
Year Document   Report

2016-17 18_Transfer list_Strides Dividend Acct_FY 2016-17 PDF 162 KB
2015-16 17_Transfer list_Strides Dividend Acct_FY 2015-16 PDF 163 KB
2015-16 16_Tranfer list_Fractional shares acct_FY 2015-16 PDF 303 KB
2015-16 15_Transfer list_Shasun Dividend Acct_FY 2015-16 PDF 114 KB
2014-15 14_Transfer list_SPSL Final Dividend_FY 2014-15 PDF 219 KB
2014-15 13_Transfer list_Dividend Acct_FY 2014-15 PDF 112 KB
2013-14 12_Transfer list_Dividend Acct_FY 2013-14 PDF 145 KB
2013-14 11_Transfer list_Shasun Dividend Acct_FY 2013-14 PDF 117 KB
2013-14 10_Transfer list_Dividend Acct_FY 2013-14 PDF 115 KB
2012-13 9_Transfer list_Shasun Dividend Acct_FY 2012-13 PDF 109 KB
2012 8_Transfer list_Dividend Acct_FY Dec 2012 PDF 129 KB
2011-12 7_Transfer list_Shasun Dividend Acct_FY 2011-12_Final PDF 114 KB
2011 6_Transfer list_Dividend Acct_FY 2011 PDF 116 KB
2011-12 5_Transfer list_Shasun Dividend Acct_FY 2011-12_Interim PDF 119 KB
2010-11 4_Transfer list_Shasun Dividend Acct_FY 2010-11 PDF 124 KB
2009-10 3_Transfer list_Shasun Dividend Acct_FY 2009-10 PDF 102 KB
2010 2_Transfer list_Dividend Acct_FY 2010 PDF 145 KB
2009 1_Transfer list_Dividend Acct_FY 2009 PDF 413 KB
Consolidated Unclaimed/ Unpaid Dividend Data

The Consolidated unclaimed/ unpaid dividend details as required by the Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, are provided herein below for all the unclaimed/unpaid dividend accounts outstanding for the respective financial years.


FY 2023-24

FY 2022-23

FY 2021-22

FY 2020-21

FY 2019-20

FY 2018 - 19

FY 2017 - 2018

FY 2016 - 2017

FY 2015 - 2016

FY 2014 - 2015
FY 2013 - 2014
Unclaimed Shares Suspense Account

Pursuant to Regulation 39(4) of Listing Regulations read with Schedule VI of the said Regulations, Company has dematerialized the shares which had returned undelivered by postal authorities and lying unclaimed with the Company.

The dematerialized shares are held in the Company’s ‘Unclaimed Suspense Account’ (Suspense Account) opened with Kotak Securities Limited. Voting rights of these shares remain frozen till the rightful owner claims these shares.

Further, corporate benefits accruing on these shares, viz., bonus shares, split etc., shall also be credited to the Suspense Account. Upon completion of a period of seven years, the shares along with corporate benefits shall be transferred by the Company to Investor Education and Protection Fund (IEPF), in accordance with the above regulations.

Details of shares held in the Suspense Account for the period under review is as under:

Particulars Number of shareholders Number of equity shares
Aggregate number of Shareholders and the outstanding shares in the suspense account lying at the beginning of the year 1,040 65,394
Shareholders who approached the Company for transfer of shares from suspense account during the year 5 473
Shareholders to whom shares were transferred from the suspense account during the year 4 361
Aggregate number of Shareholders and shares which were transferred to IEPF as per the MCA Circular - -
Aggregate number of Shareholders and the outstanding shares in the suspense account lying as on March 31, 2024 1,036 65,033

The voting rights on the shares outstanding in the suspense account as on March 31, 2024

Unpaid/ Unclaimed Dividends

Provisions of Sections 124 and 125 of the Act read with the Investor Education and Protection Fund (Accounting, Audit, Transfer and Refund) Rules, 2016 (IEPF Rules), as amended from time to time, mandates Companies to transfer dividend that has remained unpaid/ unclaimed for a period of seven years to Investor Education and Protection Fund (IEPF). Further, IEPF Rules mandate that shares on which dividend has not been claimed/ encashed for seven consecutive years or more be transferred to IEPF.

In accordance with the said IEPF Rules and its amendments, Company has sent reminders to respective Shareholders informing them to claim their unclaimed dividends and shares before it is transferred to IEPF. Transfer of Dividend/Shares of Shareholders who responded to Company’s correspondence was facilitated.

Company has appointed Ms. Manjula Ramamurthy, Company Secretary as the Nodal Officer of the Company under the provisions of IEPF, the details of which are available on the website of the Company https://www.strides.com/investor-iepf.html.


Transfer of Dividend and Shares to IEPF during FY 2023-24

Details of transfer of Dividend & Shares to IEPF during FY 2023-24 is as under:

FY Type of Dividend Amount transferred to IEPF(in INR) No. of shares transferred to IEPF No. of shares transferred to IEPF
2015-2016 Final July 29, 2016 14,02,980.00 33,363

Shareholders may note that no claim shall lie in respect of the above with the Company.

They may claim the unclaimed dividend and corresponding shares transferred to IEPF by following the procedure prescribed in the IEPF Rules at https://www.iepf.gov.in/IEPF/corporates.html.

Shareholders may contact the RTA at einward.ris@kfintech.com or the Company at investors@strides.com to understand and initiate the process.


Upcoming transfers to IEPF

Details of upcoming transfers to IEPF is provided hereunder:

Financial Year Ended Type of Dividend Dividend Rate Date of declaration Due date for transfer to IEPF
March 31, 2017 Final 45% Sept 15, 2017 Oct 21, 2024
March 31, 2018 Final 20% Sept 24, 2018 Oct 30, 2025
March 31, 2019 Final 30% July 30, 2019 Sept 4, 2026
March 31, 2020 Interim 120% July 29, 2019 Sept 3, 2026
March 31, 2020 Final 20% Aug 20, 2020 Sep 25, 2027
March 31, 2021 Final 25% Sept 3, 2021 Oct 9, 2028
March 31, 2023 Final 15% Aug 28, 2023 Oct 3, 2030

Dematerialization of Shares & Liquidity

The Company's shares are traded in dematerialised form. The Company has established connectivity with both the Depositories viz., National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) through the Registrar, Karvy Fintech Private Limited.

As at March 31, 2019, 99.83% of the paid-up share capital of the Company representing 89,396,070 shares has been dematerialised and balance 0.17% representing 153,406 shares of the Company is in physical form.

Updation of PAN and Bank Details of Shareholders

Pursuant to SEBI circular bearing reference SEBI/HO/MIRSD/DOP1/CIR/P/2018/73 dated April 20, 2018, the Company through its Registrar and Transfer Agents has initiated collection of copies of PAN and bank account details of the shareholders holding shares in physical form.   

In this connection, Company has sent reminders to shareholders holding shares in physical form, requesting them to register/ update their PAN and bank account details. For ease of shareholders and effective updation, Company has provided postage paid/ pre-paid Business Reply Envelopes (BRE).

SEBI restriction on transfer of physical shares

SEBI vide its Notification no. SEBI/ LAD-NRO/GN/2018/24 has notified that with effect from December 5, 2018, except in case of transmission or transposition of securities, requests for effecting the transfer of securities shall not be processed unless the securities are held in the dematerialized form with a depository. Listing Regulations are appropriately amended to this effect.

In other words, there will not be any transfer of physical shares after 5 Dec 2018.

The said measure of SEBI is aimed at curbing fraud and manipulation risk in physical transfer of securities by unscrupulous entities. Transfer of securities only in demat form will improve ease, convenience and safety of transactions for investors.

Shareholders who continue to hold shares in physical form are advised to dematerialize their shares at the earliest. For any clarification, assistance or information relating to dematerialization of shares – members may contact the Company’s RTA.

Nodal Officer for IEPF

Ms. Manjula Ramamurthy
Company Secretary
Strides Pharma Science Limited
Bangalore – 560 076
Ph: +91 80 6784 0734
Mob: +91 9880667807
Email:
Manjula.r@strides.com
investors@strides.com