PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

63 Annual Report 2020-21 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS 13. PAN & Change of Address Members holding equity share in physical form are requested to notify the change of address/ dividend mandate, if any, to the Company’s Registrar & Share Transfer Agent, at the address mentioned above. The Securities and Exchange Board of India (SEBI) has mandated the submission of Permanent Account Number (PAN) by every participant in securities market. Members holding Shares in dematerialized form are requested to submit their PAN, notify the change of address including e-mail address/ dividend mandate, if any, to their respective Depository Participant (DP). Members holding shares in physical form can submit their PAN, notify the change of address including e-mail address/ dividend mandate, if any, to the Company/ Registrar & Share Transfer Agent. 14. Share Transfer Process Effective April 01, 2019, requests for effecting the transfer of listed securities are required to be processed only in dematerialised form. Therefore, the Company had stopped accepting any fresh transfer requests for securities held in physical form with effect from the said date. Dematerialisation of holdings will prevent any fraud in physical transfer of securities and improve ease, convenience and safety of transactions for investors. In view of the aforesaid, Members who are holding shares in physical form are hereby requested to dematerialise their holdings. 15. Dematerialisation of Equity Shares & Liquidity To facilitate trading in demat form the Company hasmade arrangements with both the depositories viz. National SecuritiesDepository Limited (NSDL) andCentral Depository Services (India) Limited (CDSL).Shareholdersmayopenaccountwithanyof theDepositoryParticipant registeredwithanyof these twodepositories.AsonMarch31, 2021, 99.59%of theequitysharesof theCompany isheldby 10,901 Equity Shareholders in dematerialized form and the balance 0.41% is held by 840 Equity Shareholders in physical form. Entire Equity shareholding of the promoters in Company is held in dematerialized form. 16. Secretarial Audit Pursuant to Regulation 40(9) of the Listing Regulations, certificates have been issued, on a half- yearly basis, by a Company Secretary in practice, certifying due compliance of share transfer formalities by the Company. A Company Secretary in practice carries out a quarterly Reconciliation of Share Capital Audit, to reconcile the total admitted capital with National Securities Depository Limited (‘NSDL’) and Central Depository Services (India) Limited (‘CDSL’) and the total issued and listed capital. The audit confirms that the total issued/paid-up capital is in agreement with the aggregate of the total number of shares in physical form and the total number of shares in dematerialised form (held with NSDL and CDSL). Mr. Himanshu Kamdar of M/s. Rathi & Associates, Practicing Company Secretaries, has conducted a Secretarial Audit of the Company for FY 2020-21. Their Audit Report confirms that the Company has complied with the applicable provisions of the Act and the Rules made thereunder, its Memorandum and Articles of Association, Listing Regulations and the applicable SEBI Regulations. The Secretarial Audit Report forms part of the Board’s Report. 17. Dividend History & Unclaimed Dividend Section 124 and Section 125 of the Act, with Investor Education and Protection Fund Authority (Accounting, Audit, transfer and Refund) Rule, 2016 (‘the Rules’) mandates that companies transfer dividend that has remained unclaimed for a period of seven years from the unpaid dividend account to Investor Education and Protection Fund (IEPF). Further, the Rules mandate the transfer of shares with respect to the dividend, which has not been paid or claimed for seven consecutive years or more to IEPF. Accordingly, the dividend for the years mentioned as follows will be transferred to the IEPF on the respective dates if the dividend remains unclaimed for seven years, and the corresponding shares will also be transferred to IEPF. The Shareholders are requested to claim the unclaimed dividend amount immediately in order to avoid the transfer of shares to IEPF. Year Type of Dividend Dividend Per Share (in ` ) Date of Declaration of Dividend Due Date for transfer to IEPF 2013-14 Final 1.50 August 07, 2014 2021 2014-15 Final 2.50 July 27, 2015 2022 2015-16 Final 2.50 September 09, 2016 2023 2016-17 Final 1.00 August 11, 2017 2024 2017-18 Final 1.50 August 10, 2018 2025 2018-19 Final 2.50 August 08, 2019 2026 2019-20 Final 1.50 November 02, 2020 2027