Corporate governance is an ethically driven business process that is committed to values aimed at enhancing an organization’s wealth generating capacity. This is ensured by taking ethical business decisions and conducting business with a firm commitment to values, while meeting stakeholders’ expectations. At Infosys BPM, it is imperative that our company affairs are managed in a fair and transparent manner. This is vital to gain and retain the trust of our stakeholders.
Unclaimed Dividend and Shares
Pursuant to the Section 124 of the Companies Act, 2013, read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (‘the Rules’), all unpaid or unclaimed dividends are required to be transferred by the Company to the IEPF established by the Central Government, after the completion of seven years. Further, according to the Rules, the shares in respect of which dividend has not been paid or claimed by the shareholders for seven consecutive years or more shall also be transferred to the demat account created by the IEPF Authority in accordance with the Rules.
Transfer of equity shares to the Investor Education and Protection Fund
All shares of the Company in respect of which dividends have remained unclaimed or un-encashed for seven consecutive years or more, are required to be transferred by the Company to the Investor Education and Protection Fund (‘IEPF’) established by the Government of India.
Details of Equity Shares liable to be transferred to the IEPF
The Company will be transferring the shares pertaining to Interim dividend on which dividend is unclaimed/Un-encashed for seven consecutive years to IEPF.
Shareholders are requested to claim the Interim dividend of the financial year 2016-17 by submitting the required details to company’s RTA KFin Technologies Private Limited (email - email@example.com) The dividend payment will be processed if the request is found appropriate in all respects.
Shareholders may input the following to check the number of shares liable to be transferred to IEPF authority:
1. Shares held in Physical mode - Folio No. (Eg: PRL000000)
2. Shares held in Dematerialised Mode:
NSDL - 6 digit/character DP ID and 8-digit client ID (Eg: IN3000001000000)
CDSL - 16-digit client ID (Eg: 1200000000002000)
The details of Nodal officer of the Company for coordination with the IEPF authorities:
Bindu Raghavan, Company Secretary