Unpaid/unclaimed Dividend

Unpaid/unclaimed Dividend

Pursuant to section 205C of the Companies Act, 1956, the Central Government has established a Fund called Investor Education and Protection Fund (IEPF) which is credited inter- alia with the amount of Dividend remaining unclaimed and unpaid for a period of 7 years from the date they are transferred to unpaid Account.

On 10th May, 2012, the Ministry of Corporate Affairs has notified Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, whereby companies are required to identify and upload information regarding unclaimed amounts due to be transferred to IEPF on the Ministry's website and also on its own website. It has been the endeavour of the Company to be present across all segments of the realty sector and its modern commercial offerings are inline with this stratergy.

Accordingly, such unpaid / unclaimed amounts along with their respective due dates for transfer to IEPF are provided for the benefit of shareholders. The shareholders may claim their unclaimed / unpaid amount due to them by making an application to the Company giving their particulars before the same are transferred to the IEPF. Once unclaimed dividend is transferred to IEPF, no claim shall lie in respect thereof either with the Company or IEPF.







Financial Year Type of Dividend Rate of Dividend Date of declaration of Dividend Due date of Transfer to IEPF Amount in Rs as on 31st March, 2021
2019-2020 Final Rs. 1.4 per share 30/Sep/2020 30/Oct/2027 594,616.40
2018-2019 Final Rs. 3.30 per share 30th Sept, 2019 5 th November, 2026 1,987,121.90
2017-2018 Final Rs. 3.30 per share 21st Sept, 2018 27th Oct, 2025 3,434,323.00
2016-2017 Final Rs. 3.00 per share 29th Sept, 2017 4 th Nov, 2024 1,427,817.00
2015-2016 Final Rs. 0.80 per share 26th Aug, 2016 2 nd Oct, 2023 141,490.40
2015-2016 Interim Rs. 1.70 per share 9 th Mar, 2016 15th Apr, 2023 285,538.80
2014-2015 Final Rs.1.70 per share 25th Sept, 2015 30th Oct, 2022 402,418.90
2013-2014 Final Rs.1.50 per share 27th Sept, 2014 2 nd Nov, 2021 435,987.50


Details of Nodal Officer Nodal Officer under Rule 7(2A) of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2017:-

Name of the Nodal Officer: Ms Harshini D Ajmera
Designation: Company Secretary
Postal Address: Citi Mall, 2nd Floor, New Link Road, Andheri (W), Mumbai- 400 053
Telephone No: +91-22-6698400