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.


Year Type of Dividend Rate of Dividend (per Equity Share) Date of Declaration of Divivdend Due date of Transfer to IEPF Amount in Rs. as on 31st March, 2016
2015-2016 Interim Rs. 1.70 per share 9 th Mar., 2016 15 th Apr., 2023 1345981.80/-
2014-2015 Final Rs. 1.70 per share 25 th Sept., 2015 30 th Oct., 2022 399690.40/-
2013-2014 Final Rs. 1.50 per share 27 th Sept., 2014 2 nd Nov., 2021 423195.50/-
2012-2013 Final Rs. 1.50 per share 27 th Sept., 2013 2 nd Nov., 2020 234841.50/-
2011-2012 Final Rs. 1.70 per share 28 th Sept., 2012 3 rd Nov., 2019 203930.90/-
2010-2011 Final Rs. 1.40 per share 30 th Sept., 2011 5 th Nov., 2018 161163.20/-
2009-2010 Final Rs. 1.10 per share 29 th Sept., 2010 4 th Nov., 2017 126436.20/-
Fractional Entitlement NA NA 17 th Feb., 2010 23 rd Mar.,2017 114197.00/-
2008-09 Final Rs. 1.10 per share 30 th Sept., 2009 5 th Nov., 2016 122917.30/-
*Note: Unclaimed Dividends before the FY 2009-2010 has been transferred to Investor Education Protection Fund.

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