Notice

Dear Shareholders,

We would like to inform that, Ministry of Corporate Affairs (MCA) has notified that with effect from 2nd October, 2018, issue of further shares and transfer of all shares by unlisted companies shall be in Dematerialised   form only. The MCA has taken this step as a measure for further   enhancing transparency, investor protection and governance in the corporate sector.  The following are the major benefits of dematerialisation of securities.

1.Elimination of risks associated with physical certificates such as loss, theft, mutilation, fraud, etc.,

  1. Improving corporate governance system in issuing shares.

3.Exemption from payment of stamp duty on transfer.

4.Ease in transfer, pledge etc. of securities.

5.Issuance of Bonus shares shall be in the dematerialisation form only

In view of the above, we kindly request our shareholders to contact the following officials of our Company to dematerialise the existing share certificates in the physical format.

 

1.Mr. B.A. Habib Rahman, Assistant General Manager (94426 15364)

2.Mr. N. Murugan, Manager (93814 03426)