Important Communication to Shareholders

Dividend TDS Communication

Dividend payment only through electronic mode:

Fifth Amendment to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations): The provisions of Regulation 12 & Schedule-I has been amended by omitting the provisions relating to issuance of ‘payable-at-par Warrants’/ Cheques w.e.f. 18th November 2025.

Due to stated regulatory change:

1. All future dividend payments will be made only through electronic mode of payment facility approved by the Reserve Bank of India.

2. The Company will no longer be able to issue ‘payable-at-par Warrants’/ Cheques.

3. Shareholders who have not registered/updated their bank account details would not be able to receive dividends until such details are provided/updated.

Special Window for Re-lodgement of Transfer Requests of Physical Shares

SEBI/HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30th January, 2026

In order to facilitate the investors to get rightful access to their securities, SEBI has decided to open another special window for transfer and dematerialisation (“demat”) of physical securities which were sold/purchased prior to April 01, 2019.

This special window shall be open for a period of one year from February 05, 2026 to February 04, 2027.

SEBI circular no. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated 25th January 2022 

In terms of SEBI regulations (including LODR Regulation 40 and SEBI circulars), requests for transfer of securities and other investor service requests shall not be processed unless the securities are held in dematerialized form with a depository. Shareholders holding securities in physical form are therefore advised to dematerialise their holdings to enable processing of such requests.

Investor shall submit duly filed up Form ISR-4 attached herewith along with the documents/ details specified therein for processing of the Investors service requests.

SEBI vide circular no. HO/38/13/(3)2026-MIRSD-POD/I/3763/2026 dated 30th January 2026, done away with the requirement of issuance of Letter of Confirmation (“LOC”) and to effect direct credit of securities in dematerialisation account of the investor.

In order to simplify the process for credit of securities pursuant to investor service requests by reducing the timelines, risk of loss and pilferage, SEBI has decided to do away with the requirement of issuance of LOC.

SEBI Circular dated 25. 01.2022 transfer

SEBI Circular dated 30. 01.2026_LOC

Details of Loss of Certificate / Duplicate Certificate

SEBI, vide Master Circular No. HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated 6th February 2026 on the review of simplification of procedures and standardization of formats of documents for issuance of duplicate security certificates, introduced measures to facilitate ease of doing investment for investors. The threshold for simplified documentation was enhanced from the existing Rs. 5 lakh to Rs. 10 lakh.

Accordingly, the documentation requirements for issuance of duplicate security certificates are as follows:

• Securities having value up to Rs. 10,000: The security holder is required to submit only a standardised undertaking on plain paper in the prescribed format. The requirement of submitting a notarised Affidavit-cum-Indemnity Bond has been dispensed with.

• Securities having value exceeding Rs. 10,000 and up to Rs. 10 lakh: The security holder shall submit a standardised Affidavit-cum-Indemnity Bond in the prescribed format on a non-judicial stamp paper of appropriate value.

• Securities having value exceeding Rs. 10 lakh: In addition to the Affidavit-cum-Indemnity Bond, the claimant shall submit a copy of the FIR (including e-FIR), Police Complaint, Court Injunction Order, or copy of the plaint (where the suit has been admitted by the Court and a Suit Number has been allotted), containing details of the securities, including the folio number, distinctive number range, and certificate numbers.

SEBI, vide Circular No. HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated 6 February 2026 on Simplified norms for processing investors' service requests by Registrars to an Issue and Share Transfer Agents (RTAs) and norms for furnishing PAN, KYC details and nomination, has prescribed the following requirements:

1. Investors holding securities in dematerialised form

Such investors are required to submit their choice of nomination with their respective Depository Participants (DPs).

2. Investors holding securities in physical form

Such investors are required to update the following details in respect of all their folios with the Company's Registrar and Share Transfer Agent (RTA), in the prescribed formats:
•    PAN and KYC details;
•    Choice of nomination;
•    Contact details (postal address with PIN code and mobile number);
•    Bank account details; and
•    Specimen signature.

Physical security holders who have not updated the above details shall be eligible:

i. to lodge grievances or avail any investor service request from the RTA only after furnishing PAN and KYC details; and

ii. to receive any payment, including dividend, interest or redemption amount, only through electronic mode with effect from 1 April 2024.

Further, SEBI, vide Circular dated 10 June 2024, clarified that security holders holding securities in physical form shall continue to be eligible to receive any payment, including dividend, interest or redemption amount, and to lodge grievances or avail any investor service request from the RTA, even if the choice of nomination has not been submitted, provided they have complied with the other applicable PAN and KYC requirements.

Saksham Niveshak 100 Days Campaign

100 Days Campaign – “Saksham Niveshak” (July 28, 2025 to November 6, 2025) Update Your KYC Details and Claim Your Unpaid/Unclaimed Dividends

The Investor Education and Protection Fund Authority (IEPFA) & Ministry of Corporate Affairs (MCA), vide its intimation dated 27th March 2026, has called upon companies to participate in the 2nd 100 Days Campaign (commencing from 1st April 2026-9th July 2026) – “Saksham Niveshak”, with the objective of reaching out to shareholders whose dividends remain unpaid or unclaimed in order to prevent the same from being transferred to IEPF.