|
Depository
services
The equity shares of the company are under compulsory
demat trading by all investors. Shares are available
for demat with both the depositories in India –
National Securities Depository Ltd (NSDL) and Central
Depository Services (India) Ltd (CDSL).
Considering
the advantages of scripless trading, shareholders holding
shares in physical form should consider dematerialisation
of their holding. Shareholder(s) who want to hold shares
in demat form should open a demat account with a depository
participant (DP) registered with either NSDL or CDSL,
and then surrender their share certificate(s) for dematerialisation
to the company through the DP.
Steps
involved in the dematerialisation of shares:
|
|
Shareholder fills out a a dematerialisation request
form (DRF) and surrenders the defaced share certificate(s)
to the DP |
|
|
The DP intimates the company of this request through
the system |
|
|
The DP submits the share certificate(s) and the
DRF to the company |
|
|
The company updates the register of members and
then validates the request |
|
|
The depository credits the DP's account |
|
|
The DP updates the investor's demat account and
informs investor |
Should
members require any further clarification about this
facility, they can write to the Share Department of
the company at Worli, Mumbai.
At
present, no stamp duty has to be paid on transfer of shares
in demat form.
| Name
and address of depository |
National Securities Depository Ltd
Trade World, 4th Floor, Kamala Mills Compound
Senapati Bapat Marg, Lower Parel
Mumbai - 400 013
Tel: (022) 24972964 to 70
Fax: (022) 24972993 / 24976351
E-mail: info@nsdl.co.in
Website: www.nsdl.co.in
|
Central
Depository Services (India) Ltd
Phiroze Jeejeebhoy Towers, 28th Floor, Dalal
Street
Mumbai - 400 023
Tel: (022) 22723333 / 22723224
Fax: (022) 22723199
E-mail: investors@cdslindia.com
Website: www.cdslindia.com |
|
Demat
| Dematerialisation
of shares and liquidity |
Around 82 per cent of outstanding
shares have been dematerialized. Trading
in Hindalco Shares is permitted only in
the dematerialized form from 5 April 1999
as per notification issued by The Securities
and Exchange Board of India.
|
| Details
on use of public funds obtained in three years |
The
Company has utilized the proceeds of Right
Issue aggregating to Rs. 22,195 million for
the purpose of defraying issue related expenses
of Rs. 366 million and Rs. 3935 million towards
subscription of shares of subsidiary company
and balance amount is temporarily invested
in short term liquid securities. |
| Outstanding
GDR / warrants / convertible bonds |
134,723,182
GDR’s consisting of 134,623,091 fully
paid up, 94,758 partly paid (50 per cent)
and 5,333 partly paid (25 per cent) are outstanding.
|
| Investor
correspondence |
The Company
Secretary
Hindalco Industries Limited
Century Bhavan, 3rd floor
Dr Annie Besant Road
Worli, Mumbai 400 030
Tel: (+91-22) 6662 6666
Fax: (+91-22) 2422 7586 / 2436 2516
Email: a.malik@adityabirla.com
|
|
Share
transfer information
| Registrar
and transfer agents |
The Company has
an inhouse investors service department,
which is as follows:
Registered with SEBI as a category II share
transfer agent vide registration no INR
000003910
Investors Service Department
Hindalco Industries Limited
Ahura Centre, 1st floor, B Wing
Mahakali Caves Road, Andheri (East)
Mumbai 400 093
Tel: (+91-22) 6691 7000 / 11 / 19
Fax: (+91-22) 6691 7001
E-mail: a.malik@adityabirla.com
|
|
Share transfer
system
|
Share
transfer in physical form are registered and
returned within a period of 15 days of receipt,
if the documents are clear in all respects.
Officers of the Company have been authorised
to approve transfers up to 10,000 Shares in
physical form under one transfer deed and
one Director of the Company has been authorised
to approve the transfers exceeding 10,000
shares under one transfer deed.
The total number of shares transferred
in the physical form during the year was
12, 41,963.
|
|
Share
transfer data
|
Transfer
period
(in days)
|
2007-2008
|
2006-2007
|
|
No.
of transfers
|
No.
of shares
|
Per
cent
|
No.
of transfers
|
No.
of shares
|
Per
cent
|
|
1-10
|
1,526
|
682,073
|
65.14
|
2,156
|
3,590,765
|
64.65
|
|
11-15
|
535
|
159,422
|
22.83
|
620
|
413,585
|
18.60
|
|
16-20
|
136
|
334,592
|
5.80
|
140
|
35,989
|
4.20
|
|
21-30
|
146
|
65,876
|
6.23
|
419
|
203,768
|
12.55
|
Total
|
2,343
|
1,241,963
|
100.0
|
3,335
|
4,244,107
|
100.0
|
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View webcast of Hindalco
Novelis Investor meet
2008  |
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