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     Grievance Cell :

    

Shareholder’s Grievance Committee

 

The Board functions of Shareholder’s Grievance Committee includes redressal of investor’s complaints like share transfers, non-receipt of Annual Reports, dividend payment, issue of duplicate share certificates, transfer and transmission of shares and other allied transactions. Its scope also includes delegating the powers to the executives of Company / Share Transfer Agents to process share transfer etc.

 

The composition of Shareholder’s Grievance Committee is as under:

 

Name of the Director

Designation

Status

Mr. Raj Kumar Sekhani

Chairman

Executive Chairman

Mr. Harsh Vardhan Bassi

Member

Executive Director

Mr. Mahendra Sekhani*

Member

Non Executive independent Director

Mr. Varad Khanna**

Member

Non Executive Independent Director

 

*Resigned w. e. f.  08-09-2008

**Appointed w. e. f. 07-07-2008

 

The Company has appointed Intime Spectrum Registry Limited, Mumbai, as its Registrar & Share Transfer Agents to expedite the process of share transfers. The share transfers lodged are being processed and Memorandum of Transfers is generated on a fortnightly basis.

 

During the period ended September, 30, 2008 an aggregate of 25,888 shares were transferred. The details of the complaints and other correspondences received and attended during the period ended September 30, 2008 are given hereunder:

 

Nature of Complaints

Received

Attended to

Pending

Non-receipt of Share Certificates

48

48

0

Non-receipt of Dividend Warrants

27

27

0

Non-receipt of Annual Report

14

14

0

Non-receipt of Demat Credit/Remat Certificates

31

31

0

Non-receipt of rejected DRF

08

08

0

Non-receipt of Exchange Certificates

20

20

0

Non-receipt of Bonus Certificates

34

34

0

Non-receipt of Rep/Spl/Con/Duplicate Certificates

04

04

0

Others

06

06

0

TOTAL

192

192

0

 

 

 
 
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