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Transfer of shares to IEPF - FY 2009-10 |
10th November, 2017 |
Dear Shareholders, |
Sub: Transfer of unpaid/unclaimed equity shares held by you in the Company to Investor Education and Protection Fund (IEPF) |
In terms of Section 124(6) of the Companies Act,2013 read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (Rules), as amended from time to time, equity shares of the Company in respect of which dividends for seven consecutive years or more remaining unpaid or unclaimed are liable to be transferred to the demat account of the IEPF.Further, in terms of the General Circular no. 12/2017 dated 16.10.2017 issued by the Ministry of Corporate Affairs, where the period of seven consecutive years provided under subsection (5) of Section 124 is completed during September 7, 2016 to October 31, 2017, the due date of transfer of such shares by companies is October 31, 2017. |
Accordingly all the shares which are required to be transfer to IEPF authority, whether held in dematerialised form or physical form, are being transferred to the demat accounts of IEPF Authority by way of corporate action. |
Shareholders may please note that both the unclaimed dividend and shares transferred to the IEPF can be claimed back from IEPF Authority after following the procedure prescribed in the Rules. No claim shall lie against the company in respect of unclaimed dividend amount and the shares transferred to the demat account of IEPF pursuant to the Rules. |
In case of any query or anything to communicate to the Company in respect of the above, you may contact the Company’s Registrar and Share Transfer Agents, M/s. MCS Share Transfer Agent Ltd. (Attn. Mr. P Basu) at 12/1/15, Manoharpukur Road, Kolkata-700 026, Phone No: (033) 40724051-54, email:mcssta@rediffmail.com or to Mr. R P Dutta, Company Secretary and Nodal Officer-IEPF of Orient Paper & Industries Limited at Birla Building,9/1, R N Mukherjee Road, Kolkata 700 001, Phone no. (033) 3057 3700/3041 0900 (extn. 2332). |
Click here for the details of shares being transferred to the IEPF. |
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NEWS
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Key Financial Highlights (Quarter ended 31-12-2023) |
- Total income Rs. 20,705 Lakhs as against Rs. 25,429 Lakhs last year.
- PBIDT Rs. 2,111 Lakhs as against Rs. 6,995 Lakhs last year.
- Profit before tax Rs. 109 Lakhs as against Rs. 6,084 Lakhs last year.
- Profit after tax Rs. (-) 322 Lakhs as against Rs. 3,951 Lakhs last year.
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