FAqs

Whom should I contact for any information or assistance on Share related matters including Dematerialization / Rematerialization, Transfer, Transmission of Shares, Subdivision or Consolidation of Shares, Issue of Duplicate Share Certificates, Unclaimed / Non-Receipt of dividend and other related queries?

Registrar & Share Transfer Agent   Secretarial Matters
Ms. Shobha Anand Ms. Alka Kumari
Karvy Computershare Private Limited   Company Secretary
Plot No. 17 to 24, Vittal Rao Nagar,   BS Limited
Madhapur, Hyderabad – 500 086   504, Trendset Towers,
T: +91-40-2342 0818   Road No.2, Banjara Hills,
F: +91-40-2343 1551   Hyderabad - 500034
E-mail: einward.ris@karvy.com   T: +91-40-4455 8888
Website : www.karvy.com   F: +91-40-6666 7268
    Email: investors@bsgroup.in

 

Listing and Share Capital

With which Stock Exchanges and when the Company’s equity shares were listed?

The BSE Limited (533276) and The National Stock Exchange of India Limited (BSLIMITED).

With which Stock exchange and when the Company’s equity shares were listed?

The paid-up share capital of the Company is Rs. 41.90 Crore comprising 419,017,720 Equity Shares of Re.1/- each.

Please give the details of the Annual General Meetings held over the last 3 years.

The Ninth Annual General Meeting was held on 19th September, 2013 at Best Western Jubilee Ridge, Madhapur, Jubilee Hills, Hyderabad – 500052, at 02:30 PM.

The Eighth Annual General Meeting was held on 29th September, 2012 at Best Western Jubilee Ridge, Madhapur, Jubilee Hills, Hyderabad – 500052, at 11:00 AM.

The Seventh Annual General Meeting was held on 30th September, 2011 at Best Western Jubilee Ridge, Madhapur, Jubilee Hills, Hyderabad – 500052, at 11:00 AM.

Please give information of Corporate Actions done during the last three years by BS Limited.

The Members, at the 9th Annual General Meeting (AGM) of the Company held on September 19, 2013, inter alia, have approved the issue of Bonus Shares in the ratio of 1:1.

The Board of Directors of the Company has declared an interim dividend of Re.1 per share at its Meeting held on Feb 04, 2013.

The Members, at the 8th Annual General Meeting (AGM) of the Company held on September 29, 2012, inter alia, have approved the Declaration of Dividend, of Re. 1/- per Equity Share, for the Year ended March 31, 2012.

The Members, at the 7th Annual General Meeting (AGM) of the Company held on September 30, 2011, inter alia, have approved the Declaration of Dividend, of Re. 1/- per Equity Share, for the Year ended March 31, 2011.



Claim of Unpaid / Unclaimed Dividend

I have purchased BS Limited’s equity shares from the market. How do I get them registered? How long will it take?

One of the main objectives of the Company is to protect the interests of its Shareholders. For the benefit of Shareholders, we give below the procedure for claiming of Unpaid/ Unclaimed Dividends, if any.

A Shareholder who has not received Dividend Warrant or has not encashed the Dividend Warrant has to send a communication to the Company in writing.

Stale Dividend Warrants may be returned to the Company with a covering letter for revalidation.

If the Dividend Warrant is not received or lost, Shareholder has to execute a Letter of Undertaking (Format) and submit the same along with a letter (Format) to the Registrar and Share Transfer Agents of the Company. The Company, on receipt of Request letter and Letter of Undertaking and after due verification of its records for non-payment, will process the payment of Dividend to the Shareholder by Demand Draft.

Shareholders who wish to claim dividends, which remain unclaimed, are advised to send their request to the Registrar and Share Transfer Agent, M/s. Karvy Computershare Pvt. Ltd. (Unit: BS Limited) Plot No.17 to 24, Vittal Rao Nagar, Madhapur, Hyderabad–500081. Tel. No. 040-23420815 to 24; Fax No. 040-23420814. Shareholders are requested to note that the Dividends which are not encashed or claimed within Seven years from the date of Declaration of Dividend will be transferred to the Investor Education and Protection Fund (IEPF) of Government of India in due compliance with the provisions of Section 205A (5) read with Section 205C of the Companies Act, 1956.

Before claiming Unpaid Divided, the Shareholders are requested to update their address and signature, in case of change, with the Registrar and Share Transfer Agent, M/s. Karvy Computershare Pvt. Ltd.

Transfer of shares

I have purchased BS Limited’s equity shares from the market. How do I get them registered? How long will it take?

You are required to send the share certificates along with the Share Transfer Deed, (available with Stock Exchange/Share Brokers) duly filled in, executed and stamped by franking/ affixing share transfer stamps at 0.25% of the market value on the date of execution of the transfer deed along with attested copy of PAN card.

Where should I send the shares for transfer?

Registration of Share Transfer is carried out only at our Registrar's Office i.e., M/s. Karvy Computer Share Pvt Ltd. You have to lodge the shares, either by personal delivery or through post/reputed courier. Alternatively, the shares can be sent to the Registered Office of the Company, which will be forwarded by us to RTA. Our Branch Offices do not handle share transfer processing and hence please do not hand over your Share Certificates at Branch offices or at any other offices of the Company.

The share certificates, along with the Share Transfer Deed, need to be sent to our Registrar & Share Transfer Agent (“RTA”) to the attention Mr. M. Murali Krishna, M/s. Karvy Computershare Private Limited, Plot No. 17 to 24, Vittal Rao Nagar, Madhapur, Hyderabad – 500 086, T: +91-40-2342 0818, F: +91-40-2343 1551, E-mail: einward.ris@karvy.com , Website: www.karvy.com.

It takes approximately 20 days, from the date of receipt, for processing the transfer. Once the transfer is registered in our books, the share certificates are dispatched.

If you do not receive the same within the abovementioned period, please contact the RTA.

What is the stamp duty payable on shares? Where do I get these stamps?

The Stamp duty applicable on share transfer is at 0.25% on the market value on the date of execution of the transfer deed. Share Transfer Stamps can be obtained from the authorised stamp vendors. Alternatively, stamps can be affixed by way of franking at the designated outlets in your area. Your sharebroker can also help you in this regard.

How do I ensure that the Transfer Deed is complete before sending it to the Company?

Please fill in all the columns of the transfer deed, sign as transferee at appropriate places and affix share transfer stamps at 0.25% of the market value on the date of execution of the transfer deed. Also enclose attested copy of PAN card. Please ensure that the transfer deed is duly filled in and executed as explained, to avoid any discrepancy/objection on lodgement.

I want to add another joint-holder name to my shareholding. What is the procedure that I should follow?

You have to execute a transfer deed, duly stamped and submit the same to RTA for transfer. Please note that such addition of name amounts to change in ownership of shares and the procedure for transfer has to be followed.

I have purchased BS Limited’s shares long back but I forgot to get them transferred in my favour. What is the procedure that I should follow now?

A transfer deed is valid for a period of one year from the presentation date indicated in the stamp affixed by the Registrar of Companies on the upper portion of the deed or the closure date of Register of Members immediately after the presentation date, whichever is later. Please check whether your transfer deed is still valid. If so, submit the transfer deed duly executed and stamped along with share certificates to RTA for transfer in your favour.

If the validity period of the transfer deed has expired you will have to approach the Registrar of Companies for extending the validity of the transfer deed. Alternatively, you may approach the registered holder/seller whose signatures are appearing on the transfer deed as seller to execute fresh transfer deeds. Thereafter you may submit the fresh/revalidated transfer deed to the RTA for transfer.



Dematerialization of Shares

What is Demat and what are its benefits?

Dematerialization ('Demat' in short form) signifies conversion of a share certificate from its present physical form to electronic form for the same number of holding.

It is a direct application of scope provided by the tremendous progress made in the area of Information Technology whereby voluminous and cumbersome paper work involved in the scrip based system is eliminated.

It offers scope for paperless trading through state-of-the-art technology, whereby share transactions and transfers are processed electronically without involving any share certificate or transfer deed after the share certificates have been converted from physical form to electronic form.

Demat attempts to avoid the time consuming and complex process of getting shares transferred in the name of buyers as well its inherent problems of bad deliveries, delay in processing/fraudulent interception in postal transit, etc.

Dematerialization of shares is optional and an investor can still hold shares in physical form. However, as per the directions of SEBI, he/she has to demat the shares if he/she wishes to sell the same through the Stock Exchanges. Similarly, if an investor purchases shares, he/she will get delivery of the shares in demat form.

The Depositories Act, 1996 has been enacted to regulate the matters related and incidental to the operation of Depositories and demat operations. Two Depositories are in operation - National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).

How does the Depository System operate?

The operations in the Depository System involve the participation of a Depository, Depository Participants, Company/Registrars and Investors. The Company is also called the Issuer.

A Depository (NSDL and CDSL) is an organisation like a Central Bank, i.e. Reserve Bank where the securities on an investor are held in electronic form, through Depository participants.

A Depository Participant is the agent of the Depository and is the medium through which the shares are held in the electronic form. They are also the representatives of the investor, providing the link between the investor and the Company through the Depository.

To draw an analogy, the Depository system functions very much like the banking system. A bank holds funds in accounts whereas, a Depository holds securities in accounts for its clients. A bank transfers funds between accounts whereas, a Depository transfers securities between accounts.

In both systems, the transfer of funds or securities happens without the actual handling of funds or securities. Both the banks and the Depository are accountable for safe keeping of funds and securities respectively. The Company has to sign an Agreement with NSDL/CDSL (the Depositories) and install the necessary hardware/software for operations.

How do I Demat my shares?

First, you have to open an account with a Depository Participant (DP) and get a unique Client ID number. Thereafter, you will have to fill up a Dematerialization Request Form (DRF) provided by the DP and surrender the physical shares intended to be dematerialized to the DP.

The DP upon receipt of the shares and the DRF, will send an electronic request to the company through the Depository for confirmation of Demat. Each request will bear a unique transaction number.

The DP will simultaneously surrender the DRF and the shares to the Company with a covering letter requesting the Company to confirm Demat. The Company, after necessary verification of the documents received from the DP, will confirm Demat to the Depository.

This confirmation will be passed on from the Depository to the DP, which holds your account. After receiving this confirmation from the Depository, the DP will credit the account with the shares so dematerialized. The DP will hold the shares in the dematerialized form thereafter on your behalf as your Trustee and you become beneficial owner of these dematerialized shares.

Once my shares are dematerialized, can I ever get them converted into physical shares?

If you are holding shares in electronic form, you still have the option to convert your holding in physical form by submitting a Rematerialisation Request Form (RRF) through your DP in the same manner as Dematerialization. Upon receipt of such request from your DP, the Company will issue share certificates for the number of shares so rematerialized.

What are the charges to be paid to Demat one's physical shares? Will it be paid by the company or do I have to pay for it?

The charges differ from DP to DP and therefore you will have to contact your DP for the same. As per SEBI directive, investor are not liable to pay demat charges except at the time of transfer of shares out of his/her demat account.

I have purchased some shares in paper form. Can I directly give the share certificates to my Depository Participant for dematerializing them in my favour?

No. Prior to dematerializing your shares, they have to be registered in your favour. Hence, you have to necessarily lodge the share certificates for transfer in your name, thereafter, you may pursue demat formalities separately.

Is it a fact that BS Limited shares are to be traded compulsorily in Demat Form? Do I have the option of holding them in physical form?

Yes. The shares of the company are to be compulsorily traded in demat form. However you can still buy shares in physical form upto 500 (through odd lot window facilities provided by Stock Exchanges) and send the same for transfer to the Company. After the transfer is registered in your favour, we shall return the share certificates in physical form to you.

How do I get my dividends on dematerialized shares? Will I get the Annual Report after I demat my shares and would I be able to attend the AGM?

The Depository Participants will give the list of demat account holders and the number of shares held by them in electronic form on the Record date to the Company.

The rights of the shareholders holding shares in demat form are at par with the holders in physical form. Hence you will be eligible to get the Annual Report and will have the right to attend the AGM as a shareholder.

What are the chances of any fraud/disputes in using a demat account? Whom should I approach in such cases?

Common risk factors applicable to trading in physical shares like mismatch in signatures, loss in postal transit, etc., are absent since the dematerialized shares are traded scrip less.

However, in the unlikely event of any other dispute, the concerned Stock Exchange and/or Depository Custodian viz. NSDL/CSDL or SEBI would have to be approached for resolving such issues.

Can I pledge my shares in demat form for the purpose of availing any funding/loan arrangement with my bankers?

Yes. You will have to contact your DP or the lending bank for this.



Nomination in respect of shareholding

How do I make a nomination with regard to my shareholding?

You have to submit a nomination form duly filled in duplicate and signed. If you are holding shares along with other holders then all the holders will have to sign the nomination form.

After the form is received by the Company, and if found in order, a registration number will be allotted to the nomination. A duplicate copy of the nomination form received from you will then be returned back to you with an endorsement indicating the registration number and date.

Nomination can be made only in respect of shares held in physical form. In case of dematerialized shares, your nomination has to be recorded with your Depository Participant.

Only one nomination can be made for each folio. Folios having different order or combination of names of shareholders will require separate nominations.

You may contact RTA for obtaining the above mentioned form.

Do I have to send my share certificates along with the nomination form?

No.

My shares are held in joint names. Are the joint holders nominees to the shares?

Joint holders are not nominees. They are joint holders of the relevant shares having joint rights on the same. In the event of death of any one of the joint holders, the surviving joint holder/s of the shares is/are the only person/persons recognized by the Company as the holders of the shares.

Can a nomination once made be changed?

Nomination once made can be revoked by a shareholder by giving a fresh nomination. If the nomination is made by joint holders, and one of the joint-holders dies, the remaining joint holder/s can make a fresh nomination by revoking the existing nomination.

What is the legal position of the nominee in case of death of the shareholders?

Upon the death of a shareholder, the Nominee, to the exclusion of any other legal heir/beneficiary, is the only person in whom the shares vest. In other words, in case of a valid nomination, the company will not entertain any claim from legal heirs or beneficiaries and the shares will be transmitted only in favour of the Nominee.

In case if the nomination is made by joint-holders, the nomination will come into play only upon the death of all the joint holders. Therefore if one of the joint shareholders dies, the shares will devolve on the surviving shareholders to the exclusion of the Nominee. In this case the surviving shareholders may make a fresh nomination if they so desire.

What is the procedure for the nominee to get the shares registered in his name?

Upon death of a shareholder, the nominee is entitled to have the shares transmitted in his favour. He / She will have to give a notice in writing to this effect along with the share certificate(s) of the deceased shareholders. Alternatively, the nominee can transfer the shares held by the deceased shareholder, to a third party.

If a nominee opts for registration of shares in his name, he is required to produce proof of identity, e.g., copy of passport, driving license, voter's identity card or such other proof to the satisfaction of the Company. The nominee should also submit his specimen signature duly attested along with a request for transfer.

Upon scrutiny of the documents submitted by the nominee, shares will be transmitted in his favour and share certificates returned to him duly endorsed.

Can the nominee sell the shares without registration in his favour? What is the procedure?

Yes, a nominee can sell the shares to a third party (after the death of the registered owner(s)), without registration of shares in his favour. However, the usual procedure for transfer of shares will have to be followed.

I have shares in the demat form. Can I send the nomination form to the Company for making a nomination with respect to my shareholding?

No. For making a nomination with respect to dematerialized shares, you will have to approach your DP. In the account opening form provided by the Depository Participants there is a provision for providing the name of the nominee. Please consult your Depository Participant for further details.



Transmission of shares

In case of joint holdings, in the event of death of one shareholder, how do the surviving shareholders get the shares in their names?

The surviving shareholders will have to submit a request letter supported by an attested copy of the Death Certificate of the deceased shareholder and the relevant share certificates.

The Company on receipt of the said documents will delete the name of deceased shareholder from its records and return the share certificates to the applicant/registered holder with necessary endorsement.

If a shareholder who held shares in his sole name dies without leaving a will, how can his legal heir/s (either husband/wife/son/daughter, etc.) get the shares transmitted in their names?

The legal heirs should obtain a Succession Certificate or Letter of Administration with respect to the shares and a true copy of the same, duly attested by the Court Officer, or Notary should be sent to the company along with a request letter, transmission form, and all the share certificates in original, for transmission in their favour.

If the deceased family member who held shares in his/her own name (single) had left a will, how do the legal heir/s get the shares transmitted in their names?

The legal heirs will have to get the will probated by the High Court/District Court of competent jurisdiction and then send us a copy of the probated copy of the will, along with relevant schedule/annexure setting out the details of the shares, the relevant share certificates in original and transmission form for transmission.

A and B had shares in BS Limited. Both of them died. How do I get the shares transmitted in my name?

The legal heirs should obtain a Succession Certificate/Letter of Administration of the last deceased joint holder in your favour and follow the procedure for transmission of shares.

I have already produced the attested/registered will. Since getting it probated would take a long time and money can I avoid that procedure?

You will appreciate that in order to ascertain that the will in question is the last will and testament made by the deceased, it is important that the same is authenticated/probated by the Court. This is to protect the interest of the investors at large and to obviate any future claims/disputes on the same.

The name of a joint holder was included only for convenience by the first holder. I am the only heir. Could you transfer the shares in my name as per the will/probate?

As per law, the joint holder is deemed to be having indivisible ownership of the joint property and the Company cannot ascertain as to how or why the name was included. As per the Articles of Association of the company, the surviving joint holders are the only persons recognized as having title to the shares.


Change of address or status

If there is a change in my address what is the procedure to get it recorded with the Company?

Kindly send a request letter signed by the shareholder (first named shareholder in case of joint-holders) giving the new address along with the Pin Code and folio number. Also please let us have following documents:

Certified copy of your PAN Card OR Passport OR Driving License.

Any of the following documents in support of your present changed address:

  • Original/Certified copy of Electricity Bill
  • Original/Certified copy of Telephone Bill
  • Original/Certified copy of Consumer Gas Card
  • Certified copy of Ration Card
  • Certified copy of your Bank Pass Book
  • Certified copy of Flat Agreement
  • Certified copy of Leave and License Agreement
  • Certified copy of any other document in support of your present address.

You may also send us along with above documents, any previous correspondence received by you from the Company wherein your name, address and folio number is mentioned i.e. Counter-foil of Dividend Warrant, Share Certificate, etc. Only on receipt of the above documents and on our satisfying that the same are in order, we will record the change of address and send you a confirmation. Please note that until then communications will continue to be mailed to you at your old address.

Can joint-holders request for a change of address?

No. The letter of request will require the signature of the first or all holders.

Can there be multiple addresses for a single folio?

No. There can be only one address for one folio.

If the shares are dematerialized, what is the procedure for change of address?

Since your Depository Participant maintains your records of dematerialized shares, you have to inform them about any change in your address. Your Depository Participant will then pass on this information when any action like dispatch of Annual Accounts or payment of dividend etc., is due to be taken by the company.

My status has changed from 'Resident' to 'Non-Resident'. How do I ensure that the payments are repatriated outside India?

In the event, your residential status has changed to a that of a non-resident and sale proceeds of the Shares or dividend payment is sought to be repatriated outside India, please obtain prior permission from the Reserve Bank of India through your banker in India and submit to the Company.

Where the sale proceeds and/ or dividend payment is not sought to be repatriated, a duly completed Form of Undertaking would be required to be submitted to the Company.

Specimen of the aforesaid undertaking is available with RTA as well as the Company, which shall be provided on request.

Note : Ensure to mention the Non-Resident Ordinary (NRO) account number with the banker in India to facilitate payment of dividend.

What is the procedure to be followed if my status has changed from 'Non-Resident' to 'Resident'?

Please send a letter to the RTA duly signed by the registered holder asking for change in status from Non-resident to Resident.

I have not received my dividend. What action do I take?

You may please write to the RTA furnishing the particulars of the dividend not received and also quoting your folio number/client ID particulars (in case of dematerialized shares). We will check our records and issue duplicate dividend warrant if the dividend remains unpaid in the records of the company.

What is the procedure for obtaining a duplicate dividend warrant?

If the validity period of the lost dividend warrant has not yet expired, you will have to wait till the expiry date since no duplicate can be issued during the validity of the original warrant. However after the expiry of the validity period, if the dividend warrant is still shown as unpaid in our Bank Statement, we shall issue a duplicate warrant to you expeditiously.

Why do the shareholders have to wait till the expiry of the validity period of the original warrant? Couldn't you issue stop payment instructions to the bank for the original warrant and issue a duplicate immediately?

Since the dividend warrants are payable at par at almost 100 centres all over the country, it is not practically possible for the banks to issue stop payment instructions and it is therefore necessary for us to wait till the validity of the original warrant has expired.

10. In order to protect against fraudulent encashment, I want to incorporate the details of my bank account in my dividend warrant. What is the procedure that I should follow?

If you are holding shares in physical form, please give your folio number, details of name, of your bank and account number to our RTA/ISC and we shall incorporate the same in all your future dividend warrants. However, if you are holding the shares in demat form, such details will have to be given to your Depository Participant with whom you have a demat account. Your Depository Participant in turn will pass on this information to the company. This procedure is in accordance with depository regulations.

Can I authorise my bank or any other person to receive dividends on my behalf?

Yes. You will have to write to us furnishing the name and address of the authorised person/bank and your folio number and we shall record your instructions accordingly and dispatch the warrant to the mandatee. Please note that this procedure is applicable only if you are holding shares in physical form.

Why can't the company take on record the bank details in case of dematted shares?

As per the Depository Regulations, the company is obliged to pay dividend as per the details of demat shareholders furnished by the concerned Depository Participant. The company cannot make any change in such records received from the Depository.

What is Electronic Clearing Service (ECS)?

Under this system, you can receive your dividend electronically by way of direct credit to your bank account. This avoids a lot of hassles like loss/fraudulent interception of dividend warrants during postal transit. This also expedites payment through credit to your account compared to dividend warrants in physical form. We would strongly recommend that if you have not already opted for Electronic Clearing Service, you may please do so.

How can I avail of the Electronic Clearing Service facility?

You should submit the ECS form duly completed along with a photocopy of a leaf of your cheque as advised in the Form and we shall take due note of the same in our records. As a result, all subsequent dividends will be paid to you through direct credit to your bank account.

Is the ECS facility available across the country?

No. The Reserve Bank of India has enabled ECS facility at select cities only.



Loss of share certificates

I have lost/misplaced my share certificates. What are the steps that I should take to obtain duplicate share certificates?

Please inform our RTA immediately about loss of share certificates quoting your folio number and details of share certificates if available. We shall immediately mark a caution on your folio to prevent any further transfer of shares covered by the lost share certificates.

Simultaneously, you will have to lodge a complaint with the police regarding loss of share certificates and also comply with the following formalities:

Furnish an acknowledged copy of the police complaint.

Furnish an indemnity for loss of share certificates.

Publish a notice in a newspaper on the lines of the draft notice of loss of share certificates and submit the paper cutting of the notice to the Company. The Notice should contain the details of registered shareholder(s), share certificate numbers and distinctive numbers of shares lost.

Upon receipt of all the above documents we shall proceed to issue duplicate share certificates to you.

However please note that if the lost share certificates and the valid transfer deeds are lodged with the company by a third party for transfer, the case will have to be dealt with on the basis of relevant facts and we shall advise further course of action at that time.

You may contact RTA for obtaining the above formats.

I have lost my share certificate with transfer deeds duly executed by me. How should I proceed to obtain duplicate share certificates?

You need to follow the procedure as above

What action should I take if I retrieve the original share certificate, which I had reported to be lost to the company?

Please surrender the original share certificate to the RTA immediately if the duplicate share certificates have been issued. However, if the original share certificates are found before you comply with the procedure for obtaining duplicate share certificate, please inform the Investor Service Department immediately so that we can take immediate suitable action.

A and B had shares in BS Limited. Both of them died. How do I get the shares transmitted in my name?

The legal heirs should obtain a Succession Certificate/Letter of Administration of the last deceased joint holder in your favour and follow the procedure for transmission of shares.

I have already produced the attested/registered will. Since getting it probated would take a long time and money can I avoid that procedure?

You will appreciate that in order to ascertain that the will in question is the last will and testament made by the deceased, it is important that the same is authenticated/probated by the Court. This is to protect the interest of the investors at large and to obviate any future claims/disputes on the same.

The name of a joint holder was included only for convenience by the first holder. I am the only heir. Could you transfer the shares in my name as per the will/probate?

As per law, the joint holder is deemed to be having indivisible ownership of the joint property and the Company cannot ascertain as to how or why the name was included. As per the Articles of Association of the company, the surviving joint holders are the only persons recognized as having title to the shares.



Miscellaneous

I wish to split/consolidate my share certificates into marketable lots. What is the procedure that I should follow?

Please forward your share certificates along with a request letter signed by the registered shareholder/s and we shall split/consolidate the share certificates accordingly.

I am holding more than one folio in the same name. Can I consolidate these folios?

Yes. Please forward the share certificate relating to those folios which you wish to merge and we shall consolidate your folios and return the share certificates by endorsing the consolidated folio number.

You may please note that the folios to be consolidated should be in the identical name or in the same order of identical names (in case of joint-holding) and bear the same address.

When I authorise another person to deal with my shares, do I have to report this to the company?

Yes. You will have to execute a Power of Attorney in favour of the concerned person and submit a notarised copy of the same to the RTA for registration. After scrutiny of the documents we shall register the Power of Attorney and inform you about the registration number of the same.

I was holding BS Limited shares and I have lost my share certificates. What is the procedure that I should follow?

Please inform our RTA immediately about loss of share certificates quoting your folio number and details of the share certificates if available.

We are holding shares in joint names and would like to change the order of names.

Please forward your share certificates along with a request letter duly signed by all the joint-holders as per the specimen signatures recorded with the Company.