Your Directors have great pleasure in presenting the 32nd Annual Report on the business and operations of your Company together with Audited financial statement of the Company including consolidated financial statement of the Company for the financial year ended 31st March 2017 and the Auditors’ report there on.
FINANCIAL SUMMARY AND HIGHLIGHTS
This is to inform you that as per rule 6 of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2017, all the shares in respect of which dividend is unclaimed for 7 (seven) consecutive years or more, shall be transferred by the Company to the Investor Education and Protection Fund (IEPF) constituted under Section 125 of the Companies Act, 2013.
In this regard, we hereby inform you that the shareholders who were not claimed the dividend amounts for a consecutive period of 7 years, and the respective dividend amounts were already transferred to Investor Education and Protection Fund (IEPF). Pursuant of IEPF Rules, the Company shall also transfer your equity shares to the said fund.
Subsequent to such transfer of your shares to IEPF, all benefits which may accrue, if any, in future, to such shares, including dividend, will be credited to the IEPF.
In terms of Rule 7 of the IEPF Rules, any person may claim his/her shares from IEPF authorities by filing an application in Form IEPF-5 and follow the prescribed procedure for re-transfer of such shares.
Hence, request you to claim your unclaimed dividend and ensure your shares are in live. If you need any further clarifications, please send an e-mail to email@example.com or IEPF@cameoindia.com.
FOR LANCOR HOLDINGS LIMITED
Dr. V. Rajesh
Company Secretary & Compliance Officer