| 1. | What is Kanishk Steel’s ticker symbol? |
| Kanishk Steel’s ticker symbol is KSI01. |
| 2. | On what exchange does Kanishk Steel Industries Ltd. trade? |
| Kanishk Steel Industries Ltd. is listed in the Bombay Stock Exchange. |
| 3. | When does the fiscal year end? |
| 31st March of every year. |
| 4. | How do I contact Kanishk Steel’s Investor Relations department? |
| You can contact Mr. Arvind Gupta at 91 44 25223321 or mail ag@kanishksteels.com |
| 5. | Who are the Registrars and Share Transfer Agents of Kanishk Steel Industries Ltd.? |
| Share Transfer Agents:
M/s. Cameo Corporate Services Ltd.,
No.1, Club House Road,
Chennai – 600 002 |
| 6. | How do I transfer the shares? |
| The shares of the Company are freely tradeable. There are no restrictions on transfer. In respect of shares held in electronic form, please consult a Depository Participant, who will help you to register the shares in your name. In case of physical shares, please forward the relevant documents to the Company’s Registrars & Share Transfer Agents. |
| 7. | What care should I take while buying or selling securities? |
| Purchase or sell securities only through authorized stockbrokers duly registered with Stock Exchanges. Ensure that you receive a Contract Note for all transactions. The broker's stamp with the SEBI registration/Code number should be affixed on the reverse of the transfer deed(s). |
| 8. | Over a period of time, my signature has change. What should I do to change my specimen signature in your records? |
| Any change in the specimen signature should be intimated to registrar immediately to enable mailing of the required forms. This is applicable only for holdings in physical form. For securities held in electronic form, please contact your depository participant (DP) |
| 9. | How do I record a change in my address? |
| A letter duly signed by the first holder stating the new address and all the Folio Nos. must be sent to registrar. You must ensure that the signature of the first holder is as per the specimen signature recorded with registrar.
A computerized acknowledgement will be sent to your new address confirming the updation of the change in our records.
In case you have dematerialized your holdings, please write to your DP immediately and ensure that you receive a confirmation of them having noted your new address. |
| 10. | What should I do if my share/debenture certificates are lost/stolen? |
| Please immediately intimate the registrar regarding loss of certificates, giving details of folio number and distinctive numbers. It is advisable to lodge a complaint with the local Police Station.
Kindly send the registrar an acknowledged copy of the Complaint / FIR for advice on the further course of action.
You should state:
• Name of the Company in which you hold securities.
• Your full name and address, as recorded with the registrar.
• The distinctive number(s) of the certificate(s) that is/are missing.
If you do not know the number(s) of the missing certificate(s) please provide the number(s) of the certificates still in your possession. Please also state if the certificate(s) is/are lost or stolen. If the certificate(s) is/are stolen, we will require the F.I.R as issued by the Police. Your letter must be signed by at least one of the holders. We will send you the documents to be executed for issue of duplicate certificates.
In case you trace your certificates, please inform the registrar immediately so as to avoid any complexity/delay in future transactions. |
| 11. | What are the ways I can receive the dividend/interest amount due to me? |
| Advantages:
- Ensures receipt of your dividend/interest amount in any designated bank account on the payment date, thus maximizing interest.
- Ensures receipt of payments even if the change in your address has not been notified to the registrar
- Minimizes risk of misappropriation.
- Precludes the need for you to pay the payment cheque into a bank account.
The following ways to receive the corporate benefits i.e dividend / interest are listed below:
• The warrant can be mailed to your address as recorded with us or to the address as downloaded to the registrar by your Depository Participant.
• The warrant can be posted directly to your bankers if a mandate instruction is registered with us, for physical holding only.
• The net amount due to you can be credited electronically to your bank account based on the ECS instructions submitted to the registrar for physical holdings, and downloaded to the registrar by your Depository Participant for electronic holdings.
Please ensure that the bank account details provided is correct and complete to avoid delay in credit. |
| 12. | How do I change or lodge fresh mandate instructions with the company? |
| For securities held in physical form, please send us a covering letter specifying your folio number, banker's name, address, account type and account number. The dividend/Interest amounts payable to you can be sent directly to your bank under intimation to you. In case you desire the warrant to be mailed to your registered address after incorporating the bank account details on the warrant, you may specify this requirement in your request letter to be lodged with the registrar.
For securities held in electronic form, please contact your depository participant. |
| 13. | What are the features of the Electronic Clearing Facility (ECS) introduced by the Reserve Bank of India (RBI)? |
| Reserve Bank of India has introduced the Electronic Clearing Service which allows electronic credit of the dividend /interest amount to your bank account for the amount due to you.
The salient features are:
• Instant credit - This Facility provides instant credit of dividend/interest amount to your bank account electronically at no extra cost. ECS also eliminates the delay in postal transit and fraudulent encashment of warrants.
• Optional Scheme - This scheme is optional Coverage - ECS is presently available in major cities / centres like Ahmedabad, Bangalore, Calcutta, Chennai, Delhi, Hyderabad, Mumbai, Pune. RBI has been extending this facility to various centres from time to time. The scheme is at present available only for payments upto a maximum amount of Rs. 5,00,000/-.
• Procedure for credit - Under this facility the amount of dividend / interest payable to you would be directly credited to your bank account. Your bank branch will credit your account and indicate the credit entry as 'ECS' transaction in your passbook / statement of account.
In case ECS facility is not made available to you by the Company / their Bankers at a particular centre or the amount payable to you exceeds Rs. 5,00,000, the dividend / interest amount due to you would be remitted by means of a dividend / interest warrant which would be posted to your address with the particulars of the bank/branch and account number furnished by you duly incorporated on it. |
| 14. | How do I avail of the ECS Scheme introduced by Reserve Bank Of India (RBI)? |
| To avail of ECS facility (i.e direct electronic credit to your bank account), please write to the registrar specifying the following details:
1. Your Folio Number
2.Name and address of the bank branch
3.Account type and account Number.
4.The 9 Digit code number of the bank and branch as appearing on the MICR cheque issued by the bank.
This is applicable only for securities held in physical form. For securities held in electronic form, please contact your Depository Participant. |
| 15. | I have an old warrant which I forgot to encash and which is now time-barred. Can I still obtain the amount due to me? |
| Yes. Provided the amount is not transferred to the General Revenue Account of the Central Government or the Investor Education and Protection Fund.
Please mail the outdated instrument to the registrar to enable issue of a fresh instrument, if the amount reflects an outstanding status in the records of the company.
? When is unclaimed dividend/interest amount transferred to the General Revenue Account/Investor Education Protection Fund of the Central Government?
As per the Companies Act, all unclaimed and unpaid dividend maintained in the separate dividend account of the Company was to be transferred to the General Revenue Account of the Central Government after the prescribed period of approximately 3 years. Prior to such transfer, an intimation requesting the investor to claim the amount has always been sent by the registrar. In spite of this, if an investor did not make the claim, the outstanding dividend amount would get transferred to the Central Government after the stipulated period. Any claim thereafter would have to be made to the Registrar of Companies in the prescribed form available with the registrar.
However as per the Amendment vide the Companies (Amendment) Ordinance, 1998, Section 205 (A) of the Companies Act 1956, this clause has been amended with effect from 31st October, 1998. Accordingly, any amount, which remains unpaid or unclaimed for a period of 7 years, shall be transferred by the company to the "Investor Education and Protection Fund"("The Fund").
No investor can claim this amount thereafter from the Fund. |
| 16. | How do I trade (buy / sell) in electronic form? |
| You may buy and sell securities in electronic form through the depository by coordinating with your broker and your DP. Such transactions would be simpler and faster. Payments for such transactions would be made in the same way as is done for physical certificates. Securities purchased in electronic form are credited to your account on the very next day of payout with no formalities of filling transfer deeds or applying to the Company for registration. All such transactions are exempt from stamp duty and accordingly no share transfer stamps are required to be affixed.
Such transactions are not routed through the Company and the debit/credit takes place directly in the Depository System. However, corporate benefits would be paid to the person holding such securities on the Record date/Book closure date as applicable. |
| 17. | What is Transmission? |
| If the shareholding is in joint names and either of the holders is deceased, then the procedure to delete the deceased person's name from the Company's records as well as from the certificates.
Submit an attested copy of the death certificate of the deceased holder along with the relevant certificates and the prescribed transmission form available with the registrar, duly completed and signed by the survivors so that the name of the deceased can be deleted from the Company's records as well as from the certificates. |
| 18. | What is Consolidation? |
| The process by which an investor gets a single certificate in return for the submission of multiple share certificates of smaller denominations is called as consolidation. The denomination of the single certificate issued will be the sum of the smaller denominations of the multiple certificates, provided they are under the same folio. |
| 19. | What is Amalgamation? |
| The process by which an investor can merge the holdings of multiple folios (provided the names are identical and are in same order) into a single folio is called Amalgamation. |
| 20. | What is a Split? |
| Split is a process by which a requisite number of certificates as required by the Investor, can be generated in lieu of a single certificate of a particular denomination, provided the total denomination of the generated certificates is equal to the denomination of the original certificate. |
| 21. | What is a Subdivision? |
| Subdivision is a process by which the Company reduces the Face Value of its existing shares. This leads to an increase in the no. of shares of a lesser Face Value. |
| 22. | What is a Merger? |
| Whenever a company buys a company or companies or performs a deed where by the share holders of the acquired company automatically become the share holders of the parent company then such an activity is called Merger. |
| 23. | What is Dematerialization? |
| This is a process whereby the holdings held in physical form are converted to Electronic form |
