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| Q7. |
The
Shares were held in the name of my deceased relative’s
and I am the Legal Heir. How do I get the shares
transmitted in my name? |
| Ans. |
For transmission
of shares held in the single name of the deceased,
the legal heirs have to send to the Company at
the address mentioned below, the following documents:
- Formal Transmission request, as per format
given in the link below
- Share Certificate(s)in original
- Certified copy of the death certificate of
the deceased. The certification on the copy
of the death certificate can be done by a Magistrate,
Notary Public, Special Executive Magistrate
or a similar authority authorized holding a
public office and authorized to use the seal
of his office. The name and designation of person
attesting the document must be legible. Alternatively,
the original death certificate can be sent to
the Company, which after verification will be
retuned back.
- Certified copy of the Probate of will / Succession
Certificate / Letter of Administration, as may
be applicable. The certification on the said
document can be done by a Magistrate, Notary
Public, Special Executive Magistrate or a similar
authority authorized holding a public office
and authorized to use the seal of his office.
The name and designation of person attesting
the document must be legible.
- Specimen signatures of the legal heirs, duly
attested by their bankers
- Un-encashed dividend warrants, if any, in
the name of the deceased.
The Company reserves a right to ask
for further information / documents before processing
the request for transmission of shares.
In case of any further clarification is required
by the legal heirs in the matter, letter can also
be sent to the Company at the following address:
The Secretarial Department
Ballarpur Industries Limited
P O Ballarpur Paper Mills - 442 901
District Chandrapur
Maharshtra
Fax: 07172-240548
E-mail: sectbpm@bilt.com
Click
here for format
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| Q8. |
I
am a shareholder holding shares as second joint
holder. Due to the death of the first holder, I
wish to delete his name. What should I do? |
| Ans. |
The joint holder
has to send a formal request to the Company for
deleting the name of the first holder along with
the following documents:
- Share Certificate(s)in original
- Certified copy of the death certificate of
the deceased. The certification on the copy
of the death certificate can be done by a Magistrate,
Notary Public, Special Executive Magistrate
or a similar authority authorized holding a
public office and authorized to use the seal
of his office. The name and designation of person
attesting the document must be legible. Alternatively,
the original death certificate can be sent to
the Company, which after verification will be
retuned back.
- Un-encashed dividend warrants, if any, in
the name of the deceased.
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The
Company reserves a right to ask for further information
/ documents before processing the request received
from the joint holder(s)
The above mentioned details should be sent at the fiollowing adderess:
The Secretarial Department
Ballarpur Industries Limited
P O Ballarpur Paper mills - 442 901
District Chandrapur
Maharshtra
Fax: 07172-240548
E-mail: sectbpm@bilt.com
Click
here for format
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| Q9. |
I
am holding shares in the physical form and wish
to avail the benefit of ECS i.e receipt of the dividend
and other payments directly to my bank account.
What should I do? |
| Ans. |
ECS (Electronic Clearing
Service) is a facility provided by RBI whereby the
shareholders can authorize the company to credit
the amount of dividend directly to the shareholders’
specified bank account. The facility currently is
available for limited locations and is free of cost.
Payments through ECS are not only very convenient
but also ensure increased protection against fraudulent
interception and encashment of dividend warrants
by eliminating loss/ damage of dividend warrants
in transit. Currently, the scheme is applicable |
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The share holder should send ton the company, request for updation of ECS details in the format given in the link below. The request should be sent at the following address duly signed by the sole
/ First holder or the authorized signatory/ POA
holder along with the following documents:
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- Full particulars of the bank account.
- Copy of a cancelled cheque issued by the
bank containing the MICR & the Branch code.
Note: In case of shares held
in electronic form, you may please contact your
Depository for availing the ECS facility
The above mentioned details should be sent at the fiollowing adderess:
The Secretarial Department
Ballarpur Industries Limited
P O Ballarpur Paper mills - 442 901
District Chandrapur
Maharshtra
Fax: 07172-240548
E-mail: sectbpm@bilt.com
Click
here for format |
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| Q10. |
I
am holding shares the physical form and wish to
convert the same in demat form. What should I do? |
| Ans. |
As per the SEBI requirements,
shares of BILT have to be compulsorily traded in
electronic form. Dematerialisation is the process
wherein the shares held in physical form are converted
into electronic entries. The holding is reflected
as a credit balance in the demat account held by
the shareholder. |
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Some of the main
advantages of holding shares in demat form are
- A safe, convenient way to hold securities;
- Immediate transfer of securities;
- No stamp duty on transfer of securities;
- Elimination of risks associated with physical
certificates such as bad delivery , fake securities,
Delays, thefts etc.;
- Reduction in paperwork involved in transfer
of securities;
- Reduction in transaction cost;
- No odd lot problem, even one share can be
sold;
- Nomination facility for the demat account;
- Change in address recorded with DP gets registered
with all companies in which investor holds securities
electronically eliminating the need to correspond
with each of them separately;
- Transmission of securities is done by DP eliminating
correspondence with companies;
- Automatic credit into demat account of shares,
arising out-of bonus/split/consolidation/merger
etc.
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For more details
you may log on to the NSDL site at www.nsdl.co.in
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| Q11. |
I
am holding share-debentures of Ballarpur Industries
Ltd. which were acquired before marriage. Consequent
upon my marriage I wish to get my shares-debentures
recorded in new name. How should I proceed? |
| Ans. |
In case of change
of name due to marriage, the shareholder is required
to provide following documents to the company:
- Affidavit as per format given in the link
below.
- Certified copy of marriage certificate
- Share/debenture certificate(s) in original
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The above mentioned details should be sent at the fiollowing adderess:
The Secretarial Department
Ballarpur Industries Limited
P O Ballarpur Paper mills - 442 901
District Chandrapur
Maharshtra
Fax: 07172-240548
E-mail: sectbpm@bilt.com
Click
here for format |
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| Q12. |
I have changed my name (due to reasons other than marriage) and wish to get my shares/ debentures certificate in my new name. How should I proceed? |
| Ans. |
In case of change in name, the shareholder/ Debenture holder is required to provide following documents to the company:
- Affidavit as per format given in the link below.
- Certified copy of document (s) evidencing change in your name viz, notification in official gazette, news paper cutting notifying change in your name, identification proof in the new name e.g, passport /Voter Id card/Pan card etc.
- Share/debenture certificate(s) in original
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The above mentioned details should be sent at the fiollowing adderess:
The Secretarial Department
Ballarpur Industries Limited
P O Ballarpur Paper mills - 442 901
District Chandrapur
Maharshtra
Fax: 07172-240548
E-mail: sectbpm@bilt.com
Click here for format
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(Note: for any further query in the matter, kindly, e-mail at sectdiv@bilt.com , sbudhiraja@bilt.com) |
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