| DEMATRIALISATION OF PHYSICAL SHARES |
The Company has been educating its shareholders through various means of communication to convert their physical holding into demat to inter-alia avail the following advantages: |
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| a) |
There is no risk of bad delivery. |
| b) |
One never needs to doubt the genuineness of its shares i.e., whether they are forged or fake. |
| c) |
Share transactions like transfer, transmission etc. can be effected immediately. |
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Transaction costs are usually lower than that of the physical segment. |
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The shares cannot be lost or stolen or multilated. |
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Bonus/Rights shares allotted, will be immediately credited to shareholders’ account. |