Corporate Benefits

 

Dividend Payments

Name Date of Declaration Rate Amount of Dividend in Rs. (per equity share of Rs 10/-)
2012-13 30-07-2013 100% 10.00
2011-12 25-07-2012 75% 7.5
2010-11 25-07-2011 122.50% 12.25
2009-10 29-06-2010 95% 9.50
2008-09 06-07-2009 10% 1.00
2007-08 16-06-2008 140% 14.00
2006-07 13-03-2007 125% 12.50
2005-06 25-06-2006 80% 8.00

 

The amounts of the unclaimed dividend declared by the erstwhile Jindal Iron & Steel Company Limited (JISCO) upto the financial year ended 31st March, 1995 have been transferred to the General Revenue Account of the Central Government in terms of Section 205A of the Companies Act, 1956. Shareholders who have not yet encashed their Dividend Warrants for the said period are requested to forward their claims in Form No. II prescribed under The Companies Unpaid Dividend (Transfer to General Revenue Account of the Central Government) Rules, 1978 to

 

To

The Registrar of Companies, Maharashtra,

Hakoba Compound, 2nd Floor,

Fancy Corpn. Ltd. Estate,

Dattaram Lad Marg, Kalachowkie,

Mumbai - 400 033.

 

Consequent upon amendment to Section 205A of the Companies Act, 1956 and introduction of Section 205C by the Companies (Amendment) Act, 1999, the amount of dividend for the subsequent years remaining unpaid or unclaimed for a period of seven years from the date of transfer to Unpaid Dividend Account of the Company shall be transferred to the Investor Education and Protection Fund (IEPF) set up by the Government of India and no payments shall be made in respect of any such claims, by the Fund.

Accordingly, all unclaimed/unpaid dividends of erstwhile Jindal Iron & Steel Limited (now merged with JSW Steel Limited) in respect of financial years 1995-96 to 2002-03 have been transferred to IEPF. Members who have not encashed their dividend warrants for the year F.Y 2003- 2004 or thereafter are requested to write to the Company's Registrars and Share Transfer Agents- Karvy Computershare Private Limited.