MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22
182 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 24. Shares transferred/ credited to IEPF During the year 2021-22, the Company transferred 1,20,649 Ordinary (Equity) Shares to IEPF Authority corresponding to unclaimed dividend for the year 2013-14. The IEPF Authority holds 24,57,866 Ordinary (Equity) Shares in the Company as on 31 st March, 2022. Pursuant to IEPF Rules, given below are the Ordinary (Equity) Shares transferred to and released from IEPF Authority: Particulars Number of shares transferred to IEPF Transferred to IEPF during the year 2017-18 11,00,234 Bonus shares credited to IEPF on 26-12-2017 11,00,234 Total number of shares held by IEPF as on 31 st March, 2018 22,00,468 Transferred to IEPF during the year 2018-19 61,352 Total number of shares held by IEPF as on 31 st March, 2019 22,61,820 Transferred to IEPF during the year 2019-20 62,079 Released from IEPF during the year 2019-20 31,012 Total number of shares held by IEPF as on 31 st March, 2020 22,92,887 Transferred to IEPF on 8 th April, 2020 30 Total number of shares held by IEPF as on 8 th April, 2020 22,92,917 Transferred to IEPF during the year 2020-21 60,436 Released from IEPF during the year 2020-21 13,412 Total number of shares held by IEPF as on 31 st March, 2021 23,39,941 Transferred to IEPF during the year 2021-22 1,20,649 Released from IEPF during the year 2021-22 2,724 Total number of shares held by IEPF as on 31 st March, 2022 24,57,866 The voting rights on these shares shall remain frozen until the rightful owner claims the shares. The Company has appointed a Nodal Officer under the provisions of IEPF Rules, the details of which are available on the website of the Company https://www.mahindra.com/contact-us. Further, the Company has also appointed Deputy Nodal Officers to assist the Nodal Officer to, inter alia , verify the claim(s) and co-ordinate with the IEPF Authority. The Company has uploaded the details of unpaid and unclaimed amounts lying with the Company as on 31 st March, 2021 on the Company’s website at the web link: https://www.mahindra.com/investors/reports-and- filings and on the website of the Ministry of Corporate Affairs at www.iepf.gov.in/.
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