Demat

Depository services

The equity shares of the company are under compulsory demat trading by all investors. Shares are available for demat with both the depositories in India – National Securities Depository Ltd (NSDL) and Central Depository Services (India) Ltd (CDSL).

Considering the advantages of scripless trading, shareholders holding shares in physical form should consider dematerialisation of their holding. Shareholder(s) who want to hold shares in demat form should open a demat account with a depository participant (DP) registered with either NSDL or CDSL, and then surrender their share certificate(s) for dematerialisation to the company through the DP.

Steps involved in the dematerialisation of shares
  • Shareholder fills out a a dematerialisation request form (DRF) and surrenders the defaced share certificate(s) to the DP
  • The DP intimates the company of this request through the system
  • The DP submits the share certificate(s) and the DRF to the company
  • The company updates the register of members and then validates the request
  • The depository credits the DP's account
  • The DP updates the investor's demat account and informs investor

Should members require any further clarification about this facility, they can write to the Share Department of the company at Worli, Mumbai.

At present, no stamp duty has to be paid on transfer of shares in demat form.

Name and address of depository
National Securities Depository Ltd
Trade World, 4th Floor, Kamala Mills Compound
Senapati Bapat Marg, Lower Parel
Mumbai - 400 013
Tel: (022) 24972964 to 70
Fax: (022) 24972993 / 24976351
E-mail: info@nsdl.co.in
Website: www.nsdl.co.in
Central Depository Services (India) Ltd
Phiroze Jeejeebhoy Towers, 28th Floor, Dalal Street
Mumbai - 400 023
Tel: (022) 22723333 / 22723224
Fax: (022) 22723199
E-mail: investors@cdslindia.com
Website: www.cdslindia.com
Demat

Dematerialisation of shares and liquidity: Around 98% of outstanding shares have been dematerialized. Trading in Hindalco Shares is permitted only in the dematerialized form.

Details on use of public funds obtained in three years: On 9th March 2017, the Company has issued and allotted 17,68,27,659 Equity Shares of Rs. 1/- each at an issue price of Rs. 189.45 per share to raise Rs. 3,350 Crore by way of Qualifi ed Institutional Placement (“QIP”) under Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and Section 42 of the Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of Securities Rules, 2014). Expenses related to the issue amounting to Rs. 42.68 Crore have been adjusted against Securities Premium. Use of the net proceeds of the Qualifi ed Institutional Placement is intended for business purposes such as meeting working capital requirements, repayment or prepayment of debt, exploring acquisition opportunities and general corporate purposes. Pending utilisation, the proceeds (net of issue expenses) have been invested in short term liquid investments and included in Cash and Cash Equivalents as at 31st March, 2017. However, the entire amount has since been utilised for prepayment of long term debt and infusion of equity in a subsidiary for the purpose of repayment of its long term debt.

Outstanding GDR /Warrants / Convertible bonds: 15,29,46,895 GDRs are outstanding as on 31st March, 2017. Each GDR represents one underlying equity share.

Investor correspondence:
The Company Secretary
Hindalco Industries Limited
Century Bhavan, 3rd floor
Dr Annie Besant Road
Worli, Mumbai 400 030
Tel: (+91-22) 6662 6666
Fax: (+91-22) 2422 7586 / 2436 2516
Email: anil.malik@adityabirla.com

Share transfer information
Registrar and transfer agents The Company has In-House Investors Service Department registered with SEBI as Category II Share Transfer Agent vide Registration no INR 000003910
Investors Service Department 
Hindalco Industries Limited
Ahura Centre, 1st floor, B Wing
Mahakali Caves Road, Andheri (East)
Mumbai 400 093
Tel: (+91-22) 6691 7000
Fax: (+91-22) 6691 7001
E-mail: hilinvestors@adityabirla.com
Share transfer system: Share transfer in physical form are registered and returned within a period of 15 days of receipt, provided the documents are clear in all respects. Offi cers of the Company have been authorized to approve transfers up to 10,000 Shares in physical form under one transfer deed and one Director of the Company has been authorized to approve the transfers exceeding 10,000 shares under one transfer deed.

The total number of shares transferred in the physical form during the year was 4,77,657

Share transfer data

Transfer period (in days) 2016-17
No. of transfers Per cent No. of shares
1-10 797 84.34 4,62,675
11-15 148 15.66 14,982
15 and above 0 0 0
Total 945 100.00 4,77,657