Annual Report for the Year 2012-13 - Jaypee Group
Annual Report for the Year 2012-13 - Jaypee Group
Annual Report for the Year 2012-13 - Jaypee Group
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98.36% of <strong>the</strong> Share Capital of <strong>the</strong> Company had been<br />
dematerialized. The Company is compliant of SEBI’s<br />
requirements relating to <strong>the</strong> shareholding of <strong>the</strong> Promoters<br />
being in demat <strong>for</strong>m. The shares of <strong>the</strong> Company <strong>for</strong>m<br />
part of S&P BSE 100, S&P BSE 500 and also part of NSE<br />
Nifty, CNX Infra, NSE Future & Options. The shares of <strong>the</strong><br />
Company are actively traded on both BSE and NSE.<br />
25. UNCLAIMED DIVIDENDS<br />
Pursuant to Section 205A read with Section 205C of <strong>the</strong><br />
Companies Act, 1956, <strong>the</strong> dividend amounts which remain<br />
unpaid/unclaimed <strong>for</strong> a period of seven years, are required<br />
to be transferred to <strong>the</strong> Investor Education and Protection<br />
Fund (IEPF) of <strong>the</strong> Central Government. After such transfer<br />
no claim of <strong>the</strong> members whatsoever shall subsist on <strong>the</strong><br />
said amount. There<strong>for</strong>e, Members are requested to encash<br />
<strong>the</strong>ir Dividend warrants on priority within <strong>the</strong> validity<br />
period. Fur<strong>the</strong>r, <strong>the</strong> particulars of unpaid/ unclaimed<br />
dividend etc. till financial year 2010-11 are available on<br />
Company’s website www.jalindia.com in compliance of<br />
<strong>the</strong> Investor Education and Protection Fund (Uploading of<br />
in<strong>for</strong>mation regarding unpaid and unclaimed amounts lying<br />
with companies) Rules, <strong>2012</strong>.<br />
Dividend history & transfer of Unclaimed Dividend to<br />
Investor Education & Protection Fund (IEPF):<br />
(1) Jaiprakash Associates Limited<br />
S. Financial<br />
No. <strong>Year</strong><br />
Interim/<br />
Final<br />
Date of<br />
Declaration<br />
Rate of<br />
Dividend<br />
Dividend<br />
Amount<br />
Excluding<br />
Tax (`Cr.)<br />
Dividend Due Date of<br />
Distribution Transfer to<br />
Tax (` Cr.) IEPF<br />
1. 2001-02 Interim 30.01.2002 7% 11.07 N.A. 02.03.2009<br />
(transferred)<br />
--do-- Final 27.09.2002 5% 7.30 0.63 28.10.2009<br />
(transferred)<br />
2. 2002-03 Final 06.10.2003 15% 26.43 3.38 06.11.2010<br />
(transferred)<br />
3. 2003-04 Final 29.09.2004 15% 26.43 3.45 30.10.2011<br />
(transferred)<br />
4. 2004-05 Interim 30.04.2005 18% 31.71 4.44 31.05.<strong>2012</strong><br />
(transferred)<br />
--do-- Final 27.09.2005 6% 10.71 1.50 28.10.<strong>2012</strong><br />
(transferred)<br />
5. 2005-06 Interim 03.03.2006 18% 34.06 4.77 03.04.20<strong>13</strong><br />
(transferred)<br />
--do-- Final 27.10.2006 9% 23.97 3.36 27.11.20<strong>13</strong><br />
6. 2006-07 Interim 11.01.2007 20% 43.73 6.<strong>13</strong> 11.02.2014<br />
--do-- Final 30.08.2007 16% 35.<strong>13</strong> 5.97 30.09.2014<br />
7. 2007-08 1 st Interim 14.07.2007 15% 32.88 5.58 14.08.2014<br />
--do-- 2 nd Interim 12.01.2008 15% 34.85 5.92 12.02.2015<br />
--do-- Final 27.08.2008 20% 46.95 Nil 27.09.2015<br />
8. 2008-09 1 st Interim 21.10.2008 15% 35.51 Nil 21.11.2015<br />
--do-- 2 nd Interim 27.04.2009 15% 35.51 6.03 28.05.2016<br />
--do-- Final 29.09.2009 20% 56.08 5.56 30.10.2016<br />
9. 2009-10 Interim 21.10.2009 27% 75.71 12.87 21.11.2016<br />
--do-- Final 21.09.2010 27% 114.82 19.07 22.10.2017<br />
10. 2010-11 Interim 28.01.2011 20% 85.06 Nil 28.02.2018<br />
11. --do-- Final 27.09.2011 20% 85.06 4.43 28.10.2018<br />
12. 2011-12 Final 27.09.<strong>2012</strong> 25% 106.32 7.88 28.10.2019<br />
<strong>13</strong>. <strong>2012</strong>-<strong>13</strong> Final<br />
(Recommended)<br />
* 25% 110.95 18.00<br />
* Dividend shall be paid after shareholders’ approval at <strong>the</strong><br />
ensuing <strong>Annual</strong> General Meeting.<br />
During <strong>the</strong> Financial <strong>Year</strong> <strong>2012</strong>-<strong>13</strong>, <strong>the</strong> Company has<br />
transferred (a) unclaimed Interim and final dividend<br />
amounting to `5,276,746 and `1,827,751 respectively<br />
relating to <strong>the</strong> Financial <strong>Year</strong> 2004-05 and (b) unclaimed<br />
fixed deposits amounting to ` 2,610.<strong>13</strong> and `1,50,521.77<br />
<strong>for</strong> <strong>the</strong> Financial <strong>Year</strong> 2004-05 and 2005-06 respectively<br />
to <strong>the</strong> Investor Education and Protection Fund of <strong>the</strong><br />
Central Government in compliance of Section 205C of <strong>the</strong><br />
Companies Act, 1956.<br />
(2) Erstwhile <strong>Jaypee</strong> Hotels Ltd.<br />
Dividend history & transfer of Unclaimed Dividend to<br />
Investor Education & Protection Fund (IEPF) of erstwhile<br />
<strong>Jaypee</strong> Hotels Ltd.(JHL) which got merged with Jaiprakash<br />
Associates Ltd.(JAL) consequent upon <strong>the</strong> sanction of<br />
<strong>the</strong> Scheme of Amalgamation of JHL alongwith three<br />
o<strong>the</strong>r group companies (Transferor Companies) with<br />
JAL (Transferee Company) by <strong>the</strong> Hon’ble High Court of<br />
Judicature at Allahabad on May 15, 2009, effective from<br />
May 27, 2009 is as under:<br />
S. Financial<br />
No. <strong>Year</strong><br />
Interim/<br />
Final<br />
Date of<br />
Declaration<br />
Rate of<br />
Dividend<br />
Dividend<br />
Amount<br />
Excluding<br />
Tax (`Cr.)<br />
Dividend Due Date of<br />
Distribution Transfer to<br />
Tax (` Cr.) IEPF<br />
1. 2004-05 Interim<br />
(considered<br />
07.03.2005 10% 5.55 0.72 07.04.<strong>2012</strong><br />
(transferred)<br />
Final)<br />
2. 2005-06 Final 27.09.2006 18% 9.98 1.40 28.10.20<strong>13</strong><br />
3. 2006-07 Final 27.09.2007 18% 9.98 1.69 28.10.2014<br />
4. 2007-08 Final 22.07.2008 18% 9.98 1.69 22.08.2015<br />
During <strong>the</strong> Financial <strong>Year</strong> <strong>2012</strong>-<strong>13</strong>, <strong>the</strong> Company transferred<br />
unclaimed interim dividend (considered final), pertaining<br />
to erstwhile <strong>Jaypee</strong> Hotels Limited, amounting `8,36,862<br />
relating to <strong>the</strong> Financial <strong>Year</strong> 2004-05 to <strong>the</strong> Investor<br />
Education and Protection Fund of <strong>the</strong> Central Government<br />
in compliance of Section 205C of <strong>the</strong> Companies Act,<br />
1956.<br />
26. OUTSTANDING GDRS/ADRS / WARRANTS OR ANY<br />
CONVERTIBLE INSTRUMENTS, CONVERSION DATE AND<br />
LIKELY IMPACT ON EQUITY FCCB(S) AND CONVERSION<br />
THEREOF<br />
The Company has so far issued four series of Foreign<br />
Currency Convertible Bonds – one each during <strong>the</strong> Financial<br />
<strong>Year</strong>s 2004-05, 2005-06, 2007-08 and <strong>2012</strong>-<strong>13</strong>. The first,<br />
second and third series of FCCB’s were fully redeemed on<br />
February 17, 2010, March 9, 20<strong>13</strong> and September 12,<br />
<strong>2012</strong> respectively.<br />
35