Procedural Aspect
Nomination Facility

The shareholders are now entitled to make nomination in favour of any person(s) in the prescribed manner to whom the shares shall vest in the unfortunate event of death of the registered holder. The joint holders may together appoint a person as nominee to whom the shares shall vest in the event of death of all the joint holders.

Where the nominee is a minor, the shareholder(s) may appoint a person to become entitled to shares in the event of death of the shareholder(s) during the minority of the nominee. 

In the event of death of the registered holder(s), the nominee may elect either to be registered as the holder of the shares or to make transfer of shares as the deceased shareholder(s) could have made.

Please note that if you hold the shares in demat form, you are advised to contact your Depository Participant for nomination/change of nominee or for transmission of shares on the unfortunate death of the registered holder(s).


Transmission of Shares

The procedure explained herein is applicable in case the deceased share holder(s) has made no nomination.

If the shares are held in joint names, the surviving shareholder has to submit either the original or an attested copy of the death certificate of the deceased holder(s) alongwith all original certificates in respect of the shares, to enable the Company/RTA to make necessary endorsement on the share certificates. 

Please send the unencashed dividend warrant(s) so that fresh warrant(s) may be issued in lieu thereof. In case the shares are held in the sole name of the deceased holder, the legal heir/successors are required to send the certified copy of the succession certificate obtained from a competent court of law or the probate of the will executed by the deceased holder or the letter of administration, as applicable, alongwith an attested copy of the death certificate of the deceased holder and all original share certificates.

Please note that if the shares are held in demat form, you are advised to contact your Depository Participant for transmission of shares held by the deceased registered holder(s).


Transposition of Shares

If the shareholder requires a change in the order of their name on share certificate, a request letter signed by all the Joint holder(s) in respect of the entire holding should be sent to the Company/RTA alongwith all original certificates. Please note that such requests do not require the execution of a transfer deeds) or the payment of stamp duty. 

For a change in order of name(s) in respect of part holding or addition/deletion of name(s) of one or more joint holder(s) in respective folio, the normal procedure of transfer is to be followed i.e. execution of transfer deed and payment of stamp duty.

In case the shares are held in demat form, you are advised to contact your Depository Participant for transposition of the holding.


Issue of duplicate share certificates

In case of loss of original certificates please arrange to send the following documents:

  • Original or attested copy of FIR lodged with the local police station giving details of cenificate(s) lost
  • Duly executed Affidavit cum Indemnity Bond in the format available with the Company
  • A demand draft of Rs. 1500/- drawn in favour of Sink) Textiles And Industries Ltd. payable at Bhawanimandi/Mumbai for advertising the loss of share certificates in newspapers (the amount may change from case to case depending upon the amount charged by the ad agency) 


Change of Name

Your request for charge of name as appearing in the records of the Company should be accompanied by the following documens:

  • Individuals
    • -- A certified copy of notification in Official Gazette or a Newspaper.
    • -- An affidavit on a stamp paper of appropriate value duty notarized.
    • -- The new specimen signature duly attested by the manager of your bank.
  • Companies
    • A certified copy of the new Certificate of incorporation issued by the Registrar of Companies consequent upon change of name.
  • Consequent upon marriage/divorce of a female shareholder
    • -- A certified copy of Marriage Certificate/Divorce Decree.
    • -- New specimen signature duly attested by the Manager of your bank.
    • -- In case you hold the shares in demat form, you are advised to contact your Depository Participant in case of any change in your name. 


Change of Address

For change of address, you should send a written request signed by the share holder(s) quoting folio number. Kindly ensure that your signature appearing in such request matches with the specimen signature recorded with us.

In case you hold the shares in demat form, you are advised to inform your Depository Participant of any change In your address.


Incorporation/ Updation of Bank Mandate

You are advised to furnish the details regarding the bank's name, branch address and the account number, if not already given, to enable us to incorporate the same in your dividend warrant. This protects you from the risk of fraudulent Interception/ encashment of warrant.

In case of any change in your existing bank mandate, immediately intimate us about it in writing under your signature, quoting folio number, giving details of your new bank's name, branch address and the account number.

Please ensure that your signature appearing on such requests matches as with the specimen signature recorded with us.

In case you hold the shares in demat form, you are advised to inform your Depository Participant for any change in your bank mandate.


Dividend

The Company has paid a dividend @ 40% on equity shares for the financial year ended 31st March, 2006.

In case you have not received your dividend for the said year or for any of the previous financial year(s), please intimate us of the same,
quoting your folio number or Client ID and DP ID number, in case the shares are held in demat form.


key-strength