Investor Relation / Shareholders Info / Corporate Benefits
Dividend payments for the last 5 years
Financial Year
Dividend Date
Rate
2007-2008
Recommended, subject to approval of the shareholders at the Annual General Meeting
100.00%
2006-2007
30. Jul. 2007
75.00%
2005-2006
2. Aug. 2006
55.00%
2004-2005
1. Aug. 2005
30.00%
2003-2004
30. Jul. 2004
15.00%
2002-2003
5. Aug. 2003
10.00%
Note :
All unclaimed / unpaid dividend amounts for and upto the financial year ended 31.12.1999 have been transferred to Investor Education and Protection Fund (“the Fund”).
All unclaimed / unpaid dividend amounts for and upto the financial year ended 31.03.2001 are due for transfer to the Fund in October, 2007.
All dividend amounts for the subsequent financial years remaining unclaimed / unpaid for a period of 7years from the date of transfer to the Unpaid Dividend Account of the Company, are required to be transferred to the Fund.
No claims will lie against the Company or the Fund in respect of the unclaimed amounts so transferred.
Sub Division :
In September, 2007 the Equity Shares of the Face Value of Rs. 5 /- each were sub – divided into Equity Shares of the Face Value of Re. 1 /- each.
In October, 2000 the Equity Shares of the Face Value of Rs. 10 /- each were sub – divided into Equity Shares of the Face Value of Rs. 5 /- each.
Merger / Amalgamation
Consequent upon amalgamation, shareholders who have not yet surrendered the share certificates of erstwhile Usha Alloys and Steels Limited or Usha Martin Industries Limited are requested to send the said certificates directly to the Company’s Secretarial Department to enable despatch of the exchanged Share Certificates of the Company to them.
