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NECS MANDATE FORM<br />
PLEASE FILL UP THIS FORM AND ARRANGE TO SEND IT TO:<br />
THE FOLLOWING ADDRESS IF THE<br />
SHARES ARE HELD IN PHYSICAL FORM<br />
Share Department,<br />
STANROSE MAFATLAL INVESTMENTS<br />
AND FINANCE LTD.<br />
Popular House, 6 th<br />
Floor,<br />
Ashram Road,<br />
Ahmedabad – 380 009.<br />
OR<br />
TO YOUR DP, IF THE SHARES ARE<br />
HELD IN DEMAT FORM<br />
I wish <strong>to</strong> avail of the National Electronic Clearing Service (NECS) facil<strong>it</strong>y <strong>to</strong>wards my dividend<br />
payment, etc. I furnish hereunder the required particulars of my Bank <strong>to</strong> which direct cred<strong>it</strong> is <strong>to</strong><br />
be given.<br />
A. First/Sole Holder’s Name :<br />
B. Folio No./DP ID & Client ID No. :<br />
C. Name of the Bank<br />
D. Name of the Branch :<br />
E. Bank Address :<br />
:<br />
F. Account Type w<strong>it</strong>h Code : 10 - S. B. 11 – CURRENT 13 – CASH CREDIT<br />
G. Account Number (10 dig<strong>it</strong> or more<br />
number only)<br />
H. 9 Dig<strong>it</strong> Code number of the bank &<br />
branch as appearing on the MICR<br />
cheque<br />
Please attach pho<strong>to</strong>copy of the<br />
cheque/cancelled cheque<br />
I. Telephone Number (w<strong>it</strong>h STD code)<br />
of shareholder<br />
J. Email ID of Shareholder<br />
:<br />
:<br />
:<br />
:
.. 2 ..<br />
I/we hereby declare that the particulars given above are correct <strong>and</strong> complete. I/we undertake <strong>to</strong><br />
in<strong>form</strong> subsequent changes in the above particulars before the relevant Book Closure Dates.<br />
I/we shall not hold the Company responsible if the NECS m<strong>and</strong>ate could not be implemented<br />
because of incomplete or incorrect in<strong>form</strong>ation or for reasons beyond the control of the<br />
Company.<br />
___________________________________<br />
Date: Signature of Sole/First shareholder
Dear Shareholder,<br />
STANROSE MAFATLAL INVESTMENTS AND FINANCE LTD.<br />
May 30, 2011<br />
Sub: Payment of Dividend through National Electronic Clearing Service (NECS).<br />
Secur<strong>it</strong>ies <strong>and</strong> Exchange Board of India (SEBI) has made <strong>it</strong> m<strong>and</strong>a<strong>to</strong>ry for all companies <strong>to</strong> use<br />
the Electronic Mode of Rem<strong>it</strong>tance for payment of dividends. You are aware that as per RBI’s<br />
Notification, rem<strong>it</strong>tance of money through Electronic Clearing Service (ECS) has been replaced<br />
by NECS w<strong>it</strong>h effect from 1 st<br />
Oc<strong>to</strong>ber, 2009.<br />
The advantages of NECS over ECS include faster cred<strong>it</strong> of rem<strong>it</strong>tance <strong>to</strong> beneficiary’s account,<br />
wider coverage w<strong>it</strong>h no lim<strong>it</strong>ations of locations in India besides ease-off operations for rem<strong>it</strong>ting<br />
agencies. NECS essentially operates on the new <strong>and</strong> unique Bank Account Number allotted by<br />
Banks, post implementation of Core Banking Solutions (CBS) for centralized processing of<br />
inward instructions <strong>and</strong> efficiency in h<strong>and</strong>ling bulk transactions.<br />
In <strong>this</strong> regard, you are requested <strong>to</strong> furnish your Bank details including the new Bank Account<br />
Number allotted by the Banks post implementation of CBS, in the NECS M<strong>and</strong>ate Form printed<br />
overleaf, alongw<strong>it</strong>h a blank cancelled cheque or a pho<strong>to</strong>copy of a cheque pertaining <strong>to</strong> the<br />
concerned account; <strong>to</strong> the Company at <strong>it</strong>s Registered Office in case you hold shares in physical<br />
or <strong>to</strong> the concerned Deposi<strong>to</strong>ry Participant (DP) in case you hold the shares in demat <strong>form</strong>.<br />
In case you do not furnish the new Account Number as aforesaid, cred<strong>it</strong> of dividend through<br />
NECS <strong>to</strong> your old Bank Account Number may be rejected or returned by the Banking System.<br />
However, in such cases the Company would issue physical Dividend Warrant/Dem<strong>and</strong> Draft <strong>to</strong><br />
the concerned shareholders post-such rejection.<br />
NECS M<strong>and</strong>ates received after 30 th<br />
August, 2011 will not be considered for current dividend.<br />
However, your <strong>up</strong>dated account in<strong>form</strong>ation will be used for future dividend payments, unless<br />
the same is amended or revoked by you. You can intimate the Company/Deposi<strong>to</strong>ry, as the case<br />
may be about the change in your account details in similar manner.<br />
Thanking you, we remain,<br />
Yours fa<strong>it</strong>hfully,<br />
For STANROSE MAFATLAL INVESTMENTS<br />
AND FINANCE LIMITED<br />
G. R. SHAH<br />
COMPANY SECRETARY