12.07.2015 Views

Investors FAQ - Aditya Birla Nuvo, Ltd

Investors FAQ - Aditya Birla Nuvo, Ltd

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The net amount due to you can be credited electronically to your bankaccount based on the ECS instructions submitted to ISC, Veraval forphysical holdings, and downloaded at ISC, Veraval by yourDepository Participant for electronic holdings.Please ensure that the bank account details provided is correct and completeto avoid delay in credit. How do I change or lodge fresh mandate instructions with thecompany?For securities held in physical form, please send us a covering letterspecifying your folio number, banker's name, address, account type andaccount number. The dividend/Interest amounts payable to you can be sentdirectly to your bank under intimation to you. In case you desire the warrantto be mailed to your registered address after incorporating the bank accountdetails on the warrant, you may specify this requirement. In your requestletter to be lodged with ISC, Veraval.For securities held in electronic form, please contact your depositoryparticipant.What are the features of the Electronic Clearing Facility (ECS)introduced by the Reserve Bank of India (RBI)?Reserve Bank of India has introduced the Electronic Clearing Service whichallows electronic credit of the dividend /interest amount to your bankaccount for the amount due to you.The salient features are: Instant credit - This Facility provides instant credit ofdividend/interest amount to your bank account electronically at noextra cost. ECS also eliminates the delay in postal transit andfraudulent encashment of warrants. Optional Scheme - This scheme is optional Coverage - ECS ispresently available in 15 major cities / centres administered by RBI.,25 centres administered by SBI , 13 centres administered byPunjab National Bank , 3 centres by Union Bank of India, 2centres by Bank of Baroda, and 1 centre each by State Bank of

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