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Integrated report Statutory reportS FInancIal StatementS
Corporate Governance Report

(ii) For the convenience of members based in the following cities, documents and letters will also be accepted at the following
Branch Offices/agencies of TSR Darashaw Consultants Private Limited:
1. Bangalore 2. Kolkata 3. Ahmedabad
TSR Darashaw Consultants TSR Darashaw Consultants Agent of TSR Darashaw Consultants
Private Limited Private Limited Private Limited
st
503, Barton Centre, (5 Floor), Tata Centre, 1 Floor, Shah Consultancy Services Limited
th
84, Mahatma Gandhi Road, 43, J. L. Nehru Road, 3, Sumatinath Complex, 2 Dhal,
nd
Bangalore - 560 001. Kolkata - 700 071. Pritam Nagar, Ellisbridge,
Tel.: + 91 80 2532 0321 Tel.: + 91 33 2288 3087 Ahmedabad - 380 006.
Fax: + 91 80 2558 0019 Fax: + 91 33 2288 3062 Fax: + 91 79 2657 6038
Email: tsrdlbang@tsrdarashaw.com Email: tsrdlcal@tsrdarashaw.com Email: shahconsultancy8154@gmail.com
4. New Delhi 5. Jamshedpur
TSR Darashaw Consultants TSR Darashaw Consultants
Private Limited Private Limited
2/42, Ansari Road, ‘E’ Road,
1 Floor, Daryaganj, Sant Vihar, Northern Town, Bistupur,
st
New Delhi - 110 002. Jamshedpur - 831 001.
Tel.: + 91 11 2327 1805 Tel.: + 91 657 242 6616
Fax: + 91 11 2327 1802 Fax: + 91 657 242 6937
Email: tsrdldel@tsrdarashaw.com Email: tsrdljsr@tsrdarashaw.com

Share Transfer Process Secretarial Audit
Effective April 1, 2019, SEBI has amended Regulation 40 Pursuant to Regulation 40(9) of the Listing Regulations,
of the Listing Regulations, which deals with transfer or certificates have been issued, on a half-yearly basis, by a
transmission or transposition of securities. According to this Company Secretary in practice, certifying due compliance of
amendment, the requests for effecting the transfer of listed share transfer formalities by the Company.
securities shall not be processed unless the securities are A Company Secretary in practice carries out a quarterly
held in dematerialised form with a Depository.
Reconciliation of Share Capital Audit, to reconcile the total
This will, inter alia, bring the following benefits: admitted capital with National Securities Depository Limited
(‘NSDL’) and Central Depository Services (India) Limited
• It shall curb fraud and manipulation risk in physical (‘CDSL’) and the total issued and listed capital. The audit
transfer of securities by unscrupulous entities. confirms that the total issued/paid-up capital is in agreement
with the aggregate of the total number of shares in physical
• Transfer of securities only in demat form will lead form and the total number of shares in dematerialised form
to ease, convenience and safety of transactions for (held with NSDL and CDSL).
investors.
Mr. P. N. Parikh of M/s. Parikh & Associates, Practicing
The Company has stopped accepting any transfer requests Company Secretaries, has conducted a Secretarial Audit of
for securities held in physical form with effect from the said the Company for FY 2019-20. Their Audit Report confirms that
date. During the year, the Company accepted those transfer the Company has complied with the applicable provisions of
requests pertaining to securities held in physical form which the Act and the Rules made thereunder, its Memorandum
were lodged for transfer before April 1, 2019 and were and Articles of Association, Listing Regulations and the
returned due to discrepancies. applicable SEBI Regulations. The Secretarial Audit Report
forms part of the Board’s Report.
Transfers of equity shares in electronic form are effected Certificate from Practising Company Secretary
through the depositories with no involvement of the
Company. Mr. P. N. Parikh of M/s. Parikh & Associates, Practicing
Company Secretaries, has issued a certificate confirming that
In view of the aforesaid amendment and in order to eliminate none of the Directors on the Board of the Company has been
the risks associated with physical holding of shares, Members debarred or disqualified from being appointed or continuing
who are holding shares in physical form are hereby requested as Directors of companies by SEBI/MCA or any such statutory
to dematerialise their holdings. authority.

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