Procedure for dematerialisation / rematerialisation of shares

The Securities & Exchange Board of India has made it compulsory for the shares of Nagarjuna Fertilizers and Chemicals Limited to be traded in electronic/ demat form since 2000.

In compliance with the SEBI notification, we have signed agreements with National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) during the year 2000 for dematerialisation of company shares. Our ISIN No. is INE580A01013.

Dematerialisation

Dematerialisation is the process by which a shareholder can get physical certificates converted into electronic shares maintained in their client account with the Depository Participant (DP). Securities held in the dematerialised form are in fungible form, i.e. they do not bear any distinguishing features.

Dematerialisation Process:

The shareholder has to open a dematerialisation account with a depository participant eg. Stock Holding Corporation of India Limited, and other scheduled banks, institutions etc.

The investor (registered shareholder) surrenders the share certificates for dematerialisation along with a duly filled and signed dematerialisation request form (DRF) to the Depository Participant (DP).

DP intimates CDSL / NSDL of the request electronically through the system.

DP submits the certificate(s) and the DRF to the registrar and share transfer agent(RTA) for dematerialisation.

The RTA verifies the details of the certificates, signature of the shareholder etc. with the register of Members.

If the details mentioned on the DRF, including the signature of the shareholder tallies with the records of the Company, then they will electronically confirm dematerialisation request received from NSDL/CDSL.

CDSL/NSDL updates client accounts with balances.

In case of any mismatch found, the physical documents are returned to the DP with a copy to the shareholder for rectification and the request for dematerialisation is rejected. The entire process of dematerialisation takes a maximum 15 days from the date of receipt of the physical documents at the Registrars.

Rematerialisation of Shares: REMATERIALISATION Rematerialisation is conversion of electronic holding back into the physical form and issue of fresh certificates by the RTA.

RematerialisationProcess:

Beneficial owner/shareholder submits a request to the DP for re-materialisation of its holdings in its account.

DP intimates NSDL/CDSL of the request electronically through the system.

NSDL/CDSL confirms re-materialisation request to the RTA.

RTA updates accounts and prints certificates.

NSDL/CDSL updates accounts and downloads details to DPs.

RTA dispatches certificates to investors.

NATIONAL SECURITIES DEPOSITORY LIMITED / CENTRAL DEPOSITORY SERVICES LIMITED

The elaborate procedure for dematerialisation / rematerialisationcan also be viewed at the websites of National Securities Depository Limited / Central Depository Services Limited.

National Securities Depository Limited - https://nsdl.co.in/joining/invest.php

Central Depository Services Limited -https://www.cdslindia.com/investors/open-demat.aspx

What is the procedure for applying for a Duplicate Certificate?

The Shareholder has to first and foremost inform the Company of the loss of Share Certificate and file an FIR with the Police Station of his area reporting the loss of shares.

A copy of the FIR duly attested in original has to be sent to the Company along with a letter, signed by the shareholder to enable us to send him the procedure for obtaining Duplicate Shares.

The Company requires the shareholder to execute an Indemnity Bond and Affidavit on Rs.100/- and Rs.10/- Non Judicial Stamp paper as per the attached formats. The Indemnity Bond and Affidavit should be signed by the shareholder and joint holders, if any and their signatures SHOULD tally with the one in the Application / Transfer Deed.

In case the market value of shares for which duplicates are being obtained is more than Rs.10,000/- on the date of the request, then the shareholder has to send us a DD @ Rs.50/- for each duplicate share certificate favouring Nagarjuna Fertilizers and Chemicals Limited and payable at Hyderabad.

Note: The above formats are for the information of the shareholders. Shareholders seeking to apply for duplicate share certificates should write to the company and seek confirmation of the status of their share certificates before taking action unilaterally.