Details of Nodal Officer of the Company

The details of the nodal officer appointed by the company under the provisions of Investor Education Protection Fund (IEPF) are as follows:

Name:
Ms. Komal Chaubal
Designation:
Company Secretary & Chief Legal Officer
Address:
Maharashtra Knowledge Corporation Ltd. (MKCL)
ICC Trade Towers, “A” Wing, 5th Floor, Senapati Bapat Road, Shivaji Nagar, Pune 411016, Maharashtra.
Contact no.:
020 40114515
Email id:
cs@mkcl.org

Dematerialization of Shares

The Ministry of Corporate Affairs, Government of India has issued notification dated September 10, 2018 and accordingly, with effect from October 02, 2018, as per Rule 9A(1) of the Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2018 (“the Rules”), ‘every unlisted public company shall -
(a) issue the securities only in dematerialized form; and
(b) facilitate dematerialization of all its existing securities
in accordance with provisions of the Depositories Act, 1996 and regulations made there under.’

Further, as per Rule 9A(3)(a) of the said Rules, ‘Every holder of securities of an unlisted public company, who intends to transfer such securities on or after 2nd October, 2018, shall get such securities dematerialized before the transfer’.

Therefore, MKCL has secured International Security Identification Number (ISIN) from National Securities Depository Limited (NSDL) and it is INE03KR01016. The ISIN has also been activated with Central Depository Services (India) Limited (CDSL).

As per the above Rules, any shareholder who is desirous of transferring shares of an unlisted public company, which are held in physical form, after October 02, 2018 can do so only after the shares are dematerialised. It be noted that the above Rules do not bar investors from holding shares in the physical form even after October 02, 2018. Further, the aforesaid Rules are not applicable for transfer of title of shares by way of inheritance or succession and interchanging of the order of name of shareholders.

Details of Registrar and Transfer Agent for Equity shares of MKCL

Head Office Alankit Assignments Limited
"Alankit Hosue", 4E/2, Jhandewalan Extension, New Delhi - 110055.
Tel.: 011-42541234 / 23541234
Fax: 011- 42541201
Website: https://www.alankit.com/
Regional Office - Mumbai Alankit Assignments Limited
R. R. House, Ideal Industrial Estate Opp. New Empire Mills, Senapati Bapat Marg, Lower Parel (West), Mumbai 400 013.
Tel.: 022-43481200 / 300 / 43481268 / 278
Fax: 022-40581266 / 267
Regional Office - Pune Alankit Assignments Limited
CTS-1328, 1st Floor, Vardhman Heights, 1st Floor, Near Telephone Exchange Office (above Tata Docomo office) Bajirao Road, Pune 411002.
Tel.: +91-20-6510 5041 - 42

Contact Address of MKCL

The Company Secretary
Maharashtra Knowledge Corporation Limited (MKCL)
ICC Trade Tower, ‘A’ Wing, 5th Floor, Senapati Bapat Road,
Shivajinagar, Pune 411016. Maharashtra. INDIA.

Tel.: +91-20-40114500/01
Fax: +91-20-25630302
Email: cs@mkcl.org; sachinn@mkcl.org

Frequently Asked Questions (FAQs)

  • A depository can be compared to a bank. A depository holds securities (like shares, debentures, bonds, Government Securities, units etc.) of investors in electronic form. Besides holding securities, a depository also provides services related to transactions in securities.
  • A depository is an organization where the securities of an investor are held in electronic form, at the request of the investor through the medium of a Depository Participant.
  • Central Depository Services (India) Limited (CDSL)
  • National Securities Depository Limited (NSDL)
According to the Ministry of Corporate Affairs (MCA), the major benefits of dematerialisation of securities which will now be available to unlisted Public companies include:
  1. Elimination of risks associated with physical certificates such as loss, theft, mutilation, fraud etc.
  2. Improving the corporate governance system by increasing transparency and preventing mal-practices such as benami shareholding, back dated issuance of shares, etc.
  3. Exemption from payment of stamp duty on transfer.
  4. Ease in transfer, pledge etc. of securities.
Dematerialisation is the process by which physical certificates of an investor are converted to an equivalent number of securities in electronic form and credited in the investor's account with its DP. In order to dematerialise certificates; an investor will have to first open an account with a DP and then request for the dematerialisation of certificates by filling up a dematerialisation request form [DRF], which is available with the DP and submitting the same along with the physical certificates. The investor has to ensure that before the certificates are handed over to the DP for demat, they are defaced by marking "Surrendered for Dematerialisation" on the face of the certificates.
Before defacing the share certificate, you must ensure that it is available for dematerialisation. You must therefore check with your Depository Participant (DP) whether the ISIN (code number for the security in a depository system) has been activated and made available for dematerialisation by the depository. If yes, then you may deface the share certificate. The certificates are defaced by marking "Surrendered for Dematerialisation" on the face of the certificate.
A depository interfaces with the investors through Depository Participants (DPs). If an investor wants to avail the services offered by the depository, the investor has to open an account with a DP. This is similar to opening an account with any branch of a bank in order to utilise the bank's services.
No. The depository has not prescribed any minimum balance. You can have zero balance in your account.
In order to dematerialise physical securities one has to fill in a DRF (Demat Request Form) which is available with the DP and submit the same along with physical certificates that are to be dematerialised to the DP.
No. The demat account must be opened in the same ownership pattern in which the securities are held in the physical form. e. g. if one share certificate is in your individual name and another certificate is jointly held in your and your wife's name, two different accounts would have to be opened.
In this case you may open only one account with husband and wife as the account holders and lodge the security certificates with different order of names for dematerialisation in the same account. You will fill-up an additional form called "Transposition cum Demat" form. This would help you to effect change in the order of names as well as dematerialise the securities.
Dematerialisation will normally take about 30 days.
When securities of a company are held in physical form by an investor, his/ her name is recorded in the books of the company as a ‘Registered Owner’ of the securities. When physical shares are converted into electronic form, the depository becomes ‘Registered owner” in the books of the company and investor’s name is removed from books of the company.
All the benefits of the dematerialized shares are given to the actual investors.
  • All the corporate benefits such as dividend, bonus shares, rights shares, etc. if and when decided to be offered by the Company will be issued to the actual investors who hold shares in electronic form.
  • The dividend amount if and when declared by the Company will be sent to bankers of actual investors directly.
  • The entitlements of rights and bonus shares, if and when decided to be issued by the Company, will be credited to the actual investors’ accounts as per Investors’ option and the terms of issue.
You may buy or sell Shares in electronic form through depository by coordinating with your DP.
  • MKCL is an unlisted Public Limited Company. The shares of MKCL are not listed on any stock exchange for trading.
  • Presently, the Company does not have any plans of making Public Issue through IPO.