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The Company provides the centralised Electronic Clearing Service (ECS) (Credit Clearing) facility of Reserve Bank of India (RBI) for distribution of cash benefits like dividends etc. Centralised ECS (Credit Clearing) is presently available at 15 designated centers of RBI, viz. Ahmedabad, Bangalore, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Kanpur, Kolkata, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram. Shareholders holding shares in physical form and stationed in any of these 15 designated locations only are requested to provide their ECS Mandate in the ECS Mandate Form click here for downloading the format, if required for availing this facility. Such of the shareholders who have exercised the option for using ECS facility earlier need not send the option again, unless there is any change in their mandate. Shareholders holding shares in electronic form, residing in the above designated centers of RBI, may please note that the Company will consider the 9-digit MICR Code along with Bank Particulars, as downloaded by their respective Depositories, for payment of cash benefits like dividends etc. through ECS. They need not send any ECS Mandate Form separately to the Company. They are requested to ensure from their respective DPs that the 9-digit MICR Code has also been updated along with their Bank Particulars against their Demat Account. |