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Important Notice for Shareholders holding shares in physical form

Sub: Mandatory Dematerialization of physical shares for transfer of securities

Pursuant to SEBI circular SEBI/LAD-NRO/GN/2018/24 dated 8th June, 2018, it has been mandated by SEBI that transfer of securities of a listed company would be carried out in dematerialized form only. Accordingly, Regulation 40 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been amended and stock exchanges vide their circulars have advised Listed Companies that w.e.f 5th December, 2018, shares shall be transferred in dematerialized form only. However, you can continue to hold shares in physical form which can be demated as per their convenience.

Accordingly, w.e.f. 5th December, 2018, transfer of shares in physical form shall not be considered. Shareholders holding shares of Morepen Laboratories Limited (“the Company”) in physical form are therefore requested to dematerialize their shares immediately. The demat of shares have various advantages like immediate transfer of shares, no stamp duty on transfer, immediate credit of dividend due to linkage of bank account, risks associated with physical certificates such as forged transfer, bad deliveries are avoided.

For dematerialization of shares, please note the following:

  • > You should be in possession of original share certificate of face value of Rs.2/- each of the Company (Please note that equity shares of the Company were sub-divided from face value of Rs.10/- each to face value of Rs.2/- each; hence share certificate of Rs.10/- are no longer valid). In case you are not in possession of original share certificate of face value of Rs.2/- each of the Company, please contact the Registrar & Transfer Agent of the Company at the address given below.

  • > You need to have demat account in the same name / order in which the name is appearing on physical share certificate. Any mismatch in name / order will lead to non- acceptance of demat request by Depository Participant (“DP”).

  • > You need to approach your Depository Participant (i.e where you are holding your demat account) and surrender the original share certificate of Rs. 2/- each along with Dematerialization Request Form (DRF) available with DP. At the time of surrendering shares for demat, please also submit PAN copy and AADHAR copy. The ISIN for demat of shares of the Company is INE083A01026.

  • > Thereafter, DP sends the share certificate along with other documents to Registrar & Transfer Agent which in turn checks all details and demat the shares.

In case you have any query or need any assistance in this regard, please contact:

Mas Services Limited
T-34, 2 nd Floor,
Okhla Industrial Area
Phase-II
New Delhi-110020
Phone: 011-26387281/82/83