Originally Posted by Salida
I think the registrars of companies on NSE
should be more proactive especially for shareholders that are not always in the country. For Shareholders that were either not at the AGM or who did not get the annual reports (in hard copy), there was no way they could have exercised the option of getting the bonus units.There was a form in the Annual report for expressing one's intention of getting the bonus units and there was a deadline.The default option applies for anyone that has not subscribed for the bonus like Sir Horlads highlighted.
At least there are some registrars that send out these forms electronically ahead of time. Zenith Registrars did not do that.
Well, the registrars tried in this case....the form was in the national dailies...I was going to scan a copy and put up here but it slipped through the cracks...
when an earthworm begins to crawl like a millipede, it's time to run to the king's palace...naked! - horlads
A hen that leaves her chicks unguarded should not complain when the predatory hawk comes calling - horlads