Clause 3 of the Listing Agreement for Equity Shares

Clause 3 of the Listing Agreement for Equity Shares is as under:

The Company agrees —

(a) to have on hand at all times a sufficient supply of certificates to meet the demands for transfer, sub-division, consolidation and renewal;

(b) to issue certificates or Pucca Receipts within one month of the date of the expiration of any Right to Renunciation;

(c) to issue certificates within fifteen days of the date of lodgment for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls/allotment monies or to issue within fifteen days of such lodgment for transfer Pucca Transfer Receipts in denominations corresponding to the market units of trading autographically signed by a responsible official of the Company and bearing an endorsement that the transfer has been duly approved by the Directors or that no such approval is necessary;

(d) to issue without charge Balance Certificates, within one month, if so required;

(e) to issue new certificates in replacement of those which are lost within six weeks of notification of loss and receipt of proper indemnity.

Post Last Updated On: 28th August 2015