SIFL investor relations FAQs

Investor Zone

SREI Investor Relations FAQs

1. When was Srei Infrastructure Finance Limited ('Srei' or 'the Company') incorporated?

Srei Infrastructure Finance Limited was incorporated as Shri Radha Krishna Export Industries Limited (a public limited company) under the Companies Act, 1956 in the State of New Delhi on 29th March, 1985.

The name of the Company was changed to Srei International Limited on 29.05.1992. Further, the name of the Company was changed to Srei International Finance Limited on 12.04.1994 and thereafter it was changed to Srei Infrastructure Finance Limited on 31.08.2004.

2. Where is the Registered Office of Srei located?

Registered Office

SREI Infrastructure Finance Limited

Vishwakarma 86C, Topsia Road, Kolkata,West Bengal, 700046

+91 33 6160 7734, +91 33 2285 7542 / 8501

corporate@srei.com

www.srei.com

3. Who are the Registrar and Share Transfer Agents (RTA) of Srei?

Registrar and Share Transfer Agents

Karvy Computershare Private Limited,
Karvy Selenium Tower B,
Plot 31-32, Gachibowli,
Financial District, Nanakramguda,
Hyderabad - 500 032

Tele: 040 - 67162222

Fax: 040 - 23420814

Toll Free: 1800-345-4001

einward.ris@karvy.com

Website: www.Karvycomputershare.com

4. What is the present paid - up capital of Srei?

The present Paid - up capital of the Company is 50,30,86,333 Equity shares of Rs. 10/- each aggregating to Rs. 5,03,08,63,330/-.

5. On which Stock Exchanges are the securities of Srei listed and what are the Codes?

The Equity shares and other securities of the Company are presently listed on the following Stock Exchanges:
a. The Calcutta Stock Exchange Limited (Scrip Code – 29051)
7, Lyons Range, Kolkata – 700 001
b. Bombay Stock Exchange Limited (Scrip Code – 523756) P. J. Towers, Dalal Street, Fort, Mumbai – 400 001
c. National Stock Exchange of India Limited (Scrip Code – SREINFRA) Exchange Plaza, C/1, Block G Bandra – Kurla Complex, Bandra (East), Mumbai – 400 051

The Global Depository Receipts (GDRs) issued by the Company are listed and admitted to trading on London Stock Exchange(Srei Code – SRI).

The Debt securities of the Company are listed on the Wholesale Debt Market (WDM) Segment of Bombay Stock Exchange Limited.

6. What is the status of Srei granted by the Regulatory Authorities in India?

Srei was initially registered with the Reserve Bank of India as a Non - Banking Financial Company (NBFC) on 01.08.1998. It was thereafter classified as Asset Finance Company – deposit taking NBFC. Further the status was converted into Asset Finance Company – non – deposit taking NBFC. Thereafter, the Company was classified as Infrastructure Finance Company.

Recently, the Company has been notified as a Public Financial Institution (PFI) on 26.09.2011 by the Ministry of Corporate Affairs (MCA) under Section 4A of the Companies Act, 1956.

7. Where can the financial results, corporate announcements and corporate policies of the Company be available?

The financial results, corporate announcements, corporate policies and other shareholders' related information are available on the Company's website www.srei.com, under the head 'Investor Relations'.

The Quarterly Results of the Company are disseminated to all shareholders whose e-mail addresses are registered with the Company / RTA. Furthermore, the Company initiates to send weekly updates to new shareholders whose e-mail addresses are registered with the Company / RTA.

To support the 'Green Initiative' in the Corporate Governance taken by the Ministry of Corporate Affairs, to contribute towards greener environment and to receive all documents, notices, including Annual Reports and other communications of the Company, investors should register their e-mail addresses with the Company / RTA, if shares are held in physical mode or with their DP, if the holding is in electronic mode.

8. What are the various modes of payment of Dividend?

Dividend is paid under three modes viz:

(a) National Electronic Clearing Services (NECS);

(b) Physical despatch of Dividend Warrants;

(c) Foreign Telegraphic Transfers (FTT);

(d) Foreign Demand Drafts (FDD); and

(e) Direct Transfers

9. What is payment of dividend through NECS Facility and how does it operate?

Dividend is paid under three modes viz:

National Electronic Clearing Service (NECS) facility is a centralised version of ECS facility. The NECS system takes advantage of the centralized accounting system in banks. Accordingly, the account of a bank that is submitting or receiving payment instructions is debited or credited centrally at Mumbai. The branches participating in NECS can, however, be located anywhere across the length and breadth of the country.

Investors holding shares in physical form may send their NECS Mandate Form, duly filled in, to the Company's RTA, Maheshwari Datamatics Private Limited. However, if shares are held in dematerialised form, NECS mandate has to be sent to the concerned DP directly, in the format prescribed by the DP. Investors must note that NECS essentially operates on the new and unique bank account number, allotted by banks post implementation of Core Banking Solutions (CBS) for centralized processing of inward instructions and efficiency in handling bulk transactions. In this regard, shareholders are requested to furnish the new bank account number allotted by the banks post implementation of CBS, along with a copy of cheque pertaining to the concerned account, to the RTA of the Company in case the shareholders hold shares in physical form and to the concerned DP in case the shareholders hold shares in demat form. In case the shareholders do not provide their new account number allotted after implementation of CBS, please note that NECS to the shareholders' old account may either be rejected or returned.

10. What were the rates of dividend declared by Srei in the last 5 years?

Srei is a consistent profit making, dividend paying Company. Over the last 5 years, the Company has paid the following dividend on the Equity shares:

Financial Year Dividend Per Share Rate of Dividend

2011-12 Re. 0.50 5%
2010-11 Re. 0.75 7.5%
2009-10 Rs. 1.20 12%
2008-09 Re. 1.00 10%
2007-08 Re. 1.20 12%

11. What should a shareholder do in case of non - receipt of dividend?

Shareholders may write to the Company / RTA, furnishing the particulars of the dividend not received, and quoting the folio number/DP ID and Client ID particulars (in case of dematerialised shares). On expiry of the validity period, if the dividend warrant is still shown as unpaid in the records of the Company, demand drafts shall be issued on request.No demand draft will be issued in respect of dividends which have remained unpaid/ unclaimed for a period of seven years in the unpaid dividend account of the Company as they are required to be transferred to the Investor Education and Protection Fund (IEPF) constituted by the Central Government.

12. What happens to a dividend if not claimed within 7 years?

Dividends not encashed or claimed, within seven years from the date of its transfer to the unpaid dividend account, will, in terms of the provisions of Section 205A of the Companies Act, 1956, be transferred to the Investor Education and Protection Fund (IEPF) established by the Government. In terms of the provisions of Section 205C of the Companies Act, 1956, no claim shall lie either against the Company or the IEPF after the said transfer.

13. What is the Stock Code of Srei for Depository Account?

The identification number (ISIN) for trading in Srei Equity shares in the Depository mode in both National Securities Depository Limited (NSDL) and Central Depository Securities (India) Limited (CDSL) is INE872A01014.

14. What is Dematerialization?

The process of converting securities (i.e. shares, bonds etc.) held in physical form into electronic form is known as dematerialization. Under this process, securities held by an investor in physical form are converted to an equal number of securities in electronic form and credited into the investor's demat account maintained by him with his Depository Participant (DP).

15. How can one open a Demat account?

The shareholder is required to approach a Depository Participant (DP) and apply in a prescribed application form for opening the Depository account.

16. How to dematerialize the share certificates?

Open a Beneficiary Account with a DP registered with SEBI and with any one of the Depositories i.e., NSDL or CDSL.

Submit the duly filled in Dematerialization Request Form (DRF) (in triplicate) signed by all the shareholders, to the DP along with share certificates and requisite documents. It should be ensured that the names and order of names as per certificates matches with the names and order of the names as per the DP account.

Obtain an acknowledgement from the DP.

On receipt of DRF as above, DP will generate a Dematerialization Request Number (DRN) and the said DRN is electronically transmitted to the Company/ Registrar and Transfer Agent (RTA) through the concerned Depository.

Simultaneously, DP will send the physical certificates with the original DRF to the Company / RTA for verification and confirmation.

The Company / RTA, on receipt of DRF and share certificates as above, will process the said request and if the DRF is found to be in order {viz. verification of signature and certificates}, will electronically confirm the said request.

The DP on receipt of such confirmation, will update the demat account of the investor.

NOTE: Therefore, under no circumstances should a shareholder submit the DRF and the share certificates directly to the Company / RTA.

17. Whether dematerialisation of shares is compulsory?

No. According to the Depositories Act, 1996, an investor has the option to hold shares either in physical or in dematerialised form. However, as per the Securities & Exchange Board of India (SEBI) Guidelines, trading at the stock exchanges shall be compulsorily in demat form.

18. What is the level of dematerialisation of shares as on date?

As on date 98.24% of the paid up capital of the Company is dematerialised.

19. What is the procedure to get change of address registered in the Company's records?

Shareholders holding shares in physical form, may send a request letter, duly signed by all the holders, giving the new address along with Pin Code, to the Company / RTA. Shareholders are also requested to quote their folio number and furnish proof such as attested copies of Ration Card/PAN Card/Passport/latest Electricity or Telephone Bill / Lease Agreement etc. If shares are held in dematerialised form, information about change in address needs to be sent to the DP concerned.

20. What is the procedure for registering change of name of shareholders?

Shareholders may request the Company / RTA for effecting change of name in the share certificates and records of the Company. Original share certificates along with the supporting documents like marriage certificate, court order, etc. should be enclosed. After verification, the change of name shall be effected and the share certificates in the new name of the shareholders shall be sent. Shareholders holding shares in demat form, may request the concerned DP in the format prescribed by DP.

21. What is the procedure to obtain duplicate share certificates?

Immediately on being aware of the loss/misplacement of the share certificates, the procedure as detailed hereunder should be followed:

Lodge a First Information Report (FIR) with the local police station;

Submit the application in writing to the Company / RTA, duly signed by all the shareholders, quoting the folio number, details of share certificates lost, along with a original/attested copy of the FIR.

Company / RTA on verification, will mark 'Stop Transfer' against the share certificates reported as lost/misplaced by the shareholder for a period of 15 days and shall provide the detailed procedure for issue of duplicate share certificates including the draft of the affidavit and indemnity to be executed by the shareholder.

22. What is the procedure followed for transfer of shares?

Share transfers in physical form can be lodged with the Company / RTA. All such requests for share transfers are processed and share certificates returned within a time period of 21 days from the date of receipt, subject to the documents being valid and complete in all respects.

23. What is the stamp duty on transfer of shares?

The stamp duty applicable on transfer of shares is 0.25% on the market value on the date of execution of the transfer deed or consideration value whichever is higher.

24. What is nomination facility and to whom is it useful?

Section 109A of the Companies Act, 1956 provides the facility of nomination to shareholders. This facility is mainly useful for individuals holding shares in sole name. In the case of joint holding of shares by individuals, nomination will be effective only in the event of death of all joint holders.

25. What is the procedure for appointing a nominee?

Investors, especially those who are holding shares in single name, are advised to avail of the nomination facility by submitting duly filled in Form 2B to the Company / RTA, available on the Company's website.

However, if shares are held in dematerialised form, nomination has to be registered with the concerned DP directly, as per the format prescribed by the DP.

26. If a person holding shares in physical form in his sole name dies intestate (i.e. without leaving a will) how can his legal heir(s) get the shares transmitted in his / their name(s)?

In case no person has been appointed as nominee by the deceased shareholder, the legal heir(s) is / are requested to submit the following documents along with the share certificates to the Company:

Request for transmission in writing duly signed by all the legal heirs ( transferees )

Certified true copy of the death certificate

Certified true copy of any one of the following:

(a) Will; or (b) Probate issued by a Court of competent jurisdiction; or

(c) Letter of Administration issued by a Court of competent jurisdiction; or

(d) Succession Certificate.

In case the transmission is requested not in favour of all the legal heirs, no objection from other legal heir(s) relinquishing their right on the said shares.

27. Is stamp duty payable on transmission of shares?

No.

28. Whom to contact with respect to investor's queries or requests?

All queries and requests can be addressed as per the following details:

For share transfer, transmission, nomination, dividend, change of name / address and other related matters. For non - receipt of Annual Report, non - receipt of declared dividend, etc. or any other matter.


Registrar and Share Transfer Agents



Karvy Computershare Private Limited,
Karvy Selenium Tower B,
Plot 31-32, Gachibowli,
Financial District, Nanakramguda,
Hyderabad - 500 032

Tele: 040 - 67162222

Fax: 040 - 23420814

Toll Free: 1800-345-4001

einward.ris@karvy.com

Website: www.Karvycomputershare.com