Depository services

The equity shares of the company are under compulsory demat trading by all investors. Shares are available for demat with both the depositories in India – National Securities Depository Ltd (NSDL) and Central Depository Services (India) Ltd (CDSL).

Considering the advantages of scripless trading, shareholders holding shares in physical form should consider dematerialisation of their holding. Shareholder(s) who want to hold shares in demat form should open a demat account with a depository participant (DP) registered with either NSDL or CDSL, and then surrender their share certificate(s) for dematerialisation to the company through the DP.

Steps involved in the dematerialisation of shares
  • Shareholder fills out a a dematerialisation request form (DRF) and surrenders the defaced share certificate(s) to the DP
  • The DP intimates the company of this request through the system
  • The DP submits the share certificate(s) and the DRF to the company
  • The company updates the register of members and then validates the request
  • The depository credits the DP's account
  • The DP updates the investor's demat account and informs investor

Should members require any further clarification about this facility, they can write to the Share Department of the company at the Registered Office of the Company

At present, no stamp duty has to be paid on transfer of shares in demat form.

Name and address of depository
National Securities Depository Ltd
Trade World, 4th Floor, Kamala Mills Compound
Senapati Bapat Marg, Lower Parel
Mumbai - 400 013
Tel: (022) 24972964 to 70
Fax: (022) 24972993 / 24976351
Central Depository Services (India) Ltd
Phiroze Jeejeebhoy Towers, 28th Floor, Dalal Street
Mumbai - 400 023
Tel: (022) 22723333 / 22723224
Fax: (022) 22723199

Dematerialisation of shares and liquidity
Around 98% of outstanding shares have been dematerialized. Trading in Hindalco Shares is permitted only in the dematerialized form 5th April, 1999 as per notification issued by Securities and Exchange Board of India.

Details on use of public funds obtained in 3 years
Not Applicable

Outstanding GDR/Warrants/Convertible Bonds
9,82,70,986 GDRs are outstanding as on 31st March, 2022. Each GDR represents one underlying equity share.

Investor correspondence:
The Company Secretary
Hindalco Industries Limited
Ahura Centre, 1st floor, B Wing
Mahakali Caves Road, Andheri (East)
Mumbai 400 093
Tel: (+91-22) 6691 7000
Fax: (+91-22) 6691 7001

Share transfer information

Registrar and transfer agents

The Company has In-House Investors Service Department registered with SEBI as Category II Share Transfer Agent vide Registration no. INR 000003910

Investors Service Department 
Hindalco Industries Limited
Ahura Centre, 1st floor, B Wing
Mahakali Caves Road
Andheri (East), Mumbai - 400 093.
Tel: (91-22) 6691 7000
Fax: (91-22) 6691 7001

Share transfer system

Share transfer in physical form are registered and returned within a period of 15 days of receipt, provided the documents are clear in all respects. Officers of the Company have been authorized to approve transfers up to 10,000 Shares in physical form under one transfer deed and one Director of the Company has been authorized to approve the transfers exceeding 10,000 shares under one transfer deed. As per directives issued by SEBI, it is compulsory to trade in the Company’s equity shares in dematerialized form.

The total number of shares transferred in the physical form during the year was 1,40,019.

Share transfer data

TRANSFER SUMMARY FROM 01-04-2021 TO 31-03-2022
Transfer period (in days) Number of Transfers Per cent No. of shares
From To
0 10 122 99.18 1,62,646
11 15 1 0.82 103
16 20 - - -
Total   123 100 1,62,749