FAQ

1. Listing

The Equity Shares of Hindustan Media Ventures are listed at:

  • Stock Exchange
  • : Security Code
  • National Stock Exchange of India Limited (NSE)
  • : HMVL
  • Bombay Stock Exchange Limited (BSE)
  • : 533217

2. What is Depository System?

Depository System provides for custody of shares in electronic (demat) form. The shares held under the Depository System are traded in electronic form.

Holders of demat shares enjoy rights i.e. dividend, voting rights etc. like any other shareholder holding shares in physical form.

In India, the Depository system is managed by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited. Hindustan Media Ventures Limited has entered into agreements with both NSDL & CDSL.

3. What are the advantages of holding shares in Depository System?

Depository System offers following advantages:

  • No chance of loss, theft or fraud of shares
  • Platform for Internet based trading
  • One demat account can hold shares of more than one company
  • Presently, no stamp duty payable by transferee on purchase of shares

4. What is dematerialization of shares?

Dematerialization is the process of converting shares in physical form into electronic form. The shares in electronic form are reflected in the account of the shareholder maintained by NSDL or CDSL.

5. What is re-materialization of shares?

Re-materialization is the process of converting shares in electronic form into physical form. After re-materialization, the shareholder is given the share certificate covering the shares, hitherto held by him in electronic form.

6. Who are the intermediaries of Depository System?

The major intermediaries of Depository System are:

  • Depository
  • Depository Participant (DP)
  • Beneficial Owner (BO)

7. What was the dividend paid by Hindustan Media Ventures Limited in FY 11-12?

The Board of Directors has paid dividend on the Equity Shares @ 12%, for FY 12.

8. What is Electronic Clearing Service (ECS) facility for dividend payment?

ECS facility provides for direct credit of dividend amount in the bank account of the shareholder.

Members are requested, in their own interest, to avail ECS facility in view of the following benefits:

  • No postal delays
  • No loss of dividend warrant
  • No chances of fraudulent encashment of dividend warrant

9. How to avail ECS facility?

  • Shareholders holding shares in physical form to send request to the R&TA giving details of bank account Click here for a specimen ECS Form.
  • Shareholders holding shares in demat form to send request to their DP giving details of bank account.

10. What is Investor Education and Protection Fund (IEPF)?

IEPF has been established by the Central Government pursuant to the requirements of the Companies Act, 1956.

Dividend remaining unpaid and unclaimed for a period of seven years from the date they became due for payment shall be credited to the IEPF. After the transfer, no claim upon such amount shall lie against the Fund or the Company.

Members, who have not encashed/received their Dividend for any one or more financial year(s), may write to the R&TA/Company for payment of such unpaid dividend.

11. How to get change in name recorded with the Company?

For shares held in demat form
Please follow the procedure advised by your DP.

For shares held in physical form
An application for noting change of name be made to the R&TA/Company accompanied by the relevant document(s) mentioned below:

  • In case of individual
    Due to marriage - certified copy of the Marriage Certificate.
    In any other case - certified copy of Gazette notification/newspaper notice
  • In case of Company
    certified copy of the fresh Certificate of Incorporation.

12. How to get change in address recorded with the Company?

For shares held in demat form
Please follow the procedure advised by your DP.

For shares held in physical form
Please send a request letter to the Company/R&TA giving the new address alongwith pin code. Click here for a specimen request letter.

13. How to get change in bank details recorded with the Company?

For shares held in demat form
Please follow the procedure advised by your DP.

For shares held in physical form
Please send a request letter to the Company/R&TA giving the new bank account number, bank name and full postal address of the bank alongwith pin code. Click here for a specimen request letter.