Page 95 - Index

Mission-Critical Decisions, Made with Confidence.
 Tax on dividend: The Finance Act, 2021 abolished
the Dividend Distribution Tax (DDT) and made
dividend income taxable in the hands of the recipient
shareholders, with effect from April 1, 2021. Crisil
has made the necessary changes in its dividend
payment process in coordination with internal and
external stakeholders, such as the Registrar and
Share Transfer Agent and bankers. The Company
regularly sends communication to its shareholders
before each dividend, requesting them to submit the
required documents for claiming beneficial tax rates,
if applicable.
 ECS/NECS: Crisil has extended the ECS/NECS facility
to shareholders to enable them to receive dividend
through the electronic mode in their bank account.
The Company encourages members to use this
facility, since ECS/NECS provides adequate protection
against fraudulent interception and encashment of
dividend warrants. It also eliminates loss/damage of
dividend warrants in transit and correspondence with
the Company on revalidation/issuance of duplicate
dividend warrants. Investors may obtain the ECS/
NECS mandate form from the FAQs link (https://www.
crisil.com/content/crisilcom/en/home/investors/
shareholder-services/faqs.html) in the Investors
section of the Company’s website, https://www.crisil.
com.
Unclaimed dividend: Dividend that is not encashed or
claimed within seven years from the date of its transfer
to the unpaid dividend account will, as per terms of
the provisions of Section 124(5) of the Companies Act,
2013, be transferred to the Investor Education and
Protection Fund (IEPF) established by the government.
In respect of the transfers made after coming into
effect of the IEPF Authority (Accounting, Audit, Transfer
and Refund) Rules, 2016, shareholders will be entitled
to claim the dividend transferred from the IEPF in
accordance with such procedure and on submission
of such documents as may be prescribed. The details
of unclaimed dividend as on December 31, 2024 and
the dates when the dividend will be transferred to the
IEPF are as follows:
SI.
No.
3. Unclaimed 2nd Interim Dividend 2018 6.00 600 July 17, 2018 August 16, 2025
4. Unclaimed 3rd Interim Dividend 2018 7.00 700 October 16, 2018 November 15, 2025
5. Final Dividend 2018 11.00 1100 April 17, 2019 May 17, 2026
6. Unclaimed 1st Interim Dividend 2019 6.00 600 April 17, 2019 May 17, 2026
7. Unclaimed 2nd Interim Dividend 2019 6.00 600 July 23, 2019 August 22, 2026
8. Unclaimed 3rd Interim Dividend 2019 7.00 700 November 08, 2019 December 08, 2026
9. Final Dividend 2019 13.00 1300 August 28, 2020 September 28, 2027
21. Final Dividend 2022 23.00 2300 April 18, 2023 May 18, 2030
Dividend name Dividend per
share (`)
% Date of declaration/
approval of dividend
10. Unclaimed 1st Interim Dividend 2020 11. Unclaimed 2nd Interim Dividend 2020 12. Unclaimed 3rd Interim Dividend 2020 14. Unclaimed 1st Interim Dividend 2021 15. Unclaimed 2nd Interim Dividend 2021 16. Unclaimed 3rd Interim Dividend 2021 17. Final & Special Dividend 2021 18. Unclaimed 1st Interim Dividend 2022 19. Unclaimed 2nd Interim Dividend 2022 20. Unclaimed 3rd Interim Dividend 2022 22. Unclaimed 1st Interim Dividend 2023 Due date for transfer
to IEPF*
1. Final Dividend 2017 10.00 1000 April 17, 2018 May 17, 2025
2. Unclaimed 1st Interim Dividend 2018 6.00 600 April 17, 2018 May 17, 2025
6.00 600 April 21, 2020 May 22, 2027
6.00 600 July 21, 2020 August 21, 2027
7.00 700 October 20, 2020 November 20, 2027
13. Final Dividend 2020 14.00 1400 April 20, 2021 May 20, 2028
7.00 700 April 20, 2021 May 20, 2028
8.00 800 July 20, 2021 August 19, 2028
9.00 900 November 10, 2021 December 08, 2028
22.00 2200 April 21, 2022 May 21, 2029
7.00 700 April 21, 2022 May 21, 2029
8.00 800 July 21, 2022 August 20, 2029
10.00 1000 October 21, 2022 November 20, 2029
7.00 700 April 18, 2023 May 18, 2030
23. Unclaimed 2nd Interim Dividend 2023 8.00 800 July 18, 2023 August 14, 2030
Annual Report 2024
93
Statutory Reports