CREATING
WEALTH FOR SHAREHOLDERS
Dwarikesh Sugar
Industries Limited endeavors to maximize the wealth of the
shareholders. Corporate governance is about ethical and
transparent business conduct primarily aimed at building
trust amongst shareholders, employees, customers, suppliers
and diverse stakeholders on four of its key elements -
transparency, fairness, disclosure and accountability. The
company has added value to the business year after year and
the shareholders wealth has risen over the years.
The company has in its own small way tried to reward the
shareholders by declaring dividend at reasonable rates. the
Company's operations have been profitable and since 1996-97,
it has been paying dividend continuously except in three
years 2006-07, 2007-08 and 2009-10. The Company has paid 60%
dividend in two continuous years 2004-2005 and 2005-2006. In
2006-07,, 2007-08 and 2009-10, the company had to face the
discomfiture of posting losses although the saving grace was
that no cash losses were incurred.
The company is very prompt and forthcoming regarding the
settlement of shareholders complaints, if any. No such
shareholders complaints are pending with the company. We
have a very well described policy on prevention of insider
trading which is followed strictly, without any compromise.
Further Read:
Code
of Business Conduct And Ethics
The company has entered into tripartite agreement along
with the Registrars and Share Transfer Agent of the Company
and with two depositories viz. National Securities
Depository Limited [NSDL] and Central Depository Services
(India) Ltd. [CDSL].
The Equity shares of the Company have been admitted for
dematerialisation by these depositories with the
International Securities Identification Number (ISIN) -
INE366A01017.
The Company has provided simultaneous transfer Cum demat
facility to it's investors. As on 30/09/2002, shares
comprising approximately 99.50% of the company's Equity
Share capital have been dematerialised. With effect from
24th July 2000 the trading in company's shares in the
dematerialised form has become compulsory.
Communication:
All share transfers should be forwarded to the Registrars
& Share Transfer Agent of the Company. All communication
should be forwarded to the Registrars. Share Transfer will
normally be registered and returned within 30 days from the
date of receipt of the correct document.
Registrars & Transfer Agent
Universal Capital Securities Pvt. Ltd.
21, Shakil Niwas
Mahakali Caves Road
Andheri (E), Mumbai 400 093.
Tel : 022 28207201/03/04/05,
fax : 022 28369704/28207207
email: info@unisec.in
