ANNUAL REPORT 1999-2000
PEARL POLYMERS LIMITED
From the desk of the Chairman & Managing Director
I take this opportunity to address you on a one to one basis and wish you
all the very best for all our endeavours.
While going through the records of your Company recently, I have noticed
that a substantial number of dividend warrants in respect of dividend
declared for the year ended 31 st March, 1997 are still unencashed and
outstanding. As per he amended Section 205 A of the Companies Act, 1956.
dividends which remain unclaimed/unencashed over a period of 7 years have
to be transferred to the Investor Education & Protection Fund (IEPF),
constituted by the Central Government. Further, no claim shall lie for the
unclaimed dividend from IEPF by the shareholders.
In view of the above, I would request you to confirm the status of your
dividend warrant and in case the same is unpaid. kindly send a Letter of
Indemnity on a non-judicial stamp paper of Rs. 5/-, in the format given
hereunder, addressed to the Company Secretary, at the Registered Office of
the Company. so that a duplicate dividend warrant in lie of the unencashed
dividend warrant may be issued in your favour.
With Warm Regards,
CHAIRMAN & MANAGING DIRECTOR