Section A – Corporate Information
The Company was formed on March 30, 2011 and its registered office is situated at #53/1-4, Hosur Main Road, Madivala, Bengaluru-560068, Karnataka, India. Its Corporate Identification Number is L72900KA2011PLC057931 and below are the contact details:
| For Shares/Dividend related – RTA | For results/ management meetings | For escalation |
|---|---|---|
| Kfin Technologies Ltd [email protected] Ph: 1800 3094001 | Mr. Sunil Gujjar [email protected] Ph: +91 80 6196 0300 | Mr. Praveen Kumar Darshankar [email protected] Ph: +91 80 6196 0300 |
The promoter of the Company is Mr. Ashok Soota, whose detailed profile is at
https://www.happiestminds.com/about-us/leadership-teams/ashok-soota/. His shareholding in the Company
is 53.12%.
| Name of the Director | Category | Designation |
|---|---|---|
| Ms. Anita Ramachandran | Independent Director | Director |
| Mr. Ashok Soota | Promoter & Executive Director | Executive Chairman |
| Mr. Joseph Anantharaju | Executive Director | Executive Vice Chairman |
| Mr. Rajendra Kumar Srivastava | Independent Director | Director |
| Ms. Shuba Rao Mayya | Independent Director | Director |
| Mr. Venkatraman Narayanan | Executive Director | Managing Director & CFO |
You can find them all at https://www.happiestminds.com/investors/. You could as well select the report type and the period in the drop-down menu to filter the information you are looking for.
Section B – Equity Shares
The Company made its initial public offering of 42,290,091 Equity Shares of face value of ₹2 each for cash at an issue price of ₹166 per share, including a premium of ₹164 per share aggregating to ₹7,020.2 million, comprising of a fresh issue of 6,626,506 shares and an offer for sale of 8,414,223 shares by Mr. Ashok Soota, the Promoter and 27,249,362 shares by CMDB II, the Investor.
The offer was closed on September 9, 2020 and the shares were listed on September 16, 2020 at National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE”) and the trading commenced from September 17, 2020.
The scrip code at NSE is HAPPSTMNDS and at BSE is 543227.
The face value of the Equity Shares is ₹2/- each. ISIN Code is INE419U01012. Issued and listed capital of the Company is 146,863,556 Equity Shares of ₹2/- each.
| Date | Particulars |
|---|---|
| July 7, 2011 | Equity Shares of the Company of face value ₹10 was split into 5 Equity Shares of ₹2 each |
| October 31, 2011 | Bonus issue in the ratio of 162 Equity Shares for every one Equity Share |
Statutory Auditors – M/s. Deloitte Haskins & Sells Secretarial
Auditors- M/s. V Sreedharan& Associates
Internal Auditors – M/s KPMG Assurance and Consulting Services LLP
| Financial Year | Date | Time (IST) | Venue |
|---|---|---|---|
| 2019-2020 | August 6, 2020 | 5:00 p.m. | At Registered Office |
| 2020-2021 | July 7, 2021 | 4.00 p.m. | Online through Video Conference |
| 2021-2022 | June 30, 2022 | 4.00 p.m. | Online through Video Conference |
In order to demat your Equity Shares you need to first have the demat account. If you don’t have, please approach DP to open a demat account in the same order of name appearing in the share certificate. The share certificates can then be converted into electronic form by submitting the original to the DP along with a Dematerialization Request Form, which form will be provided by the DP. The DP after receipt of duly filled and executed form, will liaise with our RTA to get the shares credited to your demat account. The entire process will take about 2-4 weeks oftime from the date ofsubmission of said form.
Yes, the shares held in electronic form can be again held in physical form and the process is called rematerialization (remat) of shares. In order to remat your shares, you need to submit your request in Rematerialization Request Form to the DP (the format of which will be provided by the DP) who in turn liaises with the Company/RTA to get the share certificate issued to you. However, we don’t suggest this option as you will not be able to sell or transfer the shares in physical form.
Section C – Transfer/Transmission/Transposition of Equity Shares
No, you can’t. As per SEBI regulation, with effect from April 1, 2019, the listed companies cannot entertain request for transfer of shares in physical form. Companies can however entertain request for transmission or transposition of shares. The Shareholders holding shares in physical form are advised to dematerialize their shares at the earliest in order to ensure smooth transfer of shares if they propose to do so in future.
The legal heirs are required to obtain a Succession Certificate or Letter of Administration/ probate of a Will with respect to the shares. A true copy of the same, duly attested by the Court Officer or Notary, should be sent to the RTA along with a request letter, PAN card / address proof of all the claimants and original share certificates that needs to be transmitted in their names. Upon scrutiny of the documents so submitted,
shares will be transmitted in favour of the legal heirs and share certificates will be returned to them duly endorsed.
For the Equity Shares held in electronic form, please contact your DP.
Yes, you can transpose full or part of your holdings. You need to submit request letter to the RTA in prescribed form signed by all the holders as per the specimen signatures recorded with the Company/RTA along with original share certificates and self-attested copies of the PAN Cards of all the holders. Upon scrutiny of the documents so submitted, shares will be transposed, and fresh share certificates will be issued. For the Equity Shares held in electronic form, please contact your DP.
Section D – Dividend
| Date of declaration | Record Date | Dividend declared |
|---|---|---|
| July 7, 2021 (Final Dividend) | June 30, 2021 | ₹3/- per share (150%) |
| October 27, 2021 (Interim Dividend) | November 10, 2021 | ₹1.75/- per share (87.5%) |
| June 30, 2022 (Final Dividend) | June 24, 2022 | ₹2/- per share (100%) |
| October 20, 2022 (Interim Dividend) | November 15, 2022 | ₹2/- per share (100%) |
Generally, the net amount of dividend is credited electronically to the bank account of shareholders as
updated by them with the Company/RTA/DP, as the case may be. In the absence/incorrect bank account details, dividend warrant is printed and posted to the shareholders at their registered address. Shareholders are requested to ensure that the bank account and registered address details provided to Company/RTA/DP are correct and complete in all respects to avoid delay in payment of dividend.
Yes, you can claim the amounts due to you lying unpaid in the unclaimed dividend accounts of the Company upto a period of seven years from the date of payment. For claiming the said amount, you are required to submit the request letter duly signed by the first holder as per the specimen signature(s) recorded with the Company / RTA along with expired dividend warrant in original or indemnity bond in case the original warrant is lost.
As per the provisions of the Income Tax Act, tax will be deducted at source at the prescribed rates, if the amount due to you exceeds ₹5000 in a financial year (the current threshold limit).
In case you are not a tax-payer/not liable for deduction of tax at source, you could furnish a declaration in
Form 15G every financial year to the Company/RTA.
You can find detailed notes on deduction of tax at source on dividend at
https://www.happiestminds.com/investors/disclosures/HappiestMinds-Note-on-TDS.pdf
Shareholder can send an email to our RTA as per the contact details given under Question 1, furnishing the
particulars of the dividend not received, quoting his folio number or DP ID & Client ID (in case of shares held
in electronic form). RTA will check their records and request the dividend paying banker for a Demand Draft if
the dividend shows unpaid in the records of the Company.
Pursuant to the applicable provisions of the Companies Act, 2013, the dividend declared by the Company,
which is not claimed by the shareholders within 30 days from the date of the declaration, is required to be
transferred to the Unpaid Dividend Account and the details of the shareholders, whose dividend is
transferred, is required to be uploaded on the website of the Company. The dividend lying in this Unpaid
Dividend Account can be claimed by the shareholders by writing to the Registrar and Transfer Agent – M/s .
Kfin Technologies Ltd (mailing address in the Investor Contacts section) with details of folio number (in case
of physical holdings) or the DP ID/Client ID (in case of dematerialized holdings).
As per provisions of section 125(1) of the Companies Act, 2013 and the Rules made thereunder, the Company
is required to transfer unpaid dividend amount remaining unclaimed and unpaid for a period of 7 years from
the due date(s) to the Investor Education and Protection Fund (IEPF) set up by the Central Government.
The Company would send a communication to the concerned shareholders well in advance, advising them to
lodge their claim with respect to unclaimed dividend in the year in which the dividend is due for transfer to
IEPF. Shareholders are requested to note that they can claim dividend transferred to IEPF Authority by filing
Form IEPF – 5, which form can be downloaded from www.mca.gov.in.
Section E – Nomination
For the Equity Shares held in physical form, submit Nomination Form (in Form SH13 – annexed to this document) along with self-attested copy of PAN Card to our RTA, duly completed and signed by all the holders as per the specimen signature(s) recorded with the Company / RTA.
For the Equity Shares held in electronic form, please contact your DP.
For the Equity Shares held in physical form, submit Nomination Form (in Form SH14 – annexed to this document) along with self-attested copy of PAN Card to our RTA, duly completed and signed by all the holders as per the specimen signature(s) recorded with the Company / RTA.
For the Equity Shares held in electronic form, please contact your DP.
Upon the demise of a shareholder, the nominee is entitled to have the shares transmitted in his/her favour. He/she is required to submit a request letter to the RTA by filling form ISR-5 along with the original share certificate, attested/notarized copy of the death certificate of the deceased shareholder, PAN card and address proof of the nominee. Upon scrutiny of the documents submitted by the nominee, shares will be transmitted in his/her favour and share certificates will be returned to him/her duly endorsed.
For the Equity Shares held in electronic form, please contact your DP.
Section F – Miscellaneous
First lodge a complaint in your nearest Police station and then send an intimation letter to our RTA signed by the holders as per the specimen signatures recorded with the Company/ RTA intimating loss of certificates along with the acknowledged copy of the Police Complaint / FIR for advice on further course of action. The Police Complaint / FIR should state the name of the Company, your full name, address, folio no., certificate details that are missing.
RTA will provide you draft of documents to be executed for issuance of duplicate certificates.
The Company would obtain the details of beneficial owners from the Depositories (NSDL/CDSL) as on the
record date / book closure date and then distribute the corporate benefits like dividend/bonus shares, etc in
electronic form through Depositories.
The shareholders should ensure that their accounts are credited with purchases of shares before the record
date / book closure, as the case may be, to be entitled to all corporate benefits.
Green Initiative is an effort of the Government of India which aims at reducing paper consumption thereby contributing to a greener environment. Towards this end, the Ministry of Corporate Affairs vide its multiple Circulars commenced the “Green Initiative in Corporate Governance” thereby allowing Companies to issue Annual Reports and other documents to the shareholders in electronic mode. By being part of this initiative, every shareholder will get an opportunity to contribute to this noble cause for the benefit of our future generations.
You should ensure to update your active email ID with the DP and in case of shares held in physical form with
the Company/RTA and always opt for electronic mode to receive Annual Report and other documents.
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Have more questions?
Contact our Investor Relations
For queries on your shares:
Mr. Praveen Kumar Darshankar
Company Secretary and Compliance Officer
KFin Technologies Ltd.
Registrar and Share Transfer Agent
Selenium Tower B, Plot 31-32, Gachibowli,
Financial District, Nanakramguda, Hyderabad- 500 032
Nodal Officer Contact Details:
Mr. Praveen Kumar Darshankar
Company Secretary and Compliance Officer
For queries on Results/Management Meetings
Mr. Sunil Gujjar
Head of Investor Relations | Corporate Development
