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Dividend Payments for the last 10 years

Financial Year Dividend Date Rate
2004-05 28.7.05 130%
2003-04 23.7.04 100%
2002-03 24.7.03 80%
2001-02 12.6.02 40%
2000-01 20.7.01 50%
1999-00 23.5.00 40%
1998-99 30.7.99 40%
1997-98 24.7.98 40%
1996-97 01.8.97 45%
1995-96 26.7.96 45%
Note:

As per the provisions of the Companies Act, 1956,

  • All unclaimed /unpaid dividend amounts upto the financial year ended 31.3.95 have been transferred to the General Revenue Account of the Central Government.

  • All unclaimed/unpaid dividend amounts for the financial year ended 31.3. 97 have been transferred to Investor Education and Protection Fund (“the Fund”).

  • All unclaimed/unpaid dividend amounts for the financial year ended
    31.3.98 are due for transfer to the Fund in September 2005.

  • All dividend amounts for the subsequent financial years remaining unclaimed/unpaid for a period of 7 years from the date of transfer to the Unpaid Dividend Account of the Company, are required to be transferred to the Fund.

  • No claims will lie against the Company or the Fund in respect of the unclaimed amounts so transferred.

Last Bonus Issue of shares -
In FY 2004-05 in the ratio of 1:2 i.e. 1 bonus share for every two shares held.

Last Rights Issues of shares -
In FY 1992-93 in the ratio of 2:5 i.e. 2 rights shares for every 5 shares held @ Rs. 80/- per share.

Sub-division -
In August 1989, the Ordinary Shares of the Face Value of Rs.100/- each were sub-divided into Ordinary Shares of the Face Value of Rs. 10/- each.

Shareholders who have not exchanged the old share certificates for the new sub-divided share certificates may send the old certificates to Tata Share Registry Ltd.

Last Merger/ Amalgamation -
Tata SSL Ltd. (formerly known as Special Steels Ltd.) was amalgamated with the Company pursuant to an Order passed by the Hon’ble High Court, Bombay on 3rd April 2003. The shareholders of erstwhile Tata SSL Ltd. were allotted Ordinary Shares of the Company in the ratio of 1:5 i.e. 1 Ordinary Share of Rs.10/- each of Tata Steel Limited. for every 5 Equity Shares of Rs. 10/- each of Tata SSL Ltd., held by them.

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