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19 Mar 2016 | |
Britannia Industries Ltd has informed BSE that the Company will be soon issuing notice to M/s Sharepro Services (India) Pvt. Ltd, Company's Registrar & Transfer Agent, (hereinafter referred to as "Sharepro") for termination of the Agreement with them. <BR>The Company had discovered certain irregularities at Sharepro w.r.t. the share related operations and dividend encashment activities.<BR><BR>After conducting preliminary internal investigations, the Company had filed a complaint with the Economic Offence Wing of the Mumbai Police against Sharepro and its employees for further investigation.<BR><BR>The Company is in the process of evaluating other Registrar & Transfer Agents for a smooth transition and will make necessary disclosures on any development in this regard.<BR><BR>This is without prejudice to the Company's rights to initiate appropriate civil and criminal proceedings against Sharepro and its employees. | |
View all announcements for BRITANNIA INDUSTRIES LTD. | Source: BSE India |