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Overview

Kirloskar Pneumatic Company Limited believes in creating value and maximizing shareholders’ wealth by achieving excellence in every aspect of our business endeavors.

KPCL has consistently adopted cutting-edge manufacturing practices and pioneered into new business segments to assume leadership in our field. We have leveraged our expertise in specialized fields such as Gas Compression and have built the requisite resources to meet future challenges. As a preferred supplier for Refrigeration and AC Packages, KPCL has won many prestigious assignments and is trusted by customers for critical applications.

Contacts

Hadapsar

KIRLOSKAR PNEUMATIC CO LTD

A Kirloskar Group Company

Plot No.1, Hadapsar Industrial Estate,
Pune – 411013, State – Maharashtra, India

Phone: +91 (20) 2672 7000
Fax: +91 (20) 2687 0297

imd@kpcl.net

Name of the Nodal Officer:
Mr. Jitendra R. Shah, Company Secretary

shahjr@kpcl.net

Grievance Redressal & Contact Information:
Secretarial Department
Kirloskar Pneumatic Co. Ltd.,
Hadapsar Industrial Estate,

Phone: 020 – 26727032/31/19
Fax: 020 – 26870297/634

sec@kpcl.net

Registrar & Transfer Agent:
Link Intime India Private Limited Pune Office
Akshay Complex, No. 202, 2nd Floor,
Near Ganesh Temple,
Off Dhole Patil Road,
Pune 411 001

Phone: 020-26161629/ 0084
Fax: 020 -26163503

pune@linkintime.co.in

Listing and Depositories

Bombay Stock Exchange Limited

Phiroze Jeejeebhoy Towers
Dalal Street, Mumbai- 400001
Scrip Name: KIRLOSKAR PN
Scrip Code: 505283
Scrip ID: KIRLPNU

Phone: 91-22-22721233/4
Fax: +91-22-22721919

National Securities Depository Limited (Nsdl)

Trade World, A wing, 4th & 5th Floors, Kamala Mills Compound,
Lower Parel, Mumbai – 400 013.
ISIN No.: INE811A01020

Phone: +91-22-2499 4200 (60 lines)
Fax: +91-22-2497 6351

Central Depository Services (India) Limited (Cdsl)

Phiroze Jeejeebhoy Towers Dalal Street,
Mumbai- 400001
ISIN No.: INE811A01020

Phone: +91-22-22721233/4
Fax: +91-22-22721919

Share Pricing

Share Price
April 1, 2018 to October 31, 2018

Share Price
April 1, 2017 to March 31, 2018

Share Price
April 1, 2016 to March 31, 2017

Share Price
April 1, 2015 to March 31, 2016

Individual Investors Guide

The comprehensive guide given below contains all the necessary information for our existing and future shareholders.


Frequently Asked Questions

Change Of Address

  • If there is a change in my address, what is the procedure to get a new address recorded with the company?

    Kindly send a request letter signed by the shareholder (first named shareholder in case of joint-holders) providing the new address along with the pin code. Also, quote your folio number.

  • Can joint-holders request for a change of address?

    No. The letter of request will require the signature of all the shareholders.

  • Can there be multiple addresses for a single folio?

    No. There can be only one registered address for one folio.

  • If the shares are dematted, what is the procedure for change of address?

    Since your Depository Participant maintains the records of your dematted shares, you have to inform them about any change in your address. Your Depository Participant will then pass on this information when any action, like the dispatch of annual accounts or payment of dividend etc., is due to be taken by the company.

Duplicate Issue Of Shares

  • I have lost/misplaced my share certificates. What are the steps that I should take to obtain duplicate share certificates?

    Please inform our Investor Services Department immediately about the loss of share certificates. Kindly quote your folio number and details of share certificates, if available. We shall immediately mark a caution on your folio to prevent any further transfer of shares covered by the lost share certificates.
    Also, lodge a complaint to the police regarding loss of share certificates and comply with the following formalities:
    a. Furnish an acknowledged copy of the police complaint.
    b. Furnish an indemnity for loss of share certificates.
    c. Publish a notice in a newspaper on the lines of the draft notice of loss of share certificates and submit the paper cutting of the notice to the company. The notice should contain the details of registered shareholder(s), share certificate numbers and distinctive numbers of shares lost.
    Upon receipt of all the above documents, we shall proceed to issue duplicate share certificates to you.
    However, please note that if the lost share certificates and the valid transfer deeds are lodged with the company by a third party for transfer, the case will have to be dealt with on the basis of relevant facts and we shall advise the further course of action at that time.

  • I have lost my share certificate with transfer deeds duly executed by me. How should I proceed to obtain duplicate share certificates?

    Kindly follow the procedure described in the preceding answer.

  • What action should I take if I retrieve the original share certificate, which I had reported to be lost to the company?

    Please surrender the original share certificate to the Investor Services Department immediately if duplicate share certificates have been issued. However, if the original share certificates are found before you comply with the procedure for obtaining duplicate share certificates, please inform the Investor Service Department immediately so that we can remove the caution from your folio immediately.

Exchange Of Share Certificate

  • In respect to the shares held by the shareholders of erstwhile Kirloskar Pneumatic Co.Ltd.:

    According to the Scheme of Amalgamation in the year 2002, the members of erstwhile Kirloskar Pneumatic Co. Ltd. were allotted one equity share of Rs. 10/- each, fully paid up of K G Khosla Compressors Ltd for every four equity shares of Rs.10/- each, fully paid up held by them on the record date fixed by the company on 20th August, 2002. Company has already forwarded the new share certificates to the shareholders of erstwhile Kirloskar Pneumatic Co. Ltd. in October 2002 without asking them to surrender the old share certificates held by them. The shareholders are therefore requested to submit the new share certificates for transfer / demat purpose and cancel & destroy the old share certificates issued by erstwhile Kirloskar Pneumatic Co. Ltd prior to 25th September, 2002, as they are already been treated as cancelled.
    In respect of shares held by the shareholders of formerly K G Khosla Compressors Ltd.:
    Company has not issued any new share certificates to the shareholders of K G Khosla Compressors Ltd and has forwarded only self-adhesive stickers regarding the change in the name of the company i.e. from K G Khosla Compressors Ltd. to Kirloskar Pneumatic Co. Ltd. w.e.f. 4th June 2002. The above certificates are valid, hence the shareholders are requested to retain the share certificates and can send them for transfer/demat purpose.

Dematerilisation Rematerilisation

  • What is a Depository, Depository Participant and how does the Depository System operate?

    The operations in the Depository System involve the participation of a Depository, Depository Participants (DP), Company/Registrars and Investors. The company is also called Issuer.
    A Depository (NSDL and CDSL) is an organization like a Central Bank, i.e. Reserve Bank where the securities of an investor are held in the electronic form through Depository participants.
    A Depository Participant (DP) is the agent of the Depository and is the medium through which shares are held in the electronic form. They are also the representatives of the investor, providing the link between the investor and the company through the Depository.
    To draw an analogy, the Depository system functions like a banking system. A bank holds funds in accounts whereas a Depository holds securities in accounts for its clients. A bank transfers funds between accounts while a Depository transfers securities between accounts.
    In both systems, the transfer of funds or securities occurs without the actual handling of funds or securities. Both, the bank and the Depository, are accountable for the safekeeping of funds and securities respectively. The company signs an agreement with NSDL/CDSL (the depositories) and installs the necessary hardware/software for operations.

  • How do I demat my shares?

    First, open an account with a Depository Participant (DP) and obtain a unique Client ID number. Thereafter, kindly fill up a Dematerialisation Request Form (DRF) provided by the DP and surrender the physical shares intended to be dematted to the DP.
    Upon receipt of the shares and the DRF, the DP will send an electronic request through the Depository to the company for confirmation of demats. Each request will bear a unique transaction number.
    Simultaneously, the DP will surrender the DRF and the shares to the company with a covering letter requesting the company to confirm the demat. After verifying the documents received from the DP, the company will confirm the demat to the Depository.
    This confirmation will be passed on from the Depository to the DP, which holds your account. After receiving this confirmation from the Depository, the DP will credit the account with the dematerialised shares. The DP will then hold the shares in the dematerialised form on your behalf and you become the beneficial owner of these dematerialised shares.

  • Once my shares are dematted, can I ever get them converted into physical shares?

    If you hold shares in the electronic form, you have the option of converting your holding to the physical form by submitting a Rematerialisation Request Form (RRF) through your DP. The procedure is similar to that of Dematerialisation. Upon receiving such a request from your DP, the company will issue share certificates for the number of rematerialised shares.

  • What are the charges to be paid to demat one's physical shares? Will it be paid by the company or do I have to pay for it?

    The charges for demat have to be borne by the shareholder. The charges differ from DP to DP and therefore you will have to contact your DP for details regarding the same.

  • I have purchased some shares in paper form. Can I directly give the share certificates to my Depository Participant for dematting them in my favour?

    Shares should be registered in your favour before they can be dematted. For this purpose, you need to lodge the share certificates and a duly executed transfer deed with the company. Once the share transfer is processed, you can submit these shares for demat through your DP.

  • Is it a fact that KPCL shares are to be traded compulsorily in Demat Form? Do I have the option of holding them in physical form?

    Yes. The shares of KPCL are traded in demat form. However, you can still buy upto 500 shares in the physical form (through odd lot window facilities provided by Stock Exchanges) and send the same for transfer to the Company. You may indicate your desire to return the shares in the physical form while lodging the same for a transfer with us. After the transfer is registered in your favour, we shall return the share certificates to you in the physical form.

  • How do I get my dividends on dematted shares? Will I get the Annual Report after I demat my shares? Will I be able to attend the AGM?

    On the Record date, the Depository Participants will provide a list of demat account holders indicating the number of shares they hold in the electronic form to the company (known as Benpos). Based on Benpos, the company will issue dividend warrants in favour of the demat account holders.
    The dividend of shareholders holding shares in the dematerialised form will be credited through ECS to the bank accounts as opted by them while opening the Beneficiary Accounts with the DP. In other cases, dividend warrants will be despatched to them with the bank account details, as furnished by the Depositories, printed thereon.
    The rights of the shareholders holding shares in demat form are on par with holders in the physical form. Hence, you will be eligible to procure the Annual Report and can rightfully attend the AGM as a shareholder.

  • Once my shares are dematted, can I ever get them converted into physical shares?

    A. If you hold shares in the electronic form, you have the option of converting your holding to the physical form by submitting a Rematerialisation Request Form (RRF) through your DP. The procedure is similar to that of Dematerialisation. Upon receiving such a request from your DP, the company will issue share certificates for the number of rematerialised shares.

  • What are the charges to be paid to demat one's physical shares? Will it be paid by the company or do I have to pay for it?

    The charges for demat have to be borne by the shareholder. The charges differ from DP to DP and therefore you will have to contact your DP for details regarding the same.

  • I have purchased some shares in paper form. Can I directly give the share certificates to my Depository Participant for dematting them in my favour?

    Shares should be registered in your favour before they can be dematted. For this purpose, you need to lodge the share certificates and a duly executed transfer deed with the company. Once the share transfer is processed, you can submit these shares for demat through your DP.

  • Is it a fact that KPCL shares are to be traded compulsorily in Demat Form? Do I have the option of holding them in physical form?

    Yes. The shares of KPCL are traded in demat form. However, you can still buy up to 500 shares in the physical form (through odd lot window facilities provided by Stock Exchanges) and send the same for transfer to the Company. You may indicate your desire to return the shares in the physical form while lodging the same for a transfer with us. After the transfer is registered in your favour, we shall return the share certificates to you in the physical form.

  • How do I get my dividends on dematted shares? Will I get the Annual Report after I demat my shares? Will I be able to attend the AGM?

    On the Record date, the Depository Participants will provide a list of demat account holders indicating the number of shares they hold in the electronic form to the company (known as Benpos). Based on Benpos, the company will issue dividend warrants in favour of the demat account holders.
    The dividend of shareholders holding shares in the dematerialised form will be credited through ECS to the bank accounts as opted by them while opening the Beneficiary Accounts with the DP. In other cases, dividend warrants will be dispatched to them with the bank account details, as furnished by the Depositories, printed thereon.
    The rights of the shareholders holding shares in demat form are on par with holders in the physical form. Hence, you will be eligible to procure the Annual Report and can rightfully attend the AGM as a shareholder.

  • What are the chances of any fraud/disputes in using a demat account? Whom should I approach in such cases?

    Common risk factors applicable to trading in physical shares like mismatch in signatures, loss in postal transit, etc., are absent since dematted shares are traded scrip less.
    However, in the unlikely event of any dispute, the concerned Stock Exchange and/or Depository Custodian viz. NSDL/CSDL or SEBI would have to be approached for resolving such issues.

  • Can I pledge my shares in demat form to avail any funding/loan arrangement with my bankers?

    Yes. Dematerialised shares can be pledged for availing any funding/loan arrangement with a bank. You will have to contact your DP for this purpose.

  • Can securities allotted to Investor in public issue be directly obtained in an electronic form?

    Yes. In the public issue application form, there will be a provision for an investor to indicate how he wants the securities to be allotted. However, the investor will have to mention his client account number and the name of the depository participant. This will enable the issuer company to credit the securities allotted directly to such investor’s demat account. Nowadays all the public issues are made in demat form.

  • How will an investor get the corporate benefits arising out of his holdings, like a bonus/rights or a dividend?

    On the declaration of any corporate benefit viz. rights or bonus or dividend for a particular security, the depository will give all the details of the clients having electronic holdings of that security as of record date/book closure to the registrar. The registrar will then calculate the corporate benefits due to all the shareholders. The disbursement of cash benefits such as dividend/interest will be done by the registrar whereas the distribution of securities entitlements will be done by the depository based on the information provided by the registrar.
    In case of discrepancies in corporate benefits, the investor can approach respective depository participant who in turn will contact the registrar for clarifications regarding allotment of securities or otherwise.

Transfer Of Shares

  • I have purchased KPCL shares. How do I get them registered? How long will it take?

    You will have to send the share certificates along with the Share Transfer Deed (available with Stock Exchange / Share Brokers) duly filled in, executed and affixed with share transfer stamps at 0.25% of the market value on the date of execution of the transfer deed.
    The shares, along with the Share Transfer Deed will have to be sent to

    Normally, it takes 21 days to process the transfer. Once the shares are registered in your name, the share certificates will be dispatched to you. This is in accordance with the SEBI guidelines.

  • I would like to gift some shares to my children/relatives. How do I get them registered in their names? Does this involve stamp duty?

    The procedure of registering gifted shares is the same as the procedure for a normal transfer. The stamp duty is also applicable to gifted shares, and the duty is at 0.25% of the market value prevailing on the date of execution of the transfer deed by the transferee.

  • Where should I send the shares for transfer? Can I hand them over at your Branch Office?

    Registration of Share Transfer is carried out only at

    You will have to lodge the shares, either by personal delivery or through post / reputed courier. Our Branch Offices do not handle share transfer processing, so kindly do not hand over your shares at Branch offices or other offices of our company. Alternatively, you may lodge shares with our Secretarial Department at Kirloskar Pneumatic Company Limited, Hadapsar Industrial Estate, Pune 411 013.

  • What is the stamp duty on shares? Where do I get these stamps?

    The stamp duty applicable on share transfer is at 0.25% of the market value on the date of execution of the transfer deed. Share Transfer Stamps can be obtained from the authorised stamp vendors. Your share broker can also help you in this regard.

  • I want to add another joint-holder name to my shareholding. What is the procedure that I should follow?

    To add a joint-holder name to your shareholding, please execute a stamped transfer deed and submit the same to the Registrar or the Secretarial Department of the company along with the original share certificate for transfer. Please note that such additions amount to a change in ownership of shares and the transfer procedure has to be followed.

  • I have purchased KPCL shares long back but forgot to get them transferred in my favour. What is the procedure that I should follow now?

    A transfer deed is valid for a period of one year from the presentation date indicated on the stamp affixed by the Registrar of Companies on the upper portion of the deed or the closure date of Register of Members immediately after the presentation date, whichever is later. Please check whether your transfer deed is still valid. If so, submit the transfer deed duly executed and stamped along with share certificates to our Investor Services Department for transfer in your favour.
    If the validity period of the transfer deed has expired, please approach the Registrar of Companies to extend the validity of the transfer deed. Alternatively, you may approach the registered holder/seller whose signature appears on the transfer deed as the seller to execute fresh transfer deeds. You may submit the fresh/revalidated transfer deed to the Investor Services Department for transfer, thereafter.

Transmission Of Shares

  • For joint holdings, in the event of the death of one shareholder, how do the surviving shareholders get the shares in their names?

    The surviving shareholders are required to submit a request letter supported by an attested copy of the Death Certificate of the deceased shareholder and the relevant share certificates.
    The company, on receipt of the said documents, will delete the name of deceased shareholder from its records and return the share certificates to the applicant/registered holder with the necessary endorsement.

  • If a shareholder who held shares in his sole name dies without leaving a will, how can his legal heir/s (either husband/wife/son/daughter, etc.) get the shares transmitted in their names?

    The legal heirs are required to obtain a Succession Certificate or Letter of Administration concerning the shares. A true copy of the same, duly attested by the Court Officer or Notary, should be sent to the company along with a request letter, transmission form, and all original share certificates for transmission in their favour.

  • If the deceased family member who held shares in his/her own name (single) leaves a will, how do the legal heir/s get the shares transmitted in their names?

    The legal heirs are required to get the will probated by the High Court/District Court of competent jurisdiction and then send us a copy of the probated copy of the will. This should be accompanied by a relevant schedule/annexure setting out the details of the shares, the relevant share certificates in original and the transmission form for transmission.

  • A and B had shares in KPCL. Both of them died. How do I get the shares transmitted in my name?

    To get the shares transmitted in your name, kindly obtain a Succession Certificate/Letter of Administration of the last deceased joint holder in your favour, and follow the procedure for transmission of shares.

  • I have already produced the attested/registered will. Since getting it probated would take a long time and money, is it possible to avoid that procedure?

    In order to ascertain that the will in question is the last will made by the deceased, it is important that the same is authenticated/probated by the Court. This is to protect the interest of the investors at large and to obviate any future claims/disputes on the same.

  • The name of a joint holder was included only for convenience by the first holder. I am the only heir. Could you transfer the shares in my name as per the will/probate?

    As per law, the joint holder is deemed to be having indivisible ownership of the joint property and the company cannot ascertain as to how or why the name was included. As per the Articles of Association of the company, the surviving joint holders are the only persons recognised as having title to the shares.

Nomination Of Shares

  • How do I make a nomination with regard to my shareholding?

    To make a nomination, please submit a duly filled in and signed nomination form in duplicate. If you hold shares along with other holders, then all holders are required to sign the nomination form.
    After the company receives the form and finds it in order, a registration number will be allotted to the nomination. A duplicate copy of the nomination form submitted by you will then be returned to you with an endorsement indicating the registration number and date.
    Nomination can be made only in respect of shares held in the physical form. In the case of dematted shares, your nomination has to be recorded with your Depository Participant.
    Only one nomination can be made for each folio. Folios that have a different order or combination of names of shareholders require separate nominations.

  • Do I have to send my share certificates along with the nomination form?

    No.

  • My shares are held in joint names. Are the joint holders nominees to the shares?

    Joint holders are not nominees. They are joint holders of the relevant shares and possess joint rights on the same. In the event of the death of any one of the joint holders, the surviving joint holder/s of the shares is/are the only person/persons recognised by the company as the holders of the shares.

  • Can a nomination once made be changed?

    A nomination once made can be revoked by submitting a fresh nomination. If the nomination is made by joint holders, and one of the joint-holders dies, the surviving joint holder/s can make a fresh nomination by revoking the existing nomination.

  • What is the legal position of the nominee in case of death of the shareholders?

    Upon the death of a shareholder, the nominee, to the exclusion of any other legal heir/beneficiary, is the only person in whom the shares vest. In other words, in case of a valid nomination, the company will not entertain any claim from legal heirs or beneficiaries and the shares will be transmitted only in favour of the Nominee.
    In case the nomination is made by joint-holders, it will come into play only upon the death of all the joint holders. Therefore if one of the joint shareholders dies, the shares will devolve on the surviving shareholders to the exclusion of the nominee. In this case, the surviving shareholders may make a fresh nomination if they so desire.

  • What is the procedure for the nominee to get the shares in his name?

    Upon the death of a shareholder, the nominee is entitled to have the shares transmitted in his favour. He/she is required to submit a notice in writing to this effect along with the share certificate(s) of the deceased shareholders. Alternatively, the nominee can transfer the shares held by the deceased shareholder to a third party.
    If a nominee opts for registration of shares in his name, he is required to produce proof of identity, e.g. copy of passport, driving license, voter's identity card or such other proof to the satisfaction of the company. The nominee should also submit a duly attested specimen signature along with a request for transfer.
    Upon scrutiny of the documents submitted by the nominee, shares will be transmitted in his favour and share certificates will be returned to him duly endorsed.

  • Can the nominee sell the shares without registration in his favour? What is the procedure?

    Yes, a nominee can sell the shares to a third party, without registration of shares in his favour. However, the usual procedure for transfer of shares will have to be followed.

  • I have shares in the demat form. Can I send the nomination form to the company for making a nomination with respect to my shareholding?

    For making a nomination concerning dematted shares, you will have to approach your DP. In the account opening form provided by the Depository Participants, there is a provision for providing the name of the nominee. Please consult your Depository Participant for further details.

  • Who can appoint a nominee and who can be appointed as a nominee?

    Individual shareholders holding the shares/debentures in a single name or joint names can appoint a nominee. While an individual can be appointed as a nominee, a trust, society, body corporate, partnership firm, karta of HUF or a power of attorney holder will not be the nominee(s). Minors can, however, be appointed as a nominee.

  • How to avail of nomination facility for more than one folio?

    There can be only one nomination for one folio. Folios having different order or combination of names of shareholders will require separate nominations.

  • What rights are conferred on the nominee and how can he exercise the same?

    The nominee is entitled to all the rights of the deceased shareholder to the exclusion of all other people. In the event of the death of the shareholder, all the rights of the shareholder shall vest in the nominee. The nominee is required to apply to the Company by reporting the death of the nominator along with the death certificate.
    The nominee has an option to decide to register himself as a shareholder or he could send an application to have the shares transferred to any other person to whom the nominator could have otherwise transferred the shares. If the nominee opts to transfer the shares to a third party, he should submit it to the Company’s.
    R&TA the transfer deed(s) duly stamped and executed accompanied by the relevant certificate(s) and other documentary proof(s).
    If shares are held in dematerialized form, the nomination has to be registered with the concerned DP directly, as per the format prescribed by the DP.

  • Can an NRI nominate?

    Yes, NRI can nominate directly. But the power of attorney holder cannot nominate on behalf of NRI.

  • Can an NRI be a nominee?

    Yes. NRI can be a nominee subject to the exchange control regulations in force from time to time.

Nomination Form