FAQs

 

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What is Titan Company Limited’s (Titan) area of operation?

Titan Company Limited, a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), commenced its operations in 1984 under the name Titan Watches Limited. Titan Company is the fifth largest integrated own brand watch manufacturer in the world. Over the last three decades, Titan has expanded into underpenetrated markets and created lifestyle brands across different product categories. Titan is widely known for transforming the watch and jewellery industry in India, and for shaping India’s retail market by pioneering experiential retail.

When was Titan incorporated?

Titan was incorporated on 26th July 1984.

Where is the registered office of the company situated?

Titan Company Limited, No. 3, SIPCOT Industrial Complex, Hosur, 635 126

Where is the corporate office of the Titan located?

Titan Company Limited, “Integrity”, No. 193, Veerasandra, Electronics City P.O., Off Hosur Main Road, Bengaluru -560 100.

Who are the promoters of Titan?

Tamilnadu Industrial Development Corporation Limited and Tata Group.

Who are Titan’s directors?

The list of directors can be seen by clicking on this link.

Who are the Registrar and Share Transfer Agent of Titan Company Limited?

T S R Darashaw Ltd, 6-10, Haji Moosa Patrawala Industrial Estate, 20, Dr. E Moses Road, Mahalaxmi, Mumbai- 400 011, Maharashtra, India. Tel- 22 6656 8484 Fax-22 6656 8494.

What is the share capital of Titan Company Limited?

Authorised Capital is Rs. 160 crores divided into equity share of Re. 1 each and Preference shares of 10 each and Paid-up Capital is Rs 88.78 crores which comprises only of equity shares.

On which stock exchanges does Titan trade?

Titan’s shares are listed on Bombay Stock Exchange Limited (BSE) with security code 500114 and National Stock Exchange of India Limited (NSE).

What is Titan’s ISIN code?

Titan’s ISIN code is INE280A01028.

How do I buy Titan’s shares?

Titan is a listed entity and shares can be purchased in the open market in India through either a stock broker or any financial institution that provides brokerage services at the BSE or NSE.

What care should I take while buying or selling securities?

Purchase or sell securities only through authorized stock brokers duly registered with Securities and Exchange Board of India (SEBI). Ensure that you receive a Contract Note for all transactions. The broker's stamp with the SEBI registration/Code number should be affixed on the reverse of the transfer deed(s).

For securities held in electronic form, you need to contact your depository participant.

Can I avail nomination facility?

Yes. For securities held in physical form, you may nominate a person by completing Form SH 13 and registering the same with TSR Darashaw Limited (TSRDL).

For securities held in electronic form, you need to contact your depository participant.

What is the benefit of holding securities in joint names?

It is advisable to register securities in joint names in order to facilitate Succession.

If the holding is in joint name and either of the holders is deceased, what is the procedure for deletion of name?

For securities held in physical form, please submit the following:

  1. Legible copy of the death certificate of the deceased holder, duly attested by Notary Public/ Bank Manager/First Class Magistrate/Gazetted Officer. Attestation by Notary Public/First Class Magistrate/Gazetted Officer should mention their name, full address, registration number and affix their seal, Notarial/Court Fee stamps, as applicable. Attestation by Bank Manager should bear the name, full address and official stamp of the bank.
  2. Relevant certificates for the securities.
  3. Name Deletion form duly completed and signed by the surviving holder(s) as per the specimen signature(s) recorded with TSRDL. This form can be downloaded from the TSRDL website.
  4. Self attested copy of the PAN Card of the surviving holder(s).

For securities held in electronic form, please contact your depository participant.

I am the legal heir /executor in respect of the sole holder who is now deceased. How do I transmit the securities?

For securities held in physical form, please submit the following:-

  1. Legible copy of the death certificate(s) of the deceased holder(s), duly attested by Notary Public / Bank Manager / First Class Magistrate /Gazetted Officer.
  2. Legible copies of any one of the legal documents of the deceased holder viz. Probate of Will / Letters of Administration / Succession Certificate / Administrator General's Certificate along with the schedule disclosing the name of the Company, Folio No(s)., number of securities and their distinctive nos., duly attested by Notary Public / First Class Magistrate.
    NOTE:
    • For securities standing in joint names and where all the holders are deceased, legal documents as above for the last deceased holder is required to be submitted.
    • Attestation by Notary Public / First Class Magistrate / Gazetted Officer should mention their name, full address, registration number and affix their seal, Notarial / Court Fee stamps, as applicable. Attestation by Bank Manager should bear the name, full address and official stamp of the bank.
  3. Affidavit (Refer More Downloads for format) for identification of the legal heirs on Rs. 100/- Non-Judicial Paper or franked with equivalent amount or affixed with Special Adhesive stamps, duly attested by Notary Public / Magistrate.
  4. Relevant certificates for the securities to be transmitted.
  5. Transmission form duly completed and signed by the legal heir(s)/executor(s) whose signature(s) should be attested by his/their Bank Manager under his name, full address and official stamp of the Bank. This form can be downloaded from the TSRDL website.
  6. Self attested copy of the PAN Card of the legal heir(s)/executor(s)

For securities held in electronic form, please contact your depository participant.

Important points to note

Further to the SEBI Circular no. MRD/DoP/Cir-05/2009 dated 20th May, 2009, they have clarified vide their Circular no. SEBI/MRD/DoP/SE/RTA/Cir-03/2010 dated 7th January, 2010 that it shall be mandatory to furnish copies of PAN cards also in the following cases-

  • Deletion of name of the deceased shareholder(s), where the shares are held in the name of two or more shareholders.
  • Transmission of shares to the legal heir(s), where deceased shareholder was the sole holder of shares.

Please therefore attach self attested copies of PAN cards of ALL the survivors/ legal heirs/ executors alongwith the transmission form.

As per SEBI Circular (SEBI/HO/MIRSD3/CIR/P/2016/85 dated 15-09-16),all legal heirs who submit legal documents viz. Probate of Will / Letters of Administration / Succession Certificate etc. for registration and transmission of shares disclosed in the legal documents in their favour, will also have to execute an Affidavit for identification.

Can I interchange the order of names for my holdings?

Yes, you can. For securities held in physical form, please submit the following:

  1. Transposition form duly completed and signed by ALL the holders as per the specimen signatures recorded with TSRDL. This form can be downloaded from the TSRDL website.
  2. Relevant certificates for the securities.
  3. Self attested copies of the PAN Cards of all the holders.

In case you wish to interchange the order of the names for the purpose of dematerialising your securities, the form OA (available with your depository participant) may be duly completed in the desired order of names and submitted to them with the Dematerialisation Request Form and the certificates.

For securities held in electronic form, please contact your depository participant.

Important points to note

  • You can transpose full or part of the holdings.
  • Further to the SEBI Circular no. MRD/DoP/Cir-05/2009 dated 20th May, 2009, they have clarified vide their Circular no. SEBI/MRD/DoP/SE/RTA/Cir-03/2010 dated 7th January,2010 that it shall be mandatory to furnish copies of PAN cards also for Transposition of shares i.e. when there is a change in the order of names in which physical shares are held jointly in the names of two or more shareholders.

Please therefore attach self attested copies of PAN cards of ALL the holders alongwith the transposition form.

Over a period of time, my signature has changed what should I do to change my specimen signature in your records?

To register your new signature for securities held in physical form, an Affidavit to this effect is required to be executed. The draft of the Affidavit can be downloaded from the TSRDL website. Please follow the instructions detailed in the top portion of this draft. For securities held in electronic form, please contact your depository participant.

How do I record a change in my address?

For securities held in physical form, please submit the following:-

  • written request for change in address, duly signed by the first holder as per the specimen signature recorded with TSRDL.
  • Self-attested copy of proof of identity viz. valid Passport or PAN Card
  • Self-attested copy of proof of new address viz. valid Passport or Aadhaar Card or Election Identity Card or Electricity / Telephone (only land line) bill / Bank Account Statement / Passbook [which is not more than 3 months old].

Important points to note

The identity and address proof should be legible and in the name of the registered accountholder.

For securities held in electronic form, the change in address has to be registered with your depository participant.

I have an old dividend warrant which I forgot to encash and is now time-barred? Can I still obtain the amount due to me?

Yes, you can. In the event of transfer of shares and the unclaimed dividends to IEPF, members are entitled to claim the same from IEPF by submitting an online application in the prescribed Form IEPF-5 available on the website www. iepf.gov.in and sending a physical copy of the same duly signed to the Company along with the requisite documents enumerated in the Form IEPF- 5. Members can file only one consolidated claim in a financial year as per the IEPF Rules.

When is unclaimed dividend/ interest amount transferred to the Investor Education Protection Fund of the Central Government?

Pursuant to Sections 124 and 125 and other applicable provisions, if any, of the Companies Act, 2013 read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 (‘IEPF Rules’), all unclaimed / unpaid dividend, application money, debenture interest and interest on deposits as well as the principal amount of debentures and deposits, as applicable, remaining unclaimed / unpaid for a period of seven years from the date they became due for payment, were required to be transferred to the IEPF. No claim shall be entertained against the Company for the amounts so transferred.

As per Section 124(6) of the Act read with the IEPF Rules as amended, all the shares in respect of which dividend has remained unpaid/unclaimed for seven consecutive years or more are required to be transferred to an IEPF Demat Account.

In the event of transfer of shares and the unclaimed dividends to IEPF, members are entitled to claim the same from IEPF by submitting an online application in the prescribed Form IEPF-5 available on the website www. iepf.gov.in and sending a physical copy of the same duly signed to the Company along with the requisite documents enumerated in the Form IEPF- 5. Members can file only one consolidated claim in a financial year as per the IEPF Rules.

Disclaimer: These FAQs has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, and may differ from case to case.