ICICI Bank 2013 Annual Report Download - page 35

Annual Report 2012-2013 33
Share Transfer System
ICICI Bank’s investor services are handled by 3i Infotech Limited (3i Infotech). 3i Infotech is a SEBI
registered Category I – Registrar to an Issue & Share Transfer (R&T) Agent. 3i Infotech is a global
information technology company providing technology solutions and in addition to R&T services provides
software products, managed IT Services, application software development & maintenance, payment
solutions, business intelligence, document imaging & digitisation, IT consulting and various transaction
processing services. 3i Infotech’s quality certifications include SEI CMMI Level 5 for software business,
ISO 9001:2000 for BPO (including R&T) and ISO 27001:2005 for infrastructure services.
ICICI Bank’s equity shares are traded mainly in dematerialised form. During the year, 415,842 equity
shares involving 4,780 certificates were dematerialised. At March 31, 2013, 99.34% of paid-up equity
share capital (including equity shares represented by ADS constituting 29.18% of the paid-up equity
share capital) are held in dematerialised form.
Physical share transfer requests are processed and the share certificates are returned normally within
a period of seven days from the date of receipt, if the documents are correct, valid and complete in all
respects.
The number of equity shares of ICICI Bank transferred during the last three years (excluding electronic
transfer of shares in dematerialised form) is given below:
Fiscal 2011 Fiscal 2012 Fiscal 2013
Number of transfer deeds 2,429 1,392 1,144
Number of shares transferred 368,234 86,423 89,962
As required under Clause 47(c) of the listing agreements entered into by ICICI Bank with stock exchanges,
a certificate is obtained every six months from a practising Company Secretary that all transfers have
been completed within the stipulated time. The certificates are forwarded to BSE and NSE.
In terms of SEBI’s circular no. D&CC/FITTC/CIR-16 dated December 31, 2002, as amended vide circular
no. CIR/MRD/DP/30/2010 dated September 6, 2010 an audit is conducted on a quarterly basis by a firm
of Chartered Accountants, for the purpose of, inter alia, reconciliation of the total admitted equity share
capital with the depositories and in the physical form with the total issued/paid up equity share capital
of ICICI Bank. Certificates issued in this regard are placed before the Share Transfer & Shareholders’/
Investors’ Grievance Committee and forwarded to BSE and NSE, where the equity shares of ICICI Bank
are listed as well as to the two Depositories viz, NSDL and CDSL.
Physical Share Disposal Scheme
With a view to mitigate the difficulties experienced by physical shareholders in disposing of their shares,
ICICI Bank, in the interest of investors holding shares in physical form (upto 50 shares) has instituted a
Physical Share Disposal Scheme. The scheme was started in November 2008 and continues to remain
open. Interested shareholders may contact the R&T Agent, 3i Infotech Limited for further details.
Registrar and Transfer Agents
The Registrar and Transfer Agent of ICICI Bank is 3i Infotech Limited. Investor services related queries/
requests/complaints may be directed to S. R. Ramesh at the address as under: