This has reference to your mail , you have been alloted 100 shares which are Partly paid .The amount paid by you along with the application was adjusted to the number of shares alloted to you .You are requested to pay the balance money of Rs.37500/- by July 19,2007
A Confirmation of Allotment Note cum notice of balance Amount Payable Notice was despatched to you on June 29,2007 as per the Corespondence Address registered with your Depository Participant.
You are advised to pay the due amount on or before July 19,2007 failing which the Equity Shares alloted to you shall be liable for forefeiture including the amount already paid thereon.
The Companty reserves the right to charge the interest of 12%per annum on the balance amount payable after the due date till the date of payment or forefeiture.
Partly paid shares wll not be traded until the balance amount is received and corporate action for crediting fully paid up Equity Shares in your account is completed. The process of Corporate action may take about 2 weeks from the due date of payment of Balance Amount.Incase of receipt of the payment after the due date the company at its discretion will initiate the process of Corporate action or forefeiture of Shares
I am NRI and had applied for 70 shares of DLF with part payment option through ICICIDirect. As per the allotment status on this site, I have been alloted 70 shares. But I am neither seeing in any credit in my DMAT account nor have I received any intimation about remaining amt payment. Does any one have any clue?
Hi, What is the procedure to pay the full payment, if we dont recieve the notice from Karvy because of change of address issue, has anyone experienced this problem? please advice how to go about it to make full payment. Thanks Seema
If we have received the notice, then is it fine to deposit the cheque in any ICICI Branch or else do we need to deposit only i n the head office of ICICI Bank in that particular Location.... Please reply
i have got notice from karvy and deposited the money to icici bank yesterday any ideas with in how many days will the shaces get transferred to my demat account
Yes, i have got notice from karvy. The payment should be made by cheque or dd. You can deposit cheque along with notice to the nearest ICICI bank. If you are not in the nearest ICICI bank, you can send DD to Karvy Hyderabad.