Elfin Agro India Ltd Enters Agreement with Cameo Corporate Services for Share Transfer Activities
Elfin Agro India Ltd has executed an agreement with Cameo Corporate Services Limited, effective April 3, 2026, to manage all activities related to share transfer facilities.The agreement appoints Cameo Corporate Services Limited to act as the Share Transfer Agent for Elfin Agro India Ltd. Cameo Corporate Services Limited is a SEBI registered Share Transfer Agent with Registration No. INHD00003753. Elfin Agro India Ltd is a public limited company, and the company has approximately 246 shareholders.
The roles and responsibilities outlined in the agreement detail the scope of work covered by the Transfer Agent. These responsibilities include the receipt of requests for Transfer, Transmission, Endorsement as fully paid up allotment/call money, split, consolidation, and change of address. Processing requests for these activities and handling other correspondence related to transfer activities are also key functions.
Specific tasks assigned to the Transfer Agent involve:
- After verifying transfer deeds, preparation of transfer proposals for approval by the company's transfer committee, and endorsement on the certificates.
- Dispatch of transferred certificates to the transferees within the mandatory period stipulated by the Companies Act/Listing Agreement.
- Handling Dematerialisation / Rematerialisation of shares.
The Transfer Agent is responsible for maintaining all relevant records and documents pertaining to the Company and is required to maintain these records for a minimum period of 8 years, as per Regulation 15 of the SEBI (Registrar to an Issue and Share Transfer Agent) Rules and Regulations, 2025.
Financial Schedule of Fees
The agreement includes a detailed schedule outlining the charges payable to Cameo Corporate Services Limited for handling share transfer work and depository services for NSDL & CDSL.| Particulars | Charges |
|---|---|
| Maintenance charges for Transfers, Transmissions, Transpoutions, Split, Consolidation, Nomination, POA Registration, Reporting of Regulation 31, Regulation 55 etc. of SEBI LODR Regulations & Maintenance of communication links for each depository (CDSL & NSD) | Rs. 60,00D/- per annum (payable in advance) |
| Dividend processing, folio creations, upload to bankers, dividend warrants printing / DOs receipt & Dispatches, electronic pay-outs communication dispatches | Rs. 27 per shareholder / beneficiary holder or minimum of Rs. 1000/- |
| Dividend reconciliation | Free |
| Printing of Share Certificate / Duplicate Consolidation / Split / | From |
| ROM data in CD & Annual Return as per MCA format | Free |
| Address label printing charges | Re 1/- per address label or minimum of Rs.500/- |
| Evoting charges for AGM, EGM, Postal Ballot - Uploading of resolution, ROM, notice in Evoting platform | Rs. 5,000/- per e-voting |
| Attending AGM / EGM charges and infra (computers & volunteers, | Rs. 5,000/- per meeting. |
| Bulk Email Charges | Rs. 1/- per email or minimum of Rs.1000/- |
| Corporate actions (lock-in, Preferential allotment, ESOP etc.) | Rs: 1500/- per corporate action |
| LEPF data processing | Re. 0.50 per unpaid record subject to a minimum of Rs. 1000 per unpaid year |
Agreement Terms
The agreement is valid for a period of two years, commencing from April 1, 2026, to March 31, 2028, and is deemed to be automatically renewed for further two-year periods. Either party may terminate the agreement by providing three months' written notice.The company bears expenses for legal advice/action which may arise in connection with the transfer work, while the Transfer Agent is responsible for actions and omissions committed in good faith, unless due to negligence, willful misconduct, failure to act, or recklessness.
Operational responsibilities include the Transfer Agent processing and printing new share certificates in lieu of misplaced or lost certificates and updating records for Annual General Meetings (AGM) and Extra-ordinary General Meetings (EGM).
Stock Price Movement
At the close of trade on Wednesday, Elfin Agro India Ltd settled at ₹49.35, edging up slightly by 0.10%. The shares moved throughout the session, trading within a range established between a low of ₹49.35 and a high of ₹49.75.Source:
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