To give real-time information, securities registry service provider Link Intime India Pvt Ltd has launched two unique mobile applications, one for investors and the other for client companies.
The bLink app provides the latest information across all client companies serviced by Link Intime to investors. The app will provide information about IPO allotments, details of shareholder meetings, dividends declared and book closure period, undelivered articles, failure of credits of dividend/ interests, and failure of credit of shares/ bonds into investors’ accounts, among others.
Up to 10 DP accountsAn investor can add up to 10 DP accounts under one login. The InSta Link app, for authorised corporate clients of Link Intime, gives an overview of the latest available holdings of shareholders of the company under various categories and changes thereof in the immediate past seven days.
Link Intime offers its registry services to 1.5 crore investors, of whom 50 lakh are active mobile phone users. The company expects a substantial base of users to use the app. Kishor Thakkar, Director, Link Intime, said, “We launched the app because of immense investor interest, particularly during an IPO. During the recent Coal India rights issue, we received 17 lakh applications and nine lakh hits on our website. So, we realised that investors are eager to know these details, for example, when they can expect the credit of shares in their account.”
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.