#How to Get Shares and Dividends from IEPF

[digitlshareconnection]

How to Get Shares and Dividends from IEPF ? To reclaim shares and dividends from the Investor Education and Protection Fund (IEPF), you need to follow a structured process. First, gather all necessary documents, including your PAN card, Aadhaar card, and details of the shares. Then, submit an online application form on the IEPF website and send the required documents to the nodal officer of the relevant company for verification.

[assetretrieval]

claim shares from iepf

How to claim TCS Dividends and shares from IEPF?

How would you feel if you got a 2000/- from a cupboard that you never expected?

Very happy & excited claim shares from iepf.

Now imagine if you get 1cr, which you were never expecting.

Following our agreement, we are bound not to reveal the actual identity of our clients; therefore, I will refrain from disclosing the actual names.

In 2005, our client's father acquired 500 shares of TCS at 342.27, totalling an investment of Rs 171135.

A. TCS announced a Bonus on 28th July 2006 in 1:1.

The number of shares after the split went to 1000

B. Bonus on 16th July 2009 in 1:1

So, the number of shares after the split went to 2000

C. Again, bonus on 31st May 2018 in 1:1

So after this split number of shares went up to 4000

In the year 2022, when the client approached us, the market price for TCS shares was approximately Rs 3050.

The Total Value of Investment in the year 2022 was Rs. 1.22 Crores.

Why had their shares gone to IEPF?

They had changed residence during this course of years. Also, the client's father had passed away. The son was completely unaware of this investment.

According to government regulations, if dividends on shares remain unclaimed for seven or more consecutive years, the company must transfer them to the Investor Education and Protection Fund (IEPF).

Before, when investors didn't collect their dividends, companies often kept the money without informing them.

To fix this issue, the government introduced the IEPF. It mandates that companies transfer unclaimed dividends, which have been neglected for seven consecutive years, to a fund for investor protection.

The client initially inquired about his father's Havells investment. During the conversation, our CEO, Mr. Vinny, delved deeper to learn more about the client's family background and investment practices. After obtaining some basic information, Mr. Vinny encouraged the client to provide a family tree and additional details. Following this, our research team initiated an investigation, ultimately leading to the TCS investment's discovery Duplicate share certificate.

What is the procedure for claiming TCS unclaimed shares and dividends from IEPF authority?

To make an IEPF claim, you can follow the steps given below:

1. Access the IEPF-5 form on the MCA portal via the IEPF website, and refer to the instruction kit for guidance.

2. Upon submission of the form, an acknowledgement will be generated with a unique "Submit Request Number" (SRN) that should be noted for tracking purposes.

3. Please print out the form and bring along the issued acknowledgement when needed.

4. Please submit the original copy of the indemnity bond, a copy of the acknowledgement, a share certificate, and IEPF Form 5. Along with these, please include a self-attested Aadhaar card, details of the bank account linked with your Aadhaar card in which the claim is to be received, and your demat account number. The envelope should be marked as "Claim for refund from IEPF Authority" and sent to the company's Nodal Officer (IEPF) at its registered office.

5. After submitting the claim form, it will be verified by the company's Nodal officer. Once the verification is complete, the officer will forward the form to the IEPF authority. Based on the verification report, the IEPF authority will refund any unclaimed shares and dividends to the client's account.

6. IEPF authorities must respond to the company's verification report within 60 days.

Refunds from IEPF can take 8-24 months and are complex.

Due to the complexity involved, many people tend to quit midway through the exercise. We are a team of professionals, including Company Secretaries and Lawyers, who have successfully recovered 100 Crores.

How can one check whether their TCS shares have been transferred to the IEPF?

You can search using details such as name, folio number, client ID, DP-ID, account number, or father's name on the Ministry of Corporate Website iepf.

We have noticed at times that this portal doesn't provide accurate information. Under such circumstances, the best action is to contact the company's registrar.

You Can Also Visit Us:

iepf claim, iepf share transfer, iepf shares, iepf shares recovery

Lost physical share certificate

shares transfer to iepf

transmission of shares

unclaimed mutual fund

[investorlink]

Legal Process of Name Change in Share Certificates Using an Affidavit in India

A share certificate is an important legal document that proves your ownership in a company. It contains the name of the shareholder, the number of shares held, and other vital details. But what if your name has changed after marriage, due to a spelling error, or because of a legal name change? In such cases, you must get the name updated on your share certificate.

The first and most important step in this process is submitting an Affidavit for name change in share certificate. This document helps companies legally verify your identity before updating your name in their records. This blog will guide you through the entire legal process, including how it ties into other key areas such as IEPF shares recovery, transmission of shares in company law, and even applying for a legal heir certificate online.

Why Name Change on Share Certificates Is Important

A mismatch between your identity documents (like PAN, Aadhaar, or Passport) and your share certificate can cause issues in:

Selling or transferring shares

Claiming dividends

Recovering unclaimed shares from the Investor Education and Protection Fund (IEPF)

Getting your rightful inheritance in case of the shareholder’s death

So, it's essential to correct the name by following the proper legal steps.

When Is an Affidavit for Name Change Required?

An Affidavit for name change in share certificate is generally needed in the following situations:

Name change after marriage or divorce

Spelling errors in the share certificate

Name change through a government gazette notification

Adding or dropping a surname

Legal name change through a court process

Step-by-Step Guide to Name Change in Share Certificate Using an Affidavit

1. Prepare an Affidavit

The first step is to prepare an affidavit on a non-judicial stamp paper (usually ₹10 or ₹20) stating the following:

Old name and new name

Reason for the name change

Shareholder’s details (address, number of shares, company name, etc.)

Date of name change

A declaration that both names belong to the same person

You can get the affidavit drafted by a lawyer or use a standard format. Sign it in the presence of a Notary Public or a First-Class Magistrate.

2. Publish the Name Change in Newspaper

Though not always compulsory, it’s a good practice to publish a name change notice in two newspapers — one in English and one in the local language. This adds authenticity to your affidavit.

3. Gazette Notification (If Applicable)

If your name change is formal and recognized by the government (like through marriage or court order), a Gazette notification might be required. This is especially important for official government and financial record updates.

4. Submit Documents to the Company or Registrar

Send the following documents to the company’s Registrar and Transfer Agent (RTA) or the company’s secretarial department:

Original share certificates

Attested copy of the affidavit

Self-attested copies of old and new ID proofs (like PAN, Aadhaar)

Copy of marriage certificate or Gazette notification (if applicable)

Request letter for name correction

IEPF Shares Recovery and Name Change

If the shares are already transferred to the Investor Education and Protection Fund (IEPF) due to inactivity, dividends not being claimed, or other reasons, then name correction becomes more important.

For IEPF shares recovery, the name on your current documents must match with the one in the company’s records. Without correcting your name in the share certificate, your claim may be rejected by the IEPF Authority.

So, the Affidavit for name change in share certificate is not just a formality; it is essential for unlocking lost or unclaimed investments.

Name Change and Transmission of Shares in Company Law

In case of the death of a shareholder, transmission of shares in company law. Legal heirs or nominees must prove their right to inherit the shares. If the name of the legal heir or nominee differs from the one mentioned in other legal records, the same affidavit process must be followed to avoid disputes.

This is why proper documentation — including a legal heir certificate online, death certificate, and affidavit — is crucial in transmission cases.

Apply for Legal Heir Certificate Online

A legal heir certificate is another important document when claiming shares after the death of the original holder. In India, many states now allow this certificate to be applied for online, making the process faster and more convenient. It serves as proof of your legal right to claim assets, including shares.

Before starting a transmission or IEPF claim process, make sure your name matches across all documents. If not, submit an Affidavit for name change in share certificate to avoid rejection.

Conclusion

Changing your name in share certificates may seem like a small task, but it has a major legal impact. Whether you’re trying to recover unclaimed IEPF shares, transmit shares after someone’s death, or simply fix a spelling mistake, the affidavit is a key document in the process.

Always keep your records up-to-date to avoid delays in receiving dividends, bonuses, or selling your shares in the future. Taking the proper legal route not only saves time but also protects your financial interests.

[infinysolutions]

How Do You Transfer Shares and Unclaimed Dividends from IEPF in Zero Errors

Transferring shares and unclaimed dividends from IEPF is one of the crucial things a shareholder must do in order to get ownership of the shares back and to enjoy the rights and benefits of the shares.  

Whether it's those shares or your unclaimed dividend, IEPF does not have ownership of them. It only possesses them if the shareholder has not managed to claim these certificates for seven years in a row. 

Significance of Transferring Shares to IEPF

The Ministry of Corporate Affairs or MCA created IEPF to ensure the unclaimed shares and dividends of countless people are managed in order to restore the ownership, i.e. to give the shares and dividends back to the right shareholder. 

It simply means the IEPF share transfer of unclaimed dividends performs the role of giving back to the shareholders what they own. It also helps shareholders to organize their financial documents and work more effectively to get all the share benefits. 

Process of Unclaimed Share and Dividend Transfer from IEPF  

It is indeed important to find out how your shares and dividends can be transferred from IEPF following the right procedure. Here are they written below:

File to the Authority by the Claimant 

The procedure here is online. You need to log into the IEPF portal and also the MCA portal. Here is where the claimant should find the IEPF-5 form and fill it up using the right details. 

Claim Detail Submission to the Company

To fill up the form, you should use your Aadhar number, Bank details, share details, claimant information, company information, unclaimed dividend information, 

Submission of Claims from the Company to the IEPF Authority

It is the job of the company now to verify the claimant’s requests and documents within 15 days. The company is then supposed to send the report and the claimant’s verification documents to the IEPF. 

The Final Process: Refund of the IEPF Unclaimed Share and Dividend 

Within 60 days of the application, the IEPF must make its moves to determine the disbursement of the unclaimed dividend amount. The IEPF Drawing and Disbursing Authority sends a bill to the Pay and Accounts Officer that’s going to verify the claimant’s appeal. As the professional looks into the matter, the claimant’s shares are all disbursed into the demat account. 

To Conclude: How to Get Expert Help

All this sounds a little too complex, don’t you think?

It is also probable that you need some guidance to go through these procedures without having to worry about hiccups.  

We at Infiny Solutions can help you out in this regard. Our motto is to help you get your IEPF unclaimed shares.  We also provide more share certificate-related services to help you maintain ownership, solve problems, manage errors, and effectively work with your trading. 

Go through our website to learn how we curate our services to lend you a helping hand regarding these vital matters. Talk to us today for instant assistance.

[infinysolution]

YOUR MONIES AND INVESTMENT CLAIMS MIGHT JUST GET SWOOPED AWAY. BEWARE OF SHARE FRAUDS

From Harshad Mehta to Ketan Parekh and so many more in between, there have been a number of well-documented stock and share market scams over the years. Such frauds could utilize any or a combination of methods from below:

Shell companies: Such entities use the names of established brands such as Apple or Reliance. They lure investors with the intention of defrauding them.

Boiler rooms: This is a high-pressure selling technique used to peddle speculative shares. Brokers often use this technique to push penny stocks which results in losses higher than the client can bear.

Pump and dump: In a world rife with fake news, misleading information helps pump up the price of certain stocks. When the stock hits a target price, they are then dumped for huge profits. Those who are left holding the stock suffer untold losses.

Insider trading: This is the criminal practice of using secret information to trade on the stock exchange for one’s personal profit. Even though regulations exist to help prevent this, it still exists in the market.

Churning: Brokerage firms often give wrongful advice to create additional brokerage which boosts their own income.

Financial statement fraud: A number of publicly traded firms manipulate their financial statements to overstate revenues, understate expenses, overstate corporate assets, understate existing liabilities, and more.

An unidentifiable fraud

A type of financial fraud that often goes unnoticed and unpunished is when unclaimed shares are claimed by persons who are not the rightful claimants for that holding.

To know more about how this situation comes to be, read our blog on unclaimed shares here (BEWARE OF SHARE FRAUDS).

Unclaimed shares and unclaimed dividends can be recovered by the rightful claimant. However, the problem stems from the fact that the claimants are often not aware that they can claim such financial instruments.

Fraudsters take out data of folios that have become inactive. In most cases, these folios only have the investor’s name or at the most, their father’s name mentioned, with no unique identity of the investor, whatsoever. This makes it easy for anyone to defraud. A fake ID and in many cases, just running around the system, is enough to get the job done.

The issue remains hidden, since there are no claimants for the stolen shares and dividends in the vast majority of cases. By the time rightful claimants came forward to make their claim, the shares had been sold by the fraudsters in a number of cases.

As a matter of fact, in most of the cases, these shares are in physical form, with the share certificates (typically bonus shares) lying undelivered with the registrar. The reason for this is being the original shareholder would have died, or changed the address, so no one is available to receive the shares at the address mentioned in the Register of Members of the company. The postal department will return the shares/dividend cheques to the registrar.

From 2001-02 to 2015-16, the Investor Education and Protection Fund (IEPF) received Rs 1,274 crore in unclaimed shares and unclaimed dividends, according to government statistics.

Real-world implications of unclaimed shares fraud

Unless someone complains, the corporation may not even be aware that the shares have been unlawfully transferred. Often even the person defrauded does not realize that they have been defrauded.

The most recent such case is that of Britannia Industries where the value of unlawfully transferred shares is believed to be approximately Rs 18-20 crore. Similarly, unlawfully transferred shares worth Rs 2 crore were also identified in Asian Paints.

According to sources, such scams would not be feasible without the cooperation of personnel at the stock transfer agencies. Because the unclaimed shares are in physical form, the fraudsters will require the original holder’s specimen signatures before they can send them for dematerialization. That information is most likely derived from the share registrar’s records.

Let’s understand this more deeply with a real-world example.

A senior citizen (let’s call them CG) learned too late that her father, Nowroji Sorabji Sethna, had stock in a number of publicly traded firms. However, she discovered that the shares had been fraudulently transferred and sold by the time she sought the corporations for more information.

Sethna possessed over 10,000 Balmer Lawrie shares, which, together with a bonus issue, are worth over Rs 80 lakh at today’s market values. He also had stock in Delhi Cloth & General Mills (the parent business from which the DCM group was formed in the 1980s), CESC, and Walchandnagar Industries, among other enterprises. When CG emailed Balmer Lawrie for more information, she was told that Sethna’s name had vanished from the shareholder records.

CG was also made aware of a request for a change of postal address, the issuance of duplicate shares, and the dematerialization of shares. The only problem is that these requests were made in 2011 after Sethna had passed away in 1975. According to the information given by Balmer Lawrie, Sethna’s shares were ‘sold’ between May 2011 and February 2013. The original shareholder’s signature is required on the transfer deed accompanying the share certificate in the event of physical shares.

Balmer Lawrie made a bonus share issuance in the ratio of 3:4 in May 2013. Sethna was the recipient of 5,805 shares. Balmer Lawrie received a ‘request’ for dematerialization of the shares from Sethna in September 2013. Sethna sent the corporation another ‘request’ for duplicate share certificates for 6,340 shares six months later, and another ‘request’ for dematerialization of those shares two months later. And now there is no trace of any of those shares.

Balmer Lawrie argues that in processing the requests, it “relied on statements provided by the RTA and the corresponding depository participant, as well as papers given by the transferor/transferees.” It also wrote to CG, stating that Sethna’s address had changed unexpectedly. “The firm has been requesting the RTA for the aforementioned facts and copies of each of the documents in their possession, including the explanation for the change in the registered address of the shareholders,” Balmer Lawrie wrote to CG.

CG was unable to obtain the CESC shares to which she was entitled since they, too, had been unlawfully sold. Both CG’s brother and mother had stakes in Delhi Cloth and General Mills, and both died in the early 1980s. Since then, the corporation has been divided into three divisions. When CG requested information on the shareholding from one of the three group firms, they were told that the names of the two initial shareholders were no longer on the books. She was able to obtain her shares in Walchandnagar Industries only because a letter she sent to the firm asking for data on her father’s shareholdings arrived only a few days after the fraudsters had written to the company notifying them about the change in address.

STOP SITTING BACK !!

PREVENTION IS BETTER THAN CURE

Such a thing can happen to anyone. Imagine being scammed without even realizing you are being scammed. It is a scary proposition.

With the advent of demat accounts, this process has become even easier for those who intend to defraud. These agents employ illegal tactics to get shares that have not been claimed by the deceased’s legal heirs, convert them to demat form, sell them on the market, transfer the funds to bank accounts set up for the purpose, and withdraw cash. Typically, they take help of a series of transactions, and since the asset is fungible, no track record can be found.

Market regulator SEBI has launched a probe into the agents and companies who are involved in such nefarious activities.

However, as an investor, it is best to stay vigilant. Trustworthy professionals such as those at Infiny Solutions ensure that you always have all the correct information about your shareholdings and any holdings that may be due to you. Our team has access to a vast database and is thus able to identify the rightful claimants of unclaimed shares and unclaimed dividends. We help ensure that you get the money that belongs to you without any risk of being defrauded by unscrupulous agents.

[goldenegg-transmission]

Physical Shares, IEPF, Unclaimed Shares and You

Do you have any idea how much of wealth is wasting out there to be claimed by the person who invested or his / her legal heirs? It is mind boggling. Often, the figures are so numbing that it makes no sense to a common man.

When a worker joins the company, he gets Provident Fund. The employees, in order to save tax, invest an insurance. Safety minded Indian middle-class puts the money in fixed deposit in banks. More enterprising and risk-taking ones invest in capital market.

However, these details are never organized and passed on to the next of kin. With the results tens of thousands of crores are lost or unclaimed. Estimate of insurance unclaimed is over Rs.15,000 crores. Provident Fund unclaimed is over Rs.10,000 crores. Since, there are no single nodal agency, it is hard to estimate the bank deposits, but it is likely to be over Rs.15,000 crores.

The value of shares unclaimed or is rendered useless is truly astronomical. They easily dwarf the total of insurance, Provident Fund and Bank fixed deposit put together.

In order to understand the problems of unclaimed shares, one must trace the history of shares. Shares as we know, are traded in stock exchange. We open a Demat Account, log into the Demat Account electronically and buy or sell shares in lightning speed. Technology has largely organized the share trading, insurance investment, Provident Fund and bank deposit. However, what has happened in the past is still a deep-rooted problem.

Our focus in this blog is only shares. Since they easily constitute over 50% of the unclaimed wealth.

We have a disclaimer to make here, we have vested interest. Our company serves clients – end to end – to claim their unclaimed shares, their duplicate shares, the shares taken away by the Government in the form of IEPF – Investor Education and Protection Fund.

In order to understand the complexity of the problems as said earlier, it pays to trace the history of shares. All shares were issued in physical form. i.e. shares were printed in a piece of paper and handed over to the recipient. Shares were transferred to another person by filling up share transfer forms. Till the year 1999, obtaining paper shares was a norm and was not an exception.

Only in the year 1999, issue of shares in electronic format was made mandatory.

Till 2005, simple procedure of nomination was not available for the shareholders.

Given the scenario, it is quite possible that lot of shares dropped out of the horizons due to various reasons. It may be due to simple reasons such as change of residence or something more complex such as a secretive father dying without informing the next generation.

These shares have gained enormously in volume over time. Total value of shares in physical form stagnant even today will be to the tune of Rs.1,50,000 crores.

This is a menace. In order to counter and misuse of unclaimed shares, the government came out with a series of legislation’s.

They formed IEPF – Investor Education and Protection Fund and mandated every company to transfer the dividends to a designated account if the dividend has not been claimed for seven years i.e., if a dividend warrant has not been encashed for seven years, at the start of eight year the total amount will be transferred to the government fund, which of course can be claimed back.

As on 30th September 2018, they asked the companies to transfer the shares on which dividends has not been claimed for seven years to IEPF. Therefore, the companies transferred lot of shares to IEPF. Total value of shares transferred on 30th September 2018, by top hundred companies alone was Rs.11,000 crores.

The Government stopped the companies from sending dividend by way of dividend warrant effective 30th September 2018.

The government stopped the transfer of shares in paper form to another person with effect from 31st March 2019, i.e., presently even if somebody has paper share, they cannot transfer the shares without demating the shares.

All these measures are laudably. One would be reasonably expecting, this menace of unclaimed shares would have been a thing of past. Alas, we are not just standing there, but we are worse of compared to where we were earlier. Consider the following table, this is only the top hundred companies.

Period                          IEPF                                      Physical

Sep-18              1,10,89,40,29,400.90           10,36,25,19,89,180.00

Dec-18              1,11,67,99,98,161.75              9,09,64,99,69,407.43

Difference                  78,59,68,760.85            -1,26,60,20,19,772.57

Dec-18               1,11,67,99,98,161.75              9,60,00,91,45,398.08

Mar-19                   77,98,97,17,056.00              9,09,64,99,69,407.43

Difference             -33,69,02,81,105.75                -50,35,91,75,990.65

Mar-19                    77,98,97,17,056.00              9,07,24,59,05,079.37

Jun-19                  1,23,36,18,63,517.75             8,61,85,62,77,606.44

Difference                45,37,21,46,461.75               -45,38,96,27,472.93

Jun-19                   1,23,36,18,63,517.75             8,61,85,62,77,606.44

Sep-19                  1,34,21,53,05,475.15             8,47,61,72,01,559.49

Difference                10,85,34,41,957.40                -14,23,90,76,046.95

On the deadline (30th Sep, 2018) the companies transferred Rs.11,000/- worth of shares to the government. This is progressively increasing quarter on quarter and today it is over Rs.13,400 crores.

After transferring the shares to IEPF, the physical shares that are lying with general public which are not transferred to IEPF is over Rs.1,00,000 crores. Please bear in mind a share gets transferred to IEPF only if dividend remains unclaimed for seven years.

So, there are lot of unclaimed shares as on today. After all the steps taken by the government, government manage to reduce the problem only Rs.1,000 crores. So, we can say a little over 0.60% of the problem was solved!

From September 2018 to September 2019, Rs.24,000 crores worth of shares was transferred to IEPF and the physical shares have reduced by only Rs.25,000 crores during the same period.

In our reasonable estimate the total monetary value of the problem is Rs.1,50,000 crores based on our today’s economy and today’s market prices.

It is this problem we seek to tackle by providing end to end services to the clients. It is sufficient if you know your father had shares. Approach us. We will do end to end work by taking all services required and get you the shares. This procedure is very complex, and it often involves giving police complaint in case all duplicate shares, getting legal heir certificate from the municipalities, getting succession certificate or probating bill if there is one. We provide full end to end services and we are more than happy to be of assistance.

[recoveringunclaimedasstes]

Unclaimed shares or money lying with IEPF? These are the steps to follow to reclaim them

Do you have some money or shares that you forgot to keep track of, and are now locked with the IEPF? If that is the case, you would wonder what exactly can be done to reclaim the assets you rightfully own but sadly — don’t possess anymore?

First of all, you need to understand where the securities go when you lose track of them as they remain unclaimed.

Any dividend money, interest income, matured debentures, matured deposits, redemption amount of preference shares and sale proceeds of fractional shares when remains unclaimed for seven years is transferred to the IEPF

What is IEPF?

IEPF stands for Investor Education and Protection Fund which is maintained by the IEPF Authority, a division of the Ministry of Corporate Affairs, Government of India.

This authority (IEPFA) is responsible to carry out refunds of shares, unclaimed dividends, matured deposits and debentures to investors, and also to promote awareness among investors..

Proposed integrated portal

In the Budget 2023, Finance Minister Nirmala Sitharaman announced an integrated IT portal to enable small investors to reclaim their unclaimed dividend and unpaid dividends from the IEPF in a speedy and seamless way.

“The proposed method will be a Straight Through Process (STP) whereby their Aadhaar and PAN linked demat accounts will be directly credited with shares after the Approved Verification Report is filed by the Company,” says Ankit Garg, Founder of Garg Law Chambers and Advisor, GLC Wealth

“There will be less physical verification of documents by the IEPF Officials resulting in drastic reduction of time taken to approve a claim below the threshold decided,” he adds.

How to reclaim your securities?

Any individual whose unclaimed or unpaid amount has been transferred by the company to IEPF may claim their refunds to the IEPF authority. In order to claim such an amount, claimants need to file form IEPF-5 along with other necessary documents.

Mr Garg says there could be a number of reasons for losing control over some securities e.g., some investors forget to keep their KYC updated.

To explain this, he shares an example of one of his clients where a company’s CEO – for not keeping the KYC updated – lost track of his securities, which were later transferred to IEPF.

“A CEO of a leading FMCG company purchased shares in his and his wife’s demat account and forgot to keep his KYC updated. Due to dividends not getting credited to their account over a long number of years during which they were posted in many countries, the shares were transferred to the IEPF Authority,” said Mr Garg.

“When he approached us, we followed up with the respective companies to get accurate details of shares and unclaimed dividends and filed their claims with the government authority. After consistent follow ups with the company and the IEPFA we were able to get their claim approved and recovery of shares credited to their demat accounts,” he elaborates.

These are the steps to follow to reclaim your assets:

I. Fill the form: First of all, access the IEPF-5 webform to file the claim for refund. And needless to mention that one must read the instructions carefully along with the form before filling the form.

II. Acknowledgement: Once you have filled the form, you can submit the same. Upon successful submission, an acknowledgement is generated indicating the SRN, which is used for tracking the form in future.

III. Printout: After uploading the form, one must take a printout of the duly filled IEPF-5 and the acknowledgement issued.

IV. Send documents: Now you should send an envelope marked “Claim for refund from IEPF Authority” to the Nodal Officer (IEPF) of the company at its registered office.

In this envelope, you should ensure to send indemnity bond in original, copy of acknowledgement and IEPF-5 form along with the other documents as mentioned in the Form IEPF-5.

V. Verification: Once these claim forms are completed in all aspects, they will be verified by the concerned company. Later, on the basis of the company's verification report, refund will be carried out by the IEPF Authority in favour of claimants’ account via electronic money transfer.

[legaladvisorr]

Recover Bajaj Finance IEPF Unclaimed Shares

The IEPF was established by the Government of India to solve the growing problem of people forgetting their shareholdings in a firm. This initiative was established to defend investors' interests and raise awareness among them.

All iepf unclaimed shares & iepf unclaimed dividends and lost shares sent to IEPF on behalf of lawful shareholders are handled by the government. The biggest reason why shares go iepf unclaimed shares year after year is that individuals forget they hold them! How can anyone overlook their own investments?

Here are some of the reasons why this occurs!

Investors frequently fail to select a candidate for their shares. The heirs are unaware of any such ownership. Finally, the shares are abandoned.

Because the amount invested in shares is little, investors tend to overlook it.

In certain situations, the shares become embroiled in legal processes as a result of property disputes. In such cases, the shares stay ownerless until the ultimate court decision.

Before IEPF

Whenever the IEPF was not implemented, firms contributed iepf unclaimed shares iepf unclaimed dividends and shares to government funds. This money was utilised by the government for a variety of public welfare programmes. The monies were also utilised for a number of development projects.

Subsequently, the government recognised the heavy losses incurred by investors and decided to establish the IEPF. This functioned as a forum for investors to contact the government in order to claim their payouts. They can even get their long-forgotten shares refunded. The IEPF allowed investors to obtain dividends and shares directly from the fund management. All they had to do was make an application to the controlling authority. Instead of contacting each firm separately, people may now claim their dividends and shares from several companies through a single site.

IEPF Unclaimed Shares & IEPF Unclaimed Dividend Transferred to IEPF

So, what happening to the shares and dividends that have been transferred to the IEPF? Will investors lose their rights to their iepf unclaimed dividends and iepf unclaimed shares?

The dividend sum and shares were handed to the government prior to the creation of the IEPF. As a result, a shareholder lost all rights to the dividend money. The establishment of the IEPF enabled owners to retain control over the dividend amount and shares transferred to the IEPF Account. A simple application to the IEPF's fund management will assist in keeping these privileges.

Reputable firms, such as Bajaj Finance Ltd., send individual letters, by post, and through numerous other forms of contact to inform shareholders of their stake in the company. Their staff will remind stockholders to file their dividend claims on time. Once shares have been moved to the IEPF, the procedure of reclaiming them may become difficult.

The fund manager's entire refund procedure is time-consuming. To guarantee that the reimbursement reaches the correct owner, all applications are thoroughly reviewed. As a result, Bajaj Finance Ltd. advises shareholders to collect the dividend directly from the firm. The procedure is simple and quick. To claim dividends, shareholders must submit an application to the Company's Registrar or Transfer Agent.

If the shares have already been transferred to the IEPF, simply approach the company's Nodal Officer. You can contact the appropriate authority through email.

[shobhit2247]

How To Claim Unclaimed Dividends?

Claim Unclaimed Dividends

According to IEPF Rules, any individual whose unclaimed or underpaid money and/or shares have been transferred by the Company to IEPF may claim them directly from the IEPF Authority by submitting an online application in Form IEPF-5.

To claim unclaimed dividends refund, follow the steps below.

1. To file a refund claim unclaimed dividend, go to the IEPF website (http://www.iepf.gov.in) and download form IEPF-5. Before filling out the form, carefully read the directions on the website/instruction pack as well as the e-form.

2. After you've finished filling out the form, save it to your desktop and send it by following the directions under the post link on the webpage. An acknowledgement with the Service Request Number ("SRN") will be produced if the upload is completed. Please make a note of the SRN so that you can trace the form in the future.

3. Print the completed IEPF-5 and the acknowledgement page that appears when you submit the form.

4. For the purpose of commencing the claim verification, submit the following papers to Mr Ashok I. Bhuta, the Company's Nodal Officer (for IEPF purposes) at the Registered Office/Corporate Office in an envelope marked "Kind Attention: Mr Ashok I. Bhuta - Claim for a refund from IEPF Authority":

a. A printout of the fully filled and uploaded claim form IEPF-5, with the claimant's signature and, if joint holders are involved, all joint holders' signatures;

b. A hardcopy of the acknowledgement that was created once the claim Form IEPF5 was submitted;

c. Original advance stamped receipt with claimant's signature and two witnesses. (Annexe-I contains the format.)

d. To be executed: Indemnity Bond (original) with claimant signature (as per Annexure-II format):

If the outstanding amount of the claim is Rs.10,000 or more, on a non-judicial Stamp Paper of the value specified underneath the Stamp Act (according to the State Stamp Act).

Please be sure to include the claimant's and witness's dates, places, and signatures. If the amount to be claimed is less than Rs.10,000, it can be done on plain paper.

We hope you have successfully understood the How To Claim Unclaimed Dividends query stuck in your mind. To get an iepf claim and claim unclaimed dividend, you can reach out to us at MUDS Management. 

[toyinvb4]

THE RECOVERY OF UNCLAIMED DIVIDENDS  The stock certificate should be retrieved.  The link to the company's contact information should be searched for in the company's website.  Look for and call the investor telephone number.  Tell and explain to the representative that you did not receive a dividend.  Make sure the representative knows that you intend to claim the unclaimed dividend.  HOW TO CLAIM THE UNCLAIMED DIVIDEND.  Dividend should be claimed on regular basis.  Dividends unclaimed for seven consecutive years can be claimed alongside related shares.  Such unclaimed dividends should be transferred to the Investor Education and Protection Fund (IEPF) Authority.  UNCLAIMED DIVIDENDS.  Unclaimed dividends are dividends paid to the company but not yet taken or claimed by the shareholder.  An unclaimed dividend is a current liability.   An unclaimed dividend can be met within twelve months.  FUNDING THE UNCLAIMED DIVIDENDS.  Dividends should be claimed regularly.  If dividends are unclaimed for seven consecutive years, then the the dividend and related shares are transferred to the Investor Education and Protection Fund (IEPF) Authority.  Show quoted text HOW TO FIND UNCLAIMED  If an unclaimed dividend is confirmed under your name  Note your Registrar's name  Note the company's name in which you have shares.  Note the account number of your investment.  TYPES OF PREFERENCE SHARES.  Callable shares  Convertible shares  Cumulative shares  Participatory shares  HOW TO CASH OUT THE STOCKSN The sticks to be sold should be chosen  The trade should be entered appropriately with the broker  Wait for two days till the stocks settle.  When the proceeds of sale hits the account, make a request for withdrawal.  STOCK TYPES  Growth stocks  Dividend, the yield stocks  New issues  Defensive stocks  Strategy stocks.  UNCLAIMED DIVIDEND.  These are accrued dividends or they are known as dividend payable.  They are dividends declared by a company but not paid to shareholders    Accrued dividend is a liability in the balance sheet from declaration date till dividend is paid to shareholders.  EDIVIDEND  The dividend due to the shareholders is paid directly through a direct credit into the shareholders nominated bank account instead of cheque issuance or warrant.  FATE OF UNPAID DIVIDEND.  After 30 days of declaration, when a dividend has not been claimed or paid.  The balance of the unclaimed or unpaid dividend is transferred to a special account.  This account is opened by the company in a scheduled bank.  It is an unpaid dividend account.  ACCOUNTS OF OLD STOCK  Issuing houses should be contacted if you miss certificated.  You can also contact the transfer agent or the stock brokerage where they were bought.  The history of the shares can be protected by the brokerage firms that has been traded in the account and certificate you think are lost.  They can deal on your behalf with the transfer agent.  CURRENT ASSETS  Current assets are cash and cash equivalent.  Current assets also include account receivable.  They are prepaid expenses  Current assets also include inventory.  They are marketable securities.  ASSET TYPES  Current assets or short term assets  Fixed assets  Tangible assets  Intangible assets  Operating assets  Non operating assets  NON CURRENT ASSETS TYPES  Tangible assets    - physical assets  Intangible assets    - economic value Natural resources   ASSETS CLASSES  USA Equities  Currency  Fixed income  Commodities . Global market  Real estate  Show quoted text MANAGING UNCLAIMED DIVIDENDS AND UNUTILISED FUNDS IN DORMANT BANK ACCOUNTS IN ISSUES OPTIONS AND WAY OUT   Show quoted text ASSET TYPES FOR INVESTMENT  Stocks or equities  Banks  Investment or vacation properties  Real estate investment trusts  Farmland  Small businesses or franchises or angel funding.  Peer to peer lending  Royalties.  MONEY INVESTMENT TO GET HIGH RETURNS  Savings account  Liquid

funds Short term and ultra short term funds  Equity linked savings scheme.  Fixed deposit  Fixed maturity plans.  Treasury bills  Gold DORMANT BANK ACCOUNT ISSUES  Dormancy fees can be charged by some banks and credit unions for checking.  A fee can be incurred every month if you do not deposit or withdraw money for a period of time.  The fee can be reimbursed by some banks.  An account can be dormant if it has been inactive for two years.  An account can become inactive if the savings or current account has not been used for any transaction in a year.  REACTIVATING DORMANT BANK ACCOUNT.  An inactive bank account can be reactivated . This can be done by making a transaction by deposit or withdrawal.  The home branch can be visited to reactivate.  Make a written request for account reactivation.  The bank cannot charge you for the inoperative account reactivation.  DORMANCY A warning is usually given a month before the account is turned over to the state.  Funds from the inactive account should be sent to state treasury.  Money sent to a dormant account is called escheating.  Such funds are held as unclaimed property.  A doesn't account can be activated online.  Simply log into internet banking Go to service request  Select activation of inactive account.  You can call customer care to make an activation request for the account.  DORMANT BANK ACCOUNT OPTIONS  If  an account has been dormant  for over 15 years.  The unclaimed money can be transferred by the bank and building societies to the Reclaim fund through a dormant account scheme  Such an action is aimed at donating to good causes.  The Reclaim fund is an independent body

[shareclaimersjob]

Reclaim Your Lost Shares with Share Claimers: Expert IEPF 5 Filing Service

In the fast-paced world of investing, it’s not uncommon for shares to become unclaimed or lost over time due to changes in addresses, outdated contact information, or simply an oversight. If you or someone you know has unclaimed shares, Share Claimers is here to help you retrieve what’s rightfully yours. As a trusted name in the industry, we specialize in assisting investors in recovering lost shares through our professional IEPF 5 filing service.

Understanding the IEPF and Unclaimed Shares

The Investor Education and Protection Fund (IEPF) was established by the Government of India to protect the interests of investors. Under the IEPF rules, if dividends remain unclaimed for seven consecutive years, the underlying shares are transferred to the IEPF Authority.

While this initiative ensures investor protection, it also means that many investors lose track of their investments over time. Reclaiming these shares requires a systematic process that includes submitting an IEPF 5 filing service request along with supporting documents.

How Share Claimers Can Help

At Share Claimers, we’re dedicated to making the recovery of lost shares hassle-free and efficient. Our team of experts provides a complete solution, from verifying your entitlement to filing and tracking the status of your claim with the IEPF Authority.

Here’s how our IEPF 5 filing service works:

Thorough Assessment: We start by understanding your case and verifying the details of your unclaimed shares.

Document Preparation: Our team assists you in preparing all the required documents for a successful claim. This includes verifying identity and ownership proof, along with other necessary paperwork.

IEPF 5 Filing: We handle the entire IEPF 5 filing service process on your behalf, ensuring accuracy and compliance with regulatory requirements.

End-to-End Support: From start to finish, we’re with you every step of the way, providing updates and answering any questions you may have.

Why Choose Share Claimers for Your IEPF 5 Filing Needs?

Here’s why investors trust Share Claimers:

Expertise and Experience: Our team is well-versed in the intricacies of IEPF claims and understands the challenges investors face.

Time-Saving and Hassle-Free: Filing an IEPF 5 claim can be complex, but we handle everything for you, saving you time and effort.

Transparent Process: We believe in complete transparency. You’ll always be informed about the status of your claim.

Success-Oriented: Our goal is to help you recover your lost shares as quickly and efficiently as possible.

Benefits of Reclaiming Lost Shares

Reclaiming your lost shares isn’t just about recovering what’s yours—it’s about maximizing the value of your investments and securing your financial future. By using our IEPF 5 filing service, you can:

Regain Ownership: Once your shares are transferred back from the IEPF, you’ll once again have full ownership and control.

Receive Accumulated Dividends: Along with the shares, you’ll also be entitled to any dividends or benefits that have accumulated over time.

Rebuild Your Portfolio: Recovered shares can significantly enhance your investment portfolio and long-term wealth.

Let Share Claimers Help You Reclaim Your Shares

Don’t let lost or unclaimed shares slip away forever. With Share Claimers by your side, reclaiming what’s rightfully yours has never been easier. Our IEPF 5 filing service is designed to make the process seamless and stress-free, ensuring you get back what belongs to you.

Take Action Today

If you or a loved one has lost or unclaimed shares, don’t wait any longer. Reach out to Share Claimers for a no-obligation consultation. Our experts are ready to guide you through the IEPF 5 filing process and help you recover your investments swiftly and securely.

Trust Share Claimers to reclaim your shares—and your peace of mind.

[assetretrieval]

Lost physical share certificate

IEPF Claims: Recover Unclaimed Shares and Dividends with Asset Retrieval Advisors:

 At Asset Retrieval Advisors, we specialize in helping individuals and entities recover unclaimed shares, stocks, and dividends from the Investor Education and Protection Fund claim shares from claim shares from iepf.  If you are one of the millions of shareholders who have forgotten or lost track of your unclaimed assets, we are here to guide you through every step of the iepf shares process.  Our experienced team ensures a seamless, efficient, and hassle-free recovery of your IEPF shares, unclaimed dividends, and other securities that have been transferred to the IEPF due to non-encashment of dividends or due to death cases over the years.

 In this comprehensive guide, we will walk you through the IEPF claims process, explaining each stage in detail, and outlining how we can help you claim shares from IEPF or recover your unclaimed dividend from iepf.  Whether you are looking to recover Duplicate share certificate shares or get back lost dividends, we are here to make the process as easy and straightforward as possible.

 What is IEPF (Investor Education and Protection Fund)?

 The goal of the government's Investor Education and Protection Fund (iepf), which falls under the Ministry of Corporate Affairs (MCA), is to safeguard investors' interests. The fund holds assets such as unclaimed dividends, shares, debentures, and other securities that have remained unclaimed by the rightful owners for a specified period, usually seven years.

 Companies are required by law to transfer those assets to the IEPF when shareholders fail to encase their dividends or claim their shares. This includes shares or securities whose owners have not claimed them as well as dividends that have not been claimed. The IEPF's primary objective is to safeguard these unclaimed assets and return them to the shareholders who have a valid for them. Why You Should File an IEPF Claim

 To get your dividends or shares back, you need to make an IEPF claim if they haven't been claimed. If you don’t act, your shares or dividends may remain in the Duplicate share certificate, out of your reach.  You can regain control of your investments and ensure that you are the rightful owner of those shares or dividends by filing a claim. Here are some reasons why filing an IEPF claim is important:

 Recover Unclaimed Dividends:

 If you have not encased dividends over the years, these may have been transferred to the IEPF.  Filing an unclaimed dividend IEPF claim allows you to recover these amounts.

 Regain Ownership of Shares:

 If your shares have been transferred to the IEPF due to inactivity, IEPF shares recovery will allow you to regain ownership.

 Secure Your Financial Future:

 By recovering unclaimed shares and dividends, you can potentially increase your financial assets and reinvest them in lucrative opportunities.

 Avoid Missing Out:

 While unclaimed shares and dividends do grow and generate value if left in the iepf claim but in case there is a need they cannot be used.  A timely claim ensures you to have access of your legitimate wealth, when needed.

 Step-by-Step Process of Filing an IEPF Claim:

 The IEPF claims process involves several stages, each requiring detailed documentation and compliance with regulatory guidelines.  At Asset Retrieval Advisors, we streamline this process for you, ensuring your claim is processed efficiently.  Below is a detailed explanation of the steps involved in iepf claims and:

 1.  Data Gathering for Old Holdings:

 Gathering all pertinent information about your shareholding and unclaimed dividends is the first step in filing an IEPF claim. This information is crucial for verifying your ownership and initiating the recovery process.  What you will need is:-

 Folio Number: The folio number associated with your shareholding.

 Shareholding Details: How many shares you own and which companies they belong to. Dividend History: Information about any unclaimed dividends that may have been transferred to the iepf share transfer.

 Personal Details: Your name, address, contact information, PAN (Permanent Account Number), bank details and demit account details transfer.

 2.  Updating of KYC

 The second step is updating your KYC (Know Your Customer) details with the relevant authorities.  This ensures that the IEPF Authority has the most up-to-date information about your identity and shareholding status.  Incomplete or outdated KYC details can delay the claim process.  Documents are needed: PAN Card: A copy of your PAN card.

 Address Proof: A recent utility bill, Aadhaar card, passport, or bank statement as proof of address.

 Bank Account Details: A cancelled cheque or passbook showing your bank account details for the dividend credit.

 Demit Account Details: Client Master List having all the details related to your Demit account.

 3.  Share/Stock Holdings Confirmation from the Business The next step is to get confirmation from the company where your shares are held after you have updated your KYC information. You will need to verify whether your shares or dividends have been transferred to the iepf shares.

 Contact the Company: Contact the Company's Registrar or Transfer Agent. Obtain Confirmation Letter: Request an official letter from the company confirming that your shares or dividends have been transferred to the.

 4.  submitting iepf shares Form 5 Once you have the necessary information and confirmation, the next step is to fill out and file IEPF Form-5.  The official application for claiming transmission of shares or unclaimed dividends is this one. Form Completion: Complete the form accurately and include all required information, including your shareholding information, company information, and confirmation from the company. Document Submission: Include all pertinent documents, such as proof of your KYC, a confirmation letter from the company, and evidence of your unclaimed dividends or shares.

5.  Credit to Your Demit Account for Shares or Unclaimed Dividends The final step in the iepf shares recovery process is the credit of your recovered shares or unclaimed dividends into your demit account.

 Shares Credit: Your recovered shares will be credited electronically to your demit account.

 Dividend Credit: Any unclaimed dividends will be transferred to your bank account linked to you’re demit account.

 Final Confirmation: Once the shares or dividends are credited, you will receive confirmation from the company or your depository participant iepf shares recovery.

 Why Should You Use Asset Retrieval Advisors to Process Your IEPF Claims? Navigating the IEPF claims process can be complex, but with Asset Retrieval Advisors on your side, you have expert guidance at every step.  Our team brings years of expertise and a thorough understanding of the regulatory environment surrounding IEPF claims for unclaimed dividends and shares. Here’s why you should choose us Lost physical share certificate:

 Expert Advice: Our experienced professionals help you navigate the complexities of IEPF claims, from gathering data to filing IEPF Form-5.

Timely Processing:

 Your claim will be processed quickly and efficiently by us, minimizing any delays. Complete Service: We take care of everything, from gathering data to crediting shares and dividends at the end, so you won't have to worry about anything. Compliance Assurance:

 We make sure that all of your claims are in full compliance with IEPF rules, which makes it less likely that they will be rejected. Personalized Attention:

 We provide tailored solutions based on your specific needs, ensuring that your claims are successfully processed.

 Common Challenges in the IEPF Claims Process:

 While the IEPF claims process is straightforward, there are common challenges that many claimants face.  These consist of: Discrepancies in Shareholding Records shares transfer to iepf: It can be difficult to verify the transfer of a lost physical share certificate to the IEPF when businesses keep outdated or inaccurate shareholder records. Incomplete KYC Information: Your claim may not be processed at all if the KYC information you provide is out of date or not complete. Documentation Issues: Missing or incorrect documents can cause delays in the approval of your claim and.

 Processing Delays Despite the fact that the process can take some time, backlogs at the company or IEPF office or incomplete or incorrect filings frequently cause delays. Asset Retrieval Advisors is here to help you overcome these obstacles and guarantee the smoothest and most effective recovery of your IEPF shares. Conclusion:

 Start Making IEPF Claims Right Now: Keep your dividends and shares that you haven't claimed out of the IEPF. Asset Retrieval Advisors is here to make it easy for you to get your assets back. Your claim will be processed efficiently and effectively by our team of experts, who will walk you through each step of the shares transfer to iepf process and unclaimed mutual fund.

[investorlink]

IEPF Unclaimed Shares? Here’s How InvestorLink Helps You Get Them Back

Thousands of investors have unclaimed shares sitting with the IEPF. At Investorlink, we help you take control of your finances by assisting in claiming those shares. Our personalized support and expert handling make the process stress-free. Let us navigate the rules and paperwork for you. With Investorlink, recovering your shares is just a step away.

[infinysolution]

Forget NFTs, here’s why Nestle and HUL are what you need

As of February 2022, shares of Nestle India are floating in the market at a price of more than Rs 18,000 per share and the shares of HUL are floating at over Rs 2,000 per share. You may not be much of a trader, but what if you got to know that you actually happen to own some shares of these companies? This happens when the recovery of shares is overdue. Let’s learn more about what they are and how they could make you a fortune.

Role of IEPF in the case of unclaimed shares

The government of India created the Investor Education and Protection Fund (IEPF) to educate investors and safeguard them from losing control of their assets and stock. There are innumerable instances of investors failing to appoint a nominee for their shareholdings. This means that if the investor passes away, their investments are transferred to the government along with any unclaimed dividend money. These funds may then be used by the government as they deem fit unless the investor’s rightful heirs make their claim. The IEPF allows and encourages investors to contact the government to demand their dividends and request that their long-forgotten shares be refunded thereby facilitating lost shares recovery. The IEPF was established with the shareholders’ best interests in mind and it helps safeguarded the monies of investors while also raising awareness about the issue.

Investors can petition the government to receive the unclaimed dividends and unclaimed shares up to 7 years after they were deemed lost. Typically, people used to approach respective companies individually to get information about and then collect their dividends and shares. However, the IEPF is a one-stop solution that enables the public to claim their rightful inheritance from multiple companies through a single channel when it comes to the matter of recovery of unclaimed shares.

Why Nestle can be your ideal investment

The present status of the dividends and shares of a firm that are transferred to the IEPF account is stated in the company’s annual reports. All unclaimed dividends dating back to the financial year 1995-1996 that remained due and unclaimed with the business were transferred to the Central Government’s general revenue account, according to Nestle India Ltd.’s Annual Report for 2019-2020. Below is a snapshot of the value of the latest dividends that were transferred and are now up for IEPF claim.

Over the years, Nestle has also rewarded its investors with a generous number of bonus shares. Below is a history of bonus shares announcements by the company and what it means for an investor.

100 shares of Nestle India owned in 1982 would turn into 960 shares less than 15 years later. This coupled with the generous dividends that the company pays makes it a hugely profitable investment. To date, the company has distributed 60 dividends totaling Rs 1,292.5 per share to its shareholders. As per the latest available data, the company most recently announced a dividend of Rs 196 per share.

Let’s visualise the financials at stake in this case with an example.

Let’s assume you have 500 shares of Nestle India Ltd. registered under your name. The price of 1 share of Nestle India Ltd. as of February 2022, is Rs 18,515. Therefore, the value of your shares as of today is Rs 18,515 x 500 shares = Rs 92,57,500 (Ninety two lakhs, fifty-seven thousand and five hundred rupees).

However, this only takes into account the share price and not the dividends attributed to those shares. The amount of dividend received thus far (from 2001) is Rs 1,292.5 x 500 shares = Rs 6,46,250 (Six lakhs, forty six thousand, two hundred and fifty).

Dividend received in the latest financial year amounts to Rs 196 x 500 shares = Rs 98,000 (Ninety eight thousand).

Putting all these figures together makes you a crorepati!

Assume you made a long-term investment in this firm and then completely forgot about its stock. Alternatively, you may have inherited some shares from a deceased family member that you were unaware of. As a result, you would not have claimed any dividends on these shares for the past seven years. In this case, the shares would have been moved to the Government’s IEPF account, and they are no longer in your ownership. This does not necessarily imply that you are no longer the legal owner of such shares. The main difference is that the government holds your shares and dividend amount in trust on your behalf. You can always make an IEPF shares claim from the government.

How Rs 2430 invested in HUL in 1978 can be worth over Rs 13 crores today

Hindustan Unilever Limited’s stock has risen dramatically over the years, prompting the company to issue bonus shares and divide its equity. We’ll see how, at today’s rates, even a small investment in Hindustan Unilever Limited could be worth crores. Let’s look at a hypothetical situation to better comprehend the growth of the company.

Suppose an investor had 900 shares of Hindustan Unilever Limited registered in 1978 which would have cost approx Rs 1200 considering the share price of HUL at the time was around Rs 2.7 per share. The prices of Hindustan Unilever Limited shares have kept on increasing since 1978 and the company has announced bonus shares on numerous occasions during that time period as well. As a result of those bonuses and the share splits announced by HUL, those 900 shares will be equivalent to 57,600 shares today.

This means that as per February 2022 share prices, you would stand to gain a fortune of 57,600 shares X Rs 2,332.95 = Rs 13,43,77,920 (Thirteen Crores, forty-three lakhs, seventy seven thousand, nine hundred and twenty).

The above figure only accounts for the share price and not the dividend declared. HUL has declared both interim and final dividend over the years which has been exponentially rising. In 2021, the company declared a mammoth dividend of Rs 17,000 per share! The calculator of the payout basis 57,600 shares in the previous example is something that we will leave to you.

IEPF shares recovery process

The process of IEPF recovery is rife with hurdles and often specialised knowledge from experts may be required. It involves the following steps:

Making your IEPF claim

By now we have learned how HUL or Nestle shares purchased decades ago may be worth crores in today’s market. We have also learned how the process of recovery of shares from IEPF would be quite advantageous for investors, but tedious in nature. This is due to the fact that the procedure necessitates continual communication with nodal offices of the company, IEPF department, and registrar This may prove to be a lot of work for busy investors. This is where the team of experts at Infiny Solutions (add website hyperlink) can come to your rescue. Our experienced professionals have successfully completed the recovery of lost shares of Nestle, HUL, and many other companies for numerous clients over the years. If you think you may have inherited HUL or Nestle shares from someone in your family, we can help process your claim even if the share certificate in your possession is mutilated or you only have partial information about a potential claim. As part of our exclusive services, we facilitate the process through respective registrars, nodal officers, and IEPF till the very end when your claim is eventually sanctioned. All you have to do is sit back and wait for a fortune to be credited to your account!

Blog Source:- https://infinysolutions.com/forget-nfts-heres-why-nestle-and-hul-are-what-you-need/

[legaladvisorr]

Is Your Unclaimed Stock Dividend Pending?

Recover your unclaimed stock dividend today!

"Any money as a dividend that cannot be collected by an investor within 7 years and 37 days from the date of its declaration of a dividend will be transferred by the firm, along with any interest accrued, if any, to Investor education and protection fund," according to a new law.

You should be aware that the corporation will transfer all shares in the name of IEPF if unclaimed stock dividends have been pending for seven years or longer. Many people's shares have been transferred under the name of IEPF in the last 7-8 months.

*For the lost shares certificate solution, send your query at muds.co.in

The Investor Education and Protection Fund (IEPF) Authority, which is part of the Ministry of Corporate Affairs of the Government of India, has announced that investors and depositors who had their due dividends moved to the IEPF can now get a refund.

As a regular person, you may have difficulty recovering such shares from the IEPF in their name.

With N200 billion in unclaimed stock dividends, here's how to get your money through the Securities and Exchange Commission's e-Dividend Portal.

·         Register through the SEC e-Dividend Portal. ...

·         Look for a list of your company's stock.

·         Determine the number of unclaimed stock dividends you have.

·         Fill out the e-Dividend Mandate form provided by your registrar.

·         Claim your unclaimed stock dividends by submitting completed paperwork.

Send your queries for unclaimed stock dividends at muds.co.in to recover all your money from long pending dividends. Also, if you are suffering to find a solution for a lost shares certificate, then MUDS is the best option for you. You can recover all your shares without waiting for your lost shares certificate. 

[shobhit2247]

Is Your Unclaimed Stock Dividend Pending?

Recover your unclaimed stock dividend today!

"Any money as a dividend that cannot be collected by an investor within 7 years and 37 days from the date of its declaration of a dividend will be transferred by the firm, along with any interest accrued, if any, to Investor education and protection fund," according to a new law.

 You should be aware that the corporation will transfer all shares in the name of IEPF if unclaimed stock dividends have been pending for seven years or longer. Many people's shares have been transferred under the name of IEPF in the last 7-8 months.

 *For the lost shares certificate solution, send your query at muds.co.in

 The Investor Education and Protection Fund (IEPF) Authority, which is part of the Ministry of Corporate Affairs of the Government of India, has announced that investors and depositors who had their due dividends moved to the IEPF can now get a refund.

As a regular person, you may have difficulty recovering such shares from the IEPF in their name.

 With N200 billion in unclaimed stock dividends, here's how to get your money through the Securities and Exchange Commission's e-Dividend Portal.

Register through the SEC e-Dividend Portal. ...

Look for a list of your company's stock.

Determine the number of unclaimed stock dividends you have.

Fill out the e-Dividend Mandate form provided by your registrar.

Claim your unclaimed stock dividends by submitting completed paperwork.

 Send your queries for unclaimed stock dividends at muds.co.in to recover all your money from long pending dividends. Also, if you are suffering to find a solution for a lost shares certificate, then MUDS is the best option for you. You can recover all your shares without waiting for your lost shares certificate.