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Procedure for Claiming Shares / Dividend
Procedure for Claiming Shares / Dividend |
Pursuant to the provision of Section 124 of the Companies Act, 2013 and the Investor Education and Protection Fund (Accounting, Audit,Transfer and Refund) Rules, 2016 (the Rules), as amended from time to time, all the share(s) in respect of which dividend has not been paid or claimed for seven consecutive years and the dividend declared for Financial Year 2015-16, which remains unpaid or unclaimed for a period of seven years shall be liable to be transferred to Investor Education and Protection Fund (IEPF) Authority, after November 4, 2023, within due date. Shareholders are requested to claim their share(s) and/or unpaid / unclaimed dividend, as stated above by making an application in the “Application cum Undertaking”, on or before November 04, 2023 and send it to KFin Technologies Limited, Registrar and Transfer Agent (RTA) failing which the same shall be transferred to the IEPF Authority without any further notice. |
We give below the link to get the Application cum Undertaking to claim the share(s) and/or unpaid / unclaimed dividend: IEPF Letter & Application cum Undertaking 2024 |
Procedure for Claiming Shares / Dividend from IEPF |
We would like to inform you that in accordance with the requirements as set out in the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 ("the Rules") as amended, the Shares in respect of dividend declared for the Financial Year 2009-10 which remained unclaimed for seven consecutive years were transferred to Investor Education and Protection Fund (IEPF). Shareholders who desire to claim transferred shares from IEPF Authority, are required to follow the procedure as outlined in Rule 7 of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. |
We give below the link to get the desired forms to claim the refund. http://iepf.gov.in/IEPFA/refund.html |
1. | Download the form IEPF-5 from the website of IEPF (http://www.iepf.gov.in) for filing the claim for refund. Read the instructions provided on the website/instruction kit along with the e-form carefully before filling the form. |
2 | After filling the form save it on your computer and submit the duly filled form by following the instructions given in the upload link on the website. On successful uploading an acknowledgement will be generated indicating the SRN. Please note the SRN for future tracking of the form. |
3 | Take a printout of the duly filled IEPF-5 and the acknowledgement issued after uploading the form. |
4 | Submit indemnity bond in original, copy of acknowledgement and self-attested copy of e-form along with the other documents as mentioned in the Form IEPF-5 to Nodal Officer (IEPF) of the company at its registered office in an envelope marked "Claim for refund from IEPF Authority". |
5 | Claim forms completed in all aspects will be verified by the concerned company and on the basis of company's verification report, refund will be released by the IEPF Authority in favor of claimants' Aadhaar linked bank account through electronic transfer. |