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Recovering Lost Adani Green Energy Limited Shares from IEPF- A Complete Guide

19, Mar 2025
Recovering Lost Adani Green Energy Limited Shares from IEPF- A Complete Guide

Adani Green Energy Limited (AGEL) is one of India's leading renewable energy companies, playing a crucial role in the country’s shift toward sustainable energy. With a project portfolio of 20,434 MW, AGEL is a key player in solar, wind, and hybrid energy projects. The company operates across 11 Indian states, establishing large-scale grid-connected renewable energy projects through long-term Power Purchase Agreements (PPAs) with government entities.

Founded in 2015 as a subsidiary of Adani Enterprises Limited (AEL), Adani Green Energy Limited has grown rapidly, expanding its presence in both solar and wind energy sectors. The company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), making it a significant investment opportunity for shareholders.

However, many shareholders are unaware that unclaimed dividends and shares may be transferred to the Investor Education and Protection Fund (IEPF) if left unclaimed for seven consecutive years. This blog explains how AGEL shareholders can recover their lost shares and dividends from IEPF through a structured process.

Market Position and Growth of Adani Green Energy Limited

AGEL has made remarkable progress in the renewable energy sector, adding 2,676 MW of renewable capacity in a single year and securing multiple long-term power supply agreements. Some key highlights include:

  • Operational Projects: 5,410 MW already in service.

  • Under Construction: 15,024 MW in development.

  • Hybrid Energy Leadership: AGEL operates India's first hybrid energy park, optimizing both solar and wind infrastructure.

  • Global Collaborations: Partnerships with Total Solar Singapore Pte Ltd and acquisitions of Softbank’s renewable portfolio.

As a result, AGEL’s market capitalization has increased significantly, making it a valuable asset for shareholders.

Why Do Adani Green Energy Limited Shares and Dividends Become Unclaimed?

Investors may lose track of their dividends or shares due to several reasons:

  • Address or Contact Changes: Shareholders may forget to update their information with the company.

  • Inactive Bank Accounts: If dividends are credited to a closed or dormant account, they go unclaimed.

  • Lost Share Certificates: Physical certificates may be misplaced over time.

  • Uninformed Legal Heirs: If a shareholder passes away, heirs may not be aware of the investment.

  • Ignored Notifications: Many shareholders do not respond to dividend payout communications.

Unclaimed dividends and shares are eventually transferred to the IEPF under the Companies Act, 2013. However, investors or their heirs can still recover them by filing a claim.

Adani Green Energy Limited Share Price Movement

SOURCE: https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/adanigreenenergylimited/ADANI54145

How to Claim Lost Adani Green Energy Limited Shares and Dividends from IEPF

Step 1: Check Eligibility for Claiming from IEPF

Before initiating the recovery process, shareholders should verify if their shares or dividends have been transferred to IEPF:

  1. Visit the IEPF website: https://www.iepf.gov.in/IEPF/refund.html

  2. Enter relevant details such as Folio/DP ID or shareholder name to check if unclaimed assets are listed under IEPF.

Step 2: Gather Required Documents

Once eligibility is confirmed, shareholders need to collect the necessary documents, including:

  • Self-attested PAN and Aadhaar copies

  • Bank passbook or a canceled cheque for receiving the refund

  • Demat account statement or a physical share certificate

  • Indemnity bond notarized on stamp paper

  • Affidavit notarized on stamp paper

  • Form IEPF-5 (downloaded from the IEPF portal)

Step 3: Submit the IEPF Claim

  1. Fill out Form IEPF-5 online through the IEPF website.

  2. Print and sign the form, attach all required documents, and send them to AGEL’s Nodal Officer.

  3. The company will review and verify the claim before forwarding it to the IEPF Authority for approval.

Step 4: Processing by IEPF Authority

  • The IEPF Authority verifies the documents and processes the refund request.

  • Upon successful verification, the shares are credited back to the investor’s Demat account.

  • Dividends are transferred to the registered bank account.

Step 5: Tracking IEPF Claim Status

  • Visit the IEPF portal and navigate to ‘Track Claim Status’.

  • Enter the acknowledgment number received after form submission.

  • The system will display the status as Pending, Under Process, Approved, or Rejected.

Benefits of Reclaiming Adani Green Energy Limited Shares and Dividends

1. Recovering Lost Financial Assets

Reclaiming shares ensures that investors regain ownership of assets that may have appreciated in value.

2. Protecting Shareholder Rights

Recovering shares prevents ownership loss and secures the shareholder’s legal rights.

3. Avoiding Legal Complexities

Prolonged unclaimed assets can lead to legal disputes, especially for heirs.

4. Streamlined Recovery Process

IEPF provides a structured approach to reclaiming shares and dividends, making it accessible for investors.

How Share Samadhan Can Assist You

While the IEPF process is well-defined, it can be lengthy and require precise documentation. Share Samadhan specializes in assisting shareholders in recovering their Adani Green Energy Limited shares and dividends from IEPF with ease.

Why Choose Share Samadhan?

✔ Experienced Team: Ensures proper documentation and avoids errors in submission. 

✔ Simplified Process: Manages paperwork and communication with authorities. 

✔ Quicker Processing: Speeds up claim verification and approval. 

✔ Legal Support: Provides assistance for complex inheritance-related claims.

If your Adani Green Energy Limited shares and dividends are stuck in IEPF, contact Share Samadhan today to recover your assets without complications.

FAQs

1. How do I check if my Adani Green Energy Limited shares are in IEPF?

Visit the IEPF website and search for unclaimed shares using your Folio/DP ID or shareholder name.

2. What happens if I don’t reclaim my shares from IEPF?

The shares will remain with IEPF, making them harder to recover in the future.

3. Can legal heirs claim Adani Green Energy Limited shares from IEPF?

Yes, legal heirs can claim shares by providing succession certificates or other legal documents.

4. How long does the IEPF recovery process take?

It typically takes 3 to 6 months, depending on document verification and approval timeframes.

5. Can I file an IEPF claim online?

Yes, Form IEPF-5 must be submitted online, followed by sending physical documents to the company’s Nodal Officer.

Reclaiming Adani Green Energy Limited shares and dividends ensures that your investments are secure and accessible. Stay proactive, recover your assets, and protect your financial interests today!

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