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How to Recover Shares of Hindustan Zinc Limited (HZL) from IEPF with Share Samadhan

06, Aug 2025
How to Recover Shares of Hindustan Zinc Limited (HZL) from IEPF with Share Samadhan

Have you or your family lost track of shares once purchased in Hindustan Zinc Limited? You're not alone. With decades of transitions, mergers, and regulatory updates, many investors have seen their shares transferred to the Investor Education and Protection Fund (IEPF). But there is good news—these shares are not lost forever. They can be recovered.

This blog provides a step-by-step guide to reclaiming your HZL shares, outlines the company’s historical milestones, and explains how Share Samadhan can assist in retrieving what’s rightfully yours.

About Hindustan Zinc Limited (HZL)

Hindustan Zinc Limited (HZL), a subsidiary of Vedanta Limited, is India’s only and the world’s second-largest integrated producer of zinc. Listed on the NSE and BSE, it operates across five districts in Rajasthan and one in Uttarakhand, managing mines, smelters, and a silver refinery. With an average zinc-lead grade of 6.5%, HZL has a resource and reserve base of 453.2 million tonnes and a mine life of over 25 years. Vedanta owns 63.42% of the company, while the Government of India holds 27.92%.

HZL has a strong legacy, beginning as a public sector undertaking and transitioning to private ownership under Vedanta Group. Today, it remains a market leader in India’s zinc industry and ranks among the top 5 global silver producers.

Year-wise History of Hindustan Zinc Limited

Why HZL Shares Get Transferred to IEPF

According to the Companies Act, 2013, if a shareholder fails to claim dividends for 7 consecutive years, both the dividends and underlying shares are transferred to the IEPF. Some common reasons include:

  • Death of shareholder without informing heirs.

  • Change in contact details not updated.

  • Physical shares not dematerialized.

  • Misplaced share certificates or folio numbers.

Step-by-Step Guide to Recover Shares from IEPF

Step 1: Check Eligibility

 Ensure you are either the shareholder or the legal heir/nominee.

Step 2: Search Your Name on IEPF Website

 Go to iepf.gov.in and search by shareholder name or company name.

Step 3: Fill and Submit IEPF Form-5

 Provide PAN, contact details, bank account, and demat information.

Step 4: Submit Physical Documents

 Send printed Form-5 along with:

  • PAN & Aadhaar (or Passport for NRIs)

  • Demat client master report

  • Cancelled cheque

  • Shareholding proof (old certificates or statements)

  • Legal heirship documents (if applicable)

Step 5: Verification & Approval

 The company and RTA verify documents before sending them to IEPF Authority.

Step 6: Reclaim Shares and Dividends

 Once approved, shares are transferred back to your demat account and unclaimed dividends are credited to your bank.

Dividend History Table of Hindustan Zinc Limited Here

Source: https://www.moneycontrol.com/company-facts/hindustanzinc/dividends/HZ/ 

Share Price Graph of Hindustan Zinc Limited:

Source: https://www.moneycontrol.com/india/stockpricequote/metals-non-ferrous/hindustanzinc/HZ 

How Share Samadhan Makes It Easy

Share Samadhan has helped thousands of investors recover dormant and unclaimed shares, including those of HZL. Here’s how we help:

  • Track folios and trace lost shareholdings

  • Assist in filling and filing IEPF Form-5

  • Ensure documentation is complete

  • Coordinate with HZL and its RTA

  • Help with legal succession documents and affidavits

  • Offer full support to NRIs (including POA and notarization)

With our assistance, you don’t have to handle any of the legal or procedural hassle alone.

Why You Should Act Now

  • Shares of HZL have appreciated significantly since privatization.

  • Unclaimed dividends also accumulate interest.

  • Proactive recovery helps in estate consolidation and tax planning.

  • IEPF shares can only be claimed within legal time limits.

FAQ 1: What causes shares of Hindustan Zinc to be transferred to IEPF?

 Shares are transferred to the Investor Education and Protection Fund (IEPF) if dividends on them remain unclaimed for seven consecutive years. This usually happens when shareholders are unaware of their investments, change contact details without updating records, or in cases of inheritance where legal heirs don’t know about the holding. Physical share certificates that were never dematerialized are also a common reason. Once transferred, both the shares and dividends must be claimed from IEPF.

FAQ 2: Can I recover shares of a deceased parent from IEPF without original share certificates?

 Yes, even if you don’t have the original certificates, shares can still be recovered. You’ll need valid documents like a death certificate, succession certificate/legal heirship proof, PAN, Aadhaar, and a demat account. Share Samadhan helps in tracing folio numbers, filing IEPF Form-5, and coordinating with Hindustan Zinc and its RTA. Legal affidavits or indemnity bonds may be required, but recovery is absolutely possible with proper documentation and expert guidance.

FAQ 3: How long does it typically take to recover Hindustan Zinc shares from IEPF?

 The timeline varies by case complexity but usually takes 8 months to 1.5 years. This includes online submission of Form IEPF-5, dispatching physical documents to the company and RTA, and IEPF authority verification. Delays often occur due to incomplete paperwork, incorrect demat details, or missing succession documents. With Share Samadhan’s assistance, the process is handled smoothly with expert follow-ups, reducing delays and ensuring that all requirements are met correctly and on time.

FAQ 4: Can I recover dividends along with the shares transferred to IEPF?

 Yes, all unclaimed dividends associated with the transferred shares can be claimed along with the shares. Once your Form IEPF-5 is approved and the documents verified, dividends for all relevant years are credited to your linked bank account. However, you must claim within the timeframe mandated by the IEPF—especially for dividends transferred from the Senior Citizen Welfare Fund. Share Samadhan ensures no step is missed while helping you recover both shares and dividends.

FAQ 5: Why should I choose Share Samadhan to recover Hindustan Zinc shares from IEPF?

 Recovering shares from IEPF involves legal formalities, coordination with multiple authorities, and technical paperwork. Share Samadhan simplifies the process by offering end-to-end support—identifying unclaimed holdings, filing Form IEPF-5, compiling documentation, and liaising with Hindustan Zinc, its RTA, and IEPF. For NRIs, we also assist with apostille, POA, and remote documentation. Our team ensures timely, error-free processing so you can reclaim your rightful assets without stress or confusion.

FAQ 6: I’m aware that my family owned HZL shares, but I don’t know the folio number or where the records are. Can the shares still be recovered?

 Yes. Even if you don’t have the folio number, demat details, or physical certificates, lost shares can still be traced. Using basic information like the shareholder’s full name, father’s name, and purchase-time address, Share Samadhan can help locate the holdings through company and registrar archives—making recovery possible even without documentation.

Conclusion

Hindustan Zinc Limited has been a vital part of India’s industrial story. If your or your family’s investment in HZL has gone dormant or unclaimed, now is the time to recover it. Share Samadhan ensures that your claims are handled with expertise, speed, and compliance.

Don’t let your family’s legacy remain unclaimed. Get in touch with Share Samadhan today.

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