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Recover Unclaimed Shares of Divi's Laboratories Limited From IEPF
26, Mar 2026
If you are the legal heir to unclaimed shares or dividends of Divi’s Laboratories, this guide will walk you through the steps to recover them from IEPF with the help of Share Samadhan.
About Divi’s Laboratories
Divi’s Laboratories was established in 1990 by scientist Dr. Murali K. Divi. The company is a leading manufacturer of active pharmaceutical ingredients (APIs), which are exported to over 100 countries. Divi’s has three research and development centers, three manufacturing facilities, and more than 20,000 employees. The company manufactures 30 high-quality products, which include carotenoids and generic APIs that are in high demand globally.
Historical Data on the Shares Issued by Divi’s Laboratories
Divi’s Laboratories conducted its initial public offering (IPO) in 2003, and trading on the stock exchange began on 12 March of the same year. They released 32,04,684 shares to the public. The shares were issued in 2 parts:
- The First Part: Fresh Issue of New Shares
12,69,673 new shares were created and issued. Each share had a face value of ₹10. They were sold to the public at ₹140 per share. Money from this part, around ₹17.78 crore, went directly to the company to fund its operations.
- The Second Part: Offer for Sale
An OFS, a.k.a. Offer for Sale, refers to the shares that existing promoters and existing shareholders sell. 19,35,011 existing Divi’s Laboratories shares were sold by current shareholders. These also had a face value of ₹10 and were sold at ₹140 per share. Money from this part, around ₹27.09 crores, went to those selling shareholders, and not the company.
To sum up, the total public issue was 32,04,684 shares in total. All were sold at ₹140, and the total raised from the public was to the amount of ₹44.87 crore.
Divi's Laboratories Ltd. is listed on:
- BSE Limited (BSE) — ticker code 532488
- National Stock Exchange of India Limited (NSE) — ticker symbol DIVISLAB
Present Details of Divi’s Laboratories
As a ₹1.7 trillion-cap company with a presence in both NSE and BSE, Divi’s Laboratories is considered a large-cap, blue-chip pharmaceutical/healthcare stock.
Divi’s was earlier a part of the major large-cap index NIFTY 50. The high share price and valuation reflect that it’s not a “small-cap/risk” bet, but a mature, large-player stock with substantial liquidity.
- The present market cap is approximately ₹1.73 trillion.
- The latest share price (on NSE) is ₹6,511.50.
How Do Unclaimed Investments of Divi’s Laboratories Get Transferred to IEPF?
Any unclaimed investment you may have belonging to Divi’s Laboratories might have been transferred to IEPF for the following reasons:
- Change of address
- The original investor passed away, and the legal heirs are unaware
- Physical share certificates have been lost
- Unclaimed dividend warrants were not encashed
- No communication with the company for over 7 years
In India, dividends that remain unclaimed for over 7 years must be moved to the IEPF authority. This happens in three stages:
- Dividends remain unclaimed for 7 consecutive years
If a shareholder does not claim the dividend for seven straight years, the law assumes the shareholder is inactive, unreachable, or the shares are lost.
2. The company, in this case, Divi’s Laboratories, must transfer the shares to the IEPF authority.
The shares are transferred from the shareholder’s folio/demat to the IEPF’s demat account. The folio is marked as transferred to IEPF. This is mandatory under Rule 6 of the IEPF Authority Rules.
3. Once the transfer is done, the shares no longer appear in your demat or physical folio.
The shares are now held by the IEPF Authority. You can claim these shares back either directly from IEPF or through our share recovery services
How to Recover Your Unclaimed Shares of Divi’s Laboratories
- Step 1: Confirm whether your shares/dividends were transferred to IEPF
Check with Divi’s Laboratories’ Registrar & Transfer Agent (RTA) or investor relations/IEPF nodal officer to confirm whether the shares or dividends in your name were actually transferred to IEPF.
Ask for a certificate/letter of entitlement or a statement showing year-wise dividend entitlement and confirmation of transfer to IEPF.
You need to complete this step to establish that Divi’s Laboratories has transferred the shares/dividends to IEPF before you file a claim.
- Step 2: Register and then log in to the IEPF portal
Go to the Ministry of Corporate Affairs portal and register (if not already registered) and then log in. The claim is submitted online as Form IEPF-5.
- Step 3: Prepare documents required to submit Form IEPF-5
Collect and scan the documents you will upload with Form IEPF-5.
Typical documents required include:
- PAN card (self-attested)
- Aadhaar or other identity & address proofs
- Client Master List (CML) / demat statement showing your holdings
- Copy of share certificate(s) (if physical) or proof of entitlement generated by the company or its RTA.
- Dividend warrants/details of unpaid dividends (if available).
- Cancelled cheque or bank passbook page (for bank details).
- Advance receipt (Annexure I) and Indemnity bond (Annexure II).
- If the shareholder is deceased, then you will require the death certificate, succession certificate/Legal Heir certificate, and probate (as applicable).
Note: Always follow the instruction kit for Form IEPF-5 for field-level details.
- Step 4: Fill and submit Form IEPF-5. You can do this online.
Complete the Web Form IEPF-5 with correct details. Save and submit. You will get a unique Service Request Number (SRN) / acknowledgement after submission. Keep this SRN for tracking.
- Step 5: Send physical documents to the company/RTA
Print the completed Form IEPF-5 and the acknowledgment (SRN). Sign the form where required and send the signed physical set of documents to the company’s IEPF Nodal Officer / RTA at the company’s registered office. Label the envelope as “Claim for refund from IEPF Authority.”
Note: The exact postal address and contact details of Divi’s Laboratories’ nodal officer should be available on their website.
- Step 6: Company verification and submission to the IEPF Authority
On the receipt of your physical documents, the company’s nodal officer / RTA will verify the claim and the supporting documents, and prepare and upload a verification report to the IEPF Authority within the timelines prescribed.
- Step 7: IEPF Authority review and decision
The IEPF Authority reviews the application and documents. It may ask the claimant for additional information or clarification. If the claim is complete and valid, the Authority issues a refund sanction order for shares and the unclaimed dividend to be credited to your demat account.
- Step 8: Credit to Demat / payment to bank account
Once IEPF approves the claim, the Authority arranges credit of the approved number of shares to the claimant’s demat account. For monetary amounts (dividends), the Authority arranges e-payment to the bank account provided.
- Step 9: Track your application
Use the SRN to track the status of your IEPF-5 application on the MCA/IEPF portal. The company’s nodal officer can also update you on the verification stage.
How Share Samadhan Helps You Recover Your Divi’s Laboratories Shares
Recovering lost or unclaimed investments can be a lengthy and legally demanding process. Share Samadhan streamlines every stage with expert-driven support.
- Our share recovery services help you trace unclaimed shares and verify your entitlement.
- Preparation of affidavits, indemnity bonds, and succession-related documents.
- Accurate drafting and submission of IEPF Form-5 and supporting paperwork.
- Direct follow-up with ATGL and its Registrar & Transfer Agent to expedite verification.
- Assistance with demat formalities, dividend recovery, shares recovery, and all related requirements.
For NRIs, we also provide:
- POA & Apostille Assistance
- Remote Processing without the need for you to be physically present in India.
- Handling multi-jurisdictional compliance documentation and communication seamlessly.
Dividend History Table
Source: https://www.moneycontrol.com/company-facts/divislaboratories/dividends/DL03/
Share Price Growth Graph
Source: https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/divislaboratories/DL03
Conclusion: Why Choose Share Samadhan’s Share Recovery Services?
Reach out to us for share recovery services in case you have lost, forgotten, or have unclaimed shares and dividends from Divi’s Laboratories. We will set up a meeting with you to ascertain if it is feasible for us to take up your case. Then we will assign a manager to guide you through the entire process and help you with the share recovery process.
Frequently Asked Questions:
1. Are dividends also recoverable with the shares?
Yes. Along with share recovery, all related unclaimed dividend amounts transferred to IEPF can also be claimed through the same process.
2. How to claim shares and dividends from IEPF?
Submit Form IEPF-5 online, send supporting documents to the company’s nodal officer, and the IEPF Authority will process your claim for unclaimed investment, unclaimed dividend, and shares recovery.
3. What if I don’t have the original share certificate?
You can still recover your holdings. The company or RTA will verify your entitlement using internal records, and shares recovery services can guide you through the required affidavits and indemnity documents.
4. Can NRIs recover Divi’s Laboratories shares without visiting India?
Yes. NRIs can recover unclaimed investment and shares from IEPF remotely through apostilled documents and Power of Attorney support.
5. What is the timeline for recovering Divi’s Laboratories shares from IEPF?
On average, the shares recovery process takes a few months, depending on document accuracy and how quickly the company and IEPF Authority complete verification.
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