a

Blog Details

Reclaiming Unclaimed Dividends and Shares with Your Personal Very Own Financial Consultant

22, Nov 2023
Reclaiming Unclaimed Dividends and Shares with Your Personal  Very Own Financial Consultant

Investors often find themselves unintentionally forfeiting their rightful ownership and financial benefits due to neglecting unclaimed dividends and shares. In this comprehensive blog, we will delve into the intricacies of how to claim dividends and shares, explore the reasons behind their existence, and provide a step-by-step guide on reclaiming what rightfully belongs to you. Understanding the process of claiming through the Investor Education and Protection Fund (IEPF) ensures that you protect your financial interests and maximize the returns on your investments.

Understanding Unclaimed Dividend and Shares

Unclaimed dividends denote declared dividend amounts that shareholders fail to claim within a specified timeframe. Common reasons for unclaimed dividends include changes in address, misplaced checks, or simple oversights. As per the Companies Act 2013, companies must transfer unclaimed dividends to a designated bank account, known as the Unpaid Dividend Account. This account is maintained for seven years from the due date of payment. After this period, unclaimed amounts are transferred to the Investor Education and Protection Fund (IEPF), a government-established fund.

To claim unclaimed shares, shareholders must submit a claim application to the company, accompanied by identification and address proof. The company then verifies the claim's authenticity before releasing the amount to the shareholder. It's imperative for shareholders to keep their contact details updated with the company to ensure smooth communication regarding dividends and other corporate actions.

On another note, the dematerialization (Demat) of shares involves converting physical share certificates into electronic format. This process, facilitated by opening a Demat account with a depository participant, enhances transaction efficiency, reduces paperwork, and offers convenience and safety to investors.

Search Your Unclaimed Money in India with Share Samadhan

Share Samadhan stands as a beacon of trust and reliability in the realm of unclaimed investments. Our track record speaks volumes, having successfully unlocked several crores, bringing hope and relief to numerous investors who had lost faith in recovering their funds. 

It's about Understanding Your Needs

At Share Samadhan, our cutting-edge lies we believe in offering a one-window, customized service. We create tangible value for your blocked investments. Our approach is not generic; it's tailor-made. Whether it's the transfer of shares and mutual funds, the transmission of shares to legal heirs, or the demat of shares linked to unclaimed dividends, bonuses, and split shares, our goal is to maximize your wealth. Each assignment is treated as a unique case, receiving thorough research and a personalized solution rather than a 'one size fits all' approach.

It’s about Walking Extra Miles

In Share Samadhan, we empathize with the challenges you face in recovering your money. Resolving issues related to unclaimed investments requires expertise, and we are the experts ready to walk with you with a smile. Acting as a bridge between you and the company, we take on the responsibility of resolving issues. We engage with relevant authorities, handle all the legwork, and endure the pain of lengthy legal procedures on your behalf. Once we enter into an agreement, your hassle becomes ours. Rest assured, we are committed to walking those extra miles to rightfully retrieve your money.

Experience and Expertise

Share Samadhan boasts a dedicated team of professionals and researchers equipped with niche experience in handling complex issues of unclaimed investments. Our team is not only professional and diligent but also well-networked. We maintain clear communication with you throughout the process, ensuring you are informed until the delivery of your precious investments in an updated form. With an extensive database comprising details of rightful owners of shares and mutual funds who have not claimed their investments, Share Samadhan is at the forefront of unlocking valuable investments lying dormant in the system.

We focus on results, understanding that it's all about delivery. At Share Samadhan, we have incredible success stories to share.

 How Share Samadhan Can Help You:

1. Tailor-Made Solutions: Our one-window, customized service ensures that each case is approached uniquely, providing solutions tailored to your specific needs.

2. Expert Guidance: With a team of professionals and researchers specializing in unclaimed investments, we navigate the complexities on your behalf.

3. Efficient Resolution: We act as a bridge between you and the company, streamlining the resolution process and handling all the necessary legwork.

4. Extensive Database: Our database contains details of rightful owners of unclaimed investments, enhancing our ability to track and recover your funds effectively.

5. Commitment to Results: Share Samadhan is dedicated to delivering results, ensuring that your wealth is rightfully returned to you.

Partner with Share Samadhan and let us be your trusted ally in reclaiming your IEPF unclaimed dividends that rightfully belong to you. Your wealth deserves to be unlocked, and we have the expertise to make it happen.

Share

Insurance Claim Missing Money IEPF Claim Lost Share

Find Your Missing Money!

  • Don’t Know the Missing / Lost or forgotten Investment ?
  • Please give your brief information
  • We will search for you/your family’s Investment
  • We will not charge any fee for basic search (FREE for Limited period )​

Choose Investment to be searched