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All about IEPF claim of MRF shares / unclaimed dividend of MRF shares

All about IEPF claim of MRF shares / unclaimed dividend of MRF shares

29, Apr 2021

All about IEPF claim of MRF shares / unclaimed dividend of MRF shares

The following information will help you with necessary details for IEPF claim of MRF shares as well as Unclaimed dividend claim of MRF shares

  • Key information about MRF company :
    • Name : MRF Limited
    • ISIN : INE883A01011
    • CIN (Corporate Information Number): L25111TN1960PLC004306
    • Registered office address :
    • Registrar & Transfer Agent :

 

Historical Corporate Action: MRF Bonus, MRF Split and MRF Dividend

  • Bonus :

Announcement Date

Bonus ratio

Record Date

02-04-1975

1:2

 

 

02-04-1970

3:10

 

 

 

Split :

 

Announcement Date

Old Face Value

New FV

Ex Split date

No split of MRF shares till date

 

 

 

 

 

  • Final Dividend of 7 year :

 

Effective date

% of Dividend

Per share dividend

14-09-2020

940%

Rs 94 per share

01-08-2019

540%

Rs 54 per share

01-08-2018

540%

Rs 54 per share

27-07-2017

540%

Rs 54 per share

03-08-2016

940%

Rs 94 per share

04-02-2015

440%

Rs 44 per share

30-01-2014

240%

Rs 24 per share

 

 

 

Process to Claim:

  • First point of connect:
    • The company secretary of MRF
    • RTA (Regsitrar & Transfer Agent) of MRF. In case of MRF shares, this is being managed by MRF internally only
  • RTA, after verifying the details of investor, will provide the details of holding and procedure to claim the shares
  • If Investor has lost the original shares, he will have to undergo procedure of duplicate share certificate as suggested by RTA
  • If Investor is deceased, his legal heir will have to establish their legalheirship  to RTA through legal documents and then the legal heir can claim the shares from company after following procedure of transmission
  • If the shares have been transferred to Govt of India, then apart from dealing with company and fulfilling their formalities, investor / claimant would have to additionally comply with the procedure of IEPF Claim.

 

Should you have any of the following question then please feel free to reach out to us at samadhan@sharesamadhan.com for any of the assistance

  • How to claim my old share of MRF?
  • How to convert my physical shares of MRF in to demat?
  • How to claim shares of MRF from IEPF?
  • How to file IEPF CLAIM for MRF share?
  • How to claim lost shares of MRF, what will I do?
  • How do I claim my forgotten shares of MRF?
  • How do I claim my deceased family member’s MRF share?
  • How to get duplicate share of MRF?
  • How to get succession certificate for shares of MRF of my family?
  • How to get unclaimed dividend of  MRF?
  • How to get unclaimed dividend of  MRF from IEPF?
  • How to get the shares of  MRF in the death of the joint holder?
  • How to get the shares MRF in case of nominee?
  • How to get the shares of  MRF if the legal heir is minor?
  • How to get the shares of MRF after the death of shareholder where there is couple of legal heir?
  • How to get the shares of MRF when there is dispute in the family to claim the shares of deceased?
  • How to claim the shares of  MRF after the death of the trustee of the trust who was the shareholder?
  • How to claim the shares of MRF in case of death of shareholder?
  • How to claim the shares of MRF for NRI?
  • How to claim the shares of MRF for foreign personnel?
  • How to claim the shares of MRF in case of deceased NRI?
  • How to Transmit shares from demat of MRF ?
  • How to claim shares from Unclaimed suspense account of MRF ?
  • How to demat shares of MRF in case of mismatch of name ?
  • How to update the Address or signature in company records for MRF ?
  • How to demat the shares MRF if one of the joint holder is deceased ?
  • Free search of IEPF?
  • How to search IEPF?
  • How to search unclaimed Investment?
  • How to search Lost Investment?
  • How to search unclaimed dividend?
  • how to search IEPF claim?

 

Published on 29th april 2021

 

 

 

9 Read More
What is Depository and how does it works?

What is Depository and how does it works?

03, Sep 2020

Money is to Bank while Share is to Depository

A Depository  is an organization like a Central Bank where the securities of an investor are held in electronic form, through Depository participants.

There are two depositories in India – National Securities Depository Ltd (NSDL) and Central Securities Depository Ltd (CDSL). 

Who is Depository participants?

A Depository Participant (NSDL & CDSL) a medium through which the shares are held in the electronic form. They are acting as  a link between the investor and the company through the Depository.

Let’s understand how depository system works?

The Depository system functions largely like the banking system. Let’s understand in simple way:

  • A bank holds funds in accounts whereas; a Depository holds securities / shares in accounts for its clients.
  • A bank transfers funds between accounts whereas; a Depository transfers securities between accounts.
  • In both systems, the transfer of funds or securities happens without the actual handling of funds or securities.
  • Both the banks and the Depository are accountable for safe keeping of funds and securities respectively. The company has to sign an Agreement with NSDL/CDSL (the depositories) and install the necessary hardware/software for operations.

What is the Function of a Depository Participant?

A Depository Participant (DP) acts as trade facilitator. The primary functions of a depository participant are outlined below:

  • Facilitate trades and security transfers seamlessly.
  • Convert paper shares into demat accounts.
  • Keep a record of trade and other equity investment transactions.
  • Make new / follow up security issues and offers available to its investors.

 

Image courtsey: thehindubusinessline.com

1 Read More
What is Dematerialisation (demat) of shares and what are its benefits?

What is Dematerialisation (demat) of shares and what are its benefits?

31, Aug 2020

Dematerialisation ('Demat' in short form) means conversion of a share certificate or idential investment papers from its present physical certificate form to electronic form for the same number of holding.

It offers scope for paperless trading through electronic platform, whereby share transactions and transfers are processed electronically without involving any share certificate or transfer deed after the share certificates have been converted from physical form to electronic form.

Benefit of Demat :

  • Offer faster shares transfer in the name of buyers
  • Remove  inherent problems of bad deliveries,
  • Avoid delay in processing/fraudulent interception in postal transit,

Dematerialisation of shares is optional and an investor can still hold shares in physical form. But one can not transfer the phsycial share of listed company without getting dematerilsed done. 

In India demat account are maintained by two Depositories are in operation to handle demat - National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).

How can you open a demat account? :

For investment in shares, one need to have these three in place - a bank account, a trading account and demat account. Once should apprach a full fledged broker with strong credibility to avoid any future fall out.
 

0 Read More
What is the Procedure for Change in Address for Shares?

What is the Procedure for Change in Address for Shares?

29, Aug 2020

The article will answer the following questions relating to change in address for Shares

 

If there is a change in my address what is the procedure to get it recorded?

 

  1. If the shares held by you are in physical form, kindly send a request lettersigned by the shareholder (first named shareholder in case of joint-holders) giving the new address along with the Pin Code. Please quote your folio number without fail. In case the shares held by you are in demat,please inform the change to your DP.

Annexure 1: Request Letter

CHANGE OF ADDRESS

Annexure 1:

REQUEST FOR UPDATION OF RECORDS-CHANGE OF ADDRESS

 

To,

Name of the RTA

(Unit: _______________________ )

Address:

Dear Sir,

I/We hereby request you to please update my/our change in address in your Records for the Registered Folio No.________________

Old Address                                                                                New Address

 

 ___________________________________                          ___________________________________

 

 ___________________________________                          ___________________________________

       

 ___________________________________                          ___________________________________

 

City________________________________                           ___________________________________

 

State_______________________________                           ___________________________________

 

Pin code____________________________                            ___________________________________

As required, I/We am/are attaching herewith copies of Proof of Address (POA)and Photo ID Proof

Kindly confirm having recorded the changed address.

Yours faithfully

(______________________________________)

Signature of the First and Jt.Holder(s)

(as per specimen Registered)

Date :

 

Can joint-holders request for a change of address?

 

  1. No. The letter of request will require the signature of the first holder only.

 

Can there be multiple addresses for a single folio?

  1. No. There can be only one registered address for one folio.

If the shares are dematted, what is the procedure for change of address?

  1. Since your Depository Participant maintains your record of dematted shares, you have to inform them about any change in your address. Your Depository Participant will then pass on this information when any action like dispatch of Annual Accounts or payment of dividend etc., is due to be taken by the company.

 

 

 

1 Read More
What is Unclaimed Investment?

What is Unclaimed Investment?

28, Aug 2020

We invest for achieving certain financial goal, such as financial freedom, retirement planning, education of our children etc

Having investing so much of time effort and energy to ensure that we invest in right asset class, we do not pay hid to the simple fact that Protection of Investment is as important as making investment.

What is Unclaimed Investment?

An investment which has been made by an investor but he or she either forgets to claim the same or in case of any contingency one's family is not aware about such investment is called Unclaimed Investment

What all Investment can be Unclaimed?

The following class of investment might remain Unclaimed :

  1. Old Physical Shares by the investor or ancestral investment
  2. Provident Fund of the person who has worked in various companies but family might not be aware whether the same has been withdrawn or not
  3. Unclaimed matured Insurance where insurance premium might have been fully paid but the insured either has forgotten or might have changed the address of their communication thereby forgetting the same
  4. Inoperative bank account or money lying as fixed deposit with banks
  5. Old mutual fund units / postal savings units of family can remain unclaimed
  6. Ancestral properties can also be Unclaimed

 

www.sharesamadhan.com (samadhan@sharesamadhan.com)

 

 

 

1 Read More
Insurance Claim Missing Money IEPF Claim Lost Share

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