We provide end-to-end assistance in recovering shares and dividends transferred to the IEPF. Locate. Recover. Reclaim.
Over 1 billion shares, estimated to be worth about ₹1 lakh crore, along with unclaimed dividends of ₹6,000–7,000 crore, are presently held by the Investor Education and Protection Fund Authority (IEPFA).
If dividends on shares remain unpaid or unclaimed for 7 consecutive years, the company is required to transfer both the unpaid and unclaimed amounts of dividend and the corresponding shares to the IEPF. This may be due to a change in address, or simply because the shares were forgotten by shareholders, claimants or legal heirs over a period of time. We provide end-to-end assistance in recovering such shares and dividends, transferred to IEPF.
We research the database of unclaimed dividends across Indian public companies. Field staff trace and meet missing shareholders. Once located, we offer a complete spectrum of recovery services — quoted, contracted, and recovered.
Updating information about the shareholders / claimants.
When the originals have been lost or misplaced.
Claim entitlements accrued during dormancy.
Deletion of the name of a deceased holder, and transfer to a rightful legal heir / claimant.
Legal recovery from the government authority under the central government.
Encash years of unclaimed and unpaid dividend.
Founded in 1925, when the family patriarch, Mr. Champaklal Devidas Dalal, established a government securities business, the Group later diversified into merchant banking and financial services with the incorporation of CIFCO Ltd in 1973. CIFCO was entrusted with the IPOs of several of India's most respected and enduring companies.
We understand your holdings and the work involved.
We issue a written quote, followed by a legal fee agreement.
On payment of upfront fees, we reveal the shares of the company.
Power of Attorney, affidavits, legal services for succession certificate and supporting documents.
We file claims with the IEPF and follow up with companies, their Registrar and Transfer Agents (RTA) and the IEPF authority on behalf of shareholders / claimants.
Concluding the entire process, with shares credited to the demat account and unclaimed dividends credited to the bank account.
We provide end-to-end assistance in recovering shares and dividends transferred to the IEPF. Locate. Recover. Reclaim.
