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Infiny Solutions specializes in recovering unclaimed investments, assisting clients in reclaiming lost shares and unclaimed dividends from the Investor Education and Protection Fund (IEPF). Their services include share transfers, transmission, and obtaining duplicate share certificates, ensuring clients regain access to their rightful assets.
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Unlocking Your Wealth: Understanding Unclaimed Dividends in India In India, the issue of unclaimed dividends is becoming increasingly significant, with current estimates indicating that over ₹5,700 crore worth of dividends remain unclaimed, as reported by the Investor Education and Protection Fund Authority (IEPFA). This situation arises when shareholders fail to claim their dividends for a period of seven years, after which the funds are transferred to the IEPF. The need for awareness and action regarding unclaimed shares and IEPF unclaimed shares has never been more critical for investors. What Are Unclaimed Dividends? Unclaimed dividends refer to the portion of profits distributed by companies to their shareholders that remains uncollected. According to Section 124 of the Companies Act, 2013, dividends that are not claimed within seven years must be transferred to the IEPF . This regulation aims to protect investors and ensure that unclaimed funds are managed responsibly. Why Do Dividends Go Unclaimed?
Several factors contribute to unclaimed dividends: ● Change of Address: Shareholders may change their addresses without updating their records with the company. ● Lack of Awareness: Many investors are unaware of their entitlements or do not know how to claim them. ● Deceased Shareholders: Shares may remain unclaimed if the shareholder passes away without passing on information about their investments. The Role of IEPF in Recovering Unclaimed Investments The IEPF plays a crucial role in managing unclaimed dividends and shares. As of early 2025, a new integrated IT portal is set to launch, aimed at streamlining the process for claiming these funds . This portal will enable rightful claimants to easily search for and recover their unclaimed dividends and shares with just a few clicks. Key Features of the IEPF Portal ● User-Friendly Interface: Designed for easy navigation, allowing users to track their claims efficiently. ● Centralized Information: All details regarding unclaimed investments will be accessible in one place. ● Support Services: Enhanced customer support through call centers and IVRS systems will assist users in resolving queries related to their claims. How Can You Claim Your Unclaimed Dividend? To reclaim your unclaimed dividend IEPF, follow these steps: 1. Gather Documentation: Collect necessary documents such as share certificates, identity proof, and address proof. 2. Visit the IEPF Portal: Access the upcoming IT portal once it is live. 3. Submit Your Claim: Fill out the required forms and upload your documents. 4. Track Your Application: Use the portal’s tracking feature to monitor your claim status. Conclusion With a significant amount of money tied up in unclaimed dividends, it is essential for Indian investors to take action. The forthcoming IT portal by IEPFA represents a major step towards simplifying this process, making it easier than ever for individuals to
reclaim their rightful funds. Don’t let your investments go unnoticed; stay informed and proactive about your financial rights! If you believe you have unclaimed dividends or shares, contact Infiny Solutions today! Our team at India's largest consultant for unclaimed investment recovery is here to assist you in navigating this process effortlessly.
