๐๐๐๐ฉ ๐๐จ ๐ฉ๐๐ ๐๐๐๐ ๐๐ช๐ฃ๐?
The IEPF (Investor Education and Protection Fund) is a fund set up by the government to manage unclaimed dividends, shares, and investments. If dividends or shares are left unclaimed for seven years, they are transferred to the IEPF to protect the investor's money and make sure it isnโt lost.
Source
My father used to work as an electrician in a steel plant. During that time, he bought some shares, but over the years, we lost track of what happened to them. Recently, my husband discovered that those old shares, along with unclaimed dividends, were transferred to the IEPF in 2017.
I talked to my brother, and after going through old papers, we found the dividend receipts. We checked and confirmed that my fatherโs shares were indeed sent to the IEPF.
Once I knew about this, I began the process to claim them back. Hereโs what I did:
1.๐พ๐ค๐ก๐ก๐๐๐ฉ๐๐ ๐ฟ๐ค๐๐ช๐ข๐๐ฃ๐ฉ๐จ- I gathered the old dividend receipts, share certificates, and proof of ownership.
- ๐๐๐ก๐ก๐๐ ๐๐ช๐ฉ ๐๐ฃ ๐๐ฃ๐ก๐๐ฃ๐ ๐ผ๐ฅ๐ฅ๐ก๐๐๐๐ฉ๐๐ค๐ฃ- I went to the IEPF portal and submitted a claim form with all the required details about the shares and dividends.
- ๐๐ช๐๐ข๐๐ฉ๐ฉ๐๐ ๐๐ง๐ค๐ค๐- I attached important documents, like my fatherโs ID proof, the share certificates, and our family details.
- ๐พ๐ค๐ข๐ฅ๐๐ฃ๐ฎ ๐๐๐ง๐๐๐๐๐๐ฉ๐๐ค๐ฃ - The company that issued the shares verified the claim and forwarded it to the IEPF.
Now, weโre just waiting for the IEPF to verify everything and return the shares. It's been quite a process, but Iโm hopeful it will be resolved soon.
Iโm really thankful to my husband for finding this out. Without him, my siblings and I wouldnโt have even known about the money weโre going to get!
If you need any information about IEPF, you can comment to me. Thank you for taking the time to read my blog.๐๐๐ธ
Thank you
