Physical Shares to Demat Services

Unclaimed dividends are those that, if not claimed by the shareholder for a period of seven years or longer, are transferred to the Investors Education and Protection Fund (IEPF). If a shareholder didn’t pay their dividend in 2016, for instance, it will be transferred to the IEPF in 2023. If the shareholder deposits the dividends during the course of those seven years, the shares will remain live and active. If the dividends are not continually deposited for 7 years, the shares will also be transferred to IEPF.

It takes a while to get your hands on unclaimed shares and unclaimed dividends from IEPF if you misplaced your actual share certificate and did not deposit the dividends for seven years due to an address change or another reason.

We at Share Connection make it simple for you because getting your dividends back takes time. You must establish share ownership in order to obtain dividends from the IEPF.

If the actual share certificate is lost, you must first report the loss to the judicial police station and place an ad in the local and national publications stating that the share certificate has been misplaced, followed by the procedure to get duplicate shares made from the company.