Did you know that when you lose track of your shares or fail to claim the dividend for a period of seven consecutive years, the company would transfer your shares to an authority known as IEPF? So, for the superhero fans — it would be easy to understand that the role IEPF authority plays is similar to what was played …
Do you have some money or shares that you forgot to keep track of, and is now locked with the IEPF? Any dividend money, interest income, matured debentures, matured deposits, redemption amount of preference shares and sale proceeds of fractional shares when remains unclaimed for seven years is transferred to the IEPF. “The proposed method will be a Straight Through …
