Shares Moved to IEPF: A Guide by Share Claimers
Unclaimed shares and dividends are a common concern for investors and their families. To address this issue, the government of India established the Investor Education and Protection Fund (IEPF), ensuring that unclaimed financial assets are safeguarded and retrievable by rightful owners. Share Claimers, a trusted name in investor support, specializes in helping individuals reclaim their Shares Moved to IEPF and dividends transferred to the IEPF. What Does "Shares Moved to IEPF" Mean? When shareholders fail to claim dividends for seven consecutive years, their shares, along with the unclaimed dividend amount, are transferred to the IEPF as per the Companies Act, 2013. The IEPF Authority holds these shares and funds to protect investors' rights, but accessing them can be a complex process. Common Reasons for Shares Moving to IEPF Unclaimed Dividends : If dividends are left unclaimed over the years, the shares linked to those dividends are transferred to the IEPF. ...