ForumCategory: Shares Dividend RecoveryHow do I claim unclaimed dividends of Reliance Industries?



How do I claim unclaimed dividends of Reliance Industries?Shares Recovery India Staff asked 5 months ago

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Best Answer

How do I claim unclaimed dividends of Reliance Industries?Pravin Poloju Staff answered 5 months ago

Yes, you can claim unclaimed dividends of Reliance Industries from IEPF. As per Companies Act 2013, section 124(5) any company’s dividends which are unpaid or unclaimed for the period of 7 years or more, will be transferred to IEPF. You can claim the unclaimed dividends of Reliance Industries along with the shares, or can only claim the dividend the separately. Before 2018, the dividends can be claimed through e-claim, but after that the dividends of Reliance Industries can be claimed directly from the firm in the form of cheques.

To claim the dividends of Reliance Industries from IEPF, you need to follow some procedures. First you have file to authority about claiming. Then submit the claim application to the Reliance Industries. Reliance Industries submits the claim application to IEPF after verifying the rules with the company. After the completion of above steps, the IEPF authority refunds the dividend in your bank accounts.