Why do shares transfer to IEPF?

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Why do shares transfer to IEPF?Shares Recovery India Staff asked 2 years ago

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Why do shares transfer to IEPF?Pravin Poloju Staff answered 2 years ago
Shares for which, the dividends are unclaimed for 7 years or more are transferred to IEPF. If the dividends claiming is regular the shares will lie within the company. IEPF acts accordingly as per the shareholder’s requests for claiming the shares and dividends.