Many people forget about their old shares or dividends. Over time, documents get lost, addresses change, and sometimes even the family doesn’t remember them. Later, when old papers or share certificates are suddenly found, the real issue comes to the fore. Shares and unclaimed dividends of big companies like Marico Limited may get transferred to […]
Many times, we forget about old investments. Some people may have old share certificates, while others may not even know that they have shares in their name. Such incidents are very common. This is very common in old companies like Ambuja Cements Limited. Many investors do not realize that their shares or dividends have been […]
Introduction Equity investment in India has been a reliable method for creating wealth. However, there are many individuals who forget about their investments because of factors like a change of address, loss of share certificates, or ignorance by family members regarding the matter. Gradually, these investments end up becoming forgotten, lost, inactive or unclaimed shares. One of […]
SEBI has brought a new proposal to make it easier for the heirs of deceased investors to claim their financial assets. Usually, when an investor dies, his shares, bonds, mutual funds, or other securities must be transferred to his nominees or legal heirs. This process is called securities transmission. This process involves a lot of […]
Britannia Industries Limited is a recognised and honourable brand within the Indian business arena. Founded in 1892, Britannia’s journey started from a small biscuit manufacturer in Kolkata to a popular FMCG brand. For more than 134 years, it has produced products while making its strong presence in the hearts of Indian families, as a symbol […]
Many investors in India hold shares and other securities in the form of paper certificates. These were standard systems, but the rules have changed over time. SEBI made demat mandatory for share transfer from April 1, 2019. So, many old investors faced problems. SEBI has taken an important step to eliminate this problem. A special […]
A duplicate share certificate refers to a new certificate issued to an investor when their original share certificate is lost or destroyed. Although most shares are now held in dematerialized (demat) form, many older investors still possess physical certificates. Losing these documents due to moving house, natural disasters, fire, or simply due to a lack […]
Technology use has been rapidly increasing in the stock market in India. There is always a risk of loss, damage, or fraud in paper share certificates. Besides, Electronic shares or Demat forms play a major role in making investments safe and transactions easier. With SEBI making Demat mandatory for share transfers, paper certificates are no […]
Eicher Motors is one of the strongest automotive companies in India. It has been generating good returns for shareholders for a long time. Many investors’ wealth remains unused due to dividends accumulated over many years or forgotten shares, especially when a shareholder dies, and no one in the family keeps track of the investment. So, […]
Many Investors forget to claim their shares or dividends, or leave them unattended for various reasons. Such shares and dividends are called unclaimed shares and dividends. If they are not claimed for more than seven years, they are transferred to the Investor Education and Protection Fund (IEPF) under the government. Kotak Mahindra Bank is one […]