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 valuable Eicher Motors shares go to IEPF or lie dormant.
Legal heirs can retrieve these shares through the share transmission and IEPF Claim process. This article explains how to properly retrieve Eicher Motors shares in the name of a deceased relative. Recovery of shares of a deceased shareholder is complex, but becomes easy with the right guidance and support.
When Do Shares Go for Transmission and When to the IEPF?
Transmission refers to the change in ownership of shares due to legal reasons, like death. In this situation, the shares are naturally transferred to the name of the heir. There is no sale or transaction here; it is a completely legal process.
The IEPF is a government fund; if no one claims dividends for seven consecutive years, those dividends and the related shares are transferred. So, if the shareholder dies and the family does not claim it, then the share can go to IEPF after some time.
Only transmission is required when the share has not gone to IEPF. If the share is already in IEPF, then first transmission of shares and then IEPF claim, both steps have to be completed.
This entire process is supervised by Eicher Motors’ Registrar & Transfer Agent, KFin Technologies or Link Intime.
Read more – How to Recover Unclaimed Kotak Mahindra Shares from IEPF?
Why Are Eicher Motors Shares Often Unclaimed?
Many old shares are still in paper certificates, which are easily damaged, lost or cannot be found by any family member. Many times, the investor changes the address but does not inform Eicher Motors, resulting in the return of the dividend.
Another major reason is not converting the shares to demat. It is difficult to track paper shares, so there is a high chance of forgetting. Even after the death of the shareholder, the family often does not know that he had valuable investments in his name.
Eicher Motors shares increase in price and dividend year after year, so the current value of many old shares can be in the hundreds of thousands or more.
How to Check If a Deceased Relative’s Eicher Shares Are in IEPF?
- Search the IEPF website: First, go to the official IEPF portal and use the “Search Unclaimed Shares/Dividend” option.
- Search by name and company: Search by entering “Eicher Motors Limited” as the shareholder’s name and company name. If you want, you can also use the old folio number.
- Try to understand the result: If the shares or dividends go to IEPF, then the search results will show the year, amount and folio-related information.
- Additional verification through RTA or Depository: If you do not get the result, you can verify the folio on KFin Technologies/Link Intime. If the shares are in demat, the holding can also be checked in NSDL or CDSL.
Read more – How to Recover Your Adani Total Gas Limited Shares from IEPF?
Step-by-step Guide to Claim Eicher Motors Shares from IEPF
Given below is the stepwise guide to claim Eicher Motors Shares from IEPF-
Step 1: Search for shares and dividends in IEPF
First, you have to go to the official IEPF portal and use the search tool. There, you have to search by the shareholder name, folio number or company name (Eicher Motors Limited). You can see which year the dividends and shares went to the IEPF. If you find an exact match, it is easy to start the next step.
Step 2: Fill in Form IEPF-5
You have to download Form IEPF-5 from the MCA portal and provide personal information, bank account, demat number and claim details. Along with this, you have to attach Aadhaar, PAN, a canceled cheque, proof of old shares, etc. Many people give the wrong folio number, an incomplete address or wrong demat information. These increase the risk of invalidation of wrong claims.
Step 3: Send physical documents to RTA
After submitting the form, an acknowledgement is generated. Print it and send a self-attested copy along with all the required documents to RTA (KFin Technologies or Link Intime) through registered post. It is essential to have a signature on each document.
Step 4: RTA Verification Process
RTA verifies your documents with the company records. If necessary, it may ask for additional information or explanations. The verification process usually takes a few weeks.
Step 5: Approval by IEPF authorities
After sending the RTA report, IEPF reviews your claim. If approved, the shares are credited to your demat account, and the dividend goes to your bank account. The entire process usually takes 3–6 months.
Eicher Motors Share Transmission Process
Step 1: Collection of Legal Documents
For transmission, a death certificate, an inheritance or succession certificate, and a PAN-Aadhaar will be required. Probate is required only when there is a will. A succession certificate is required when there is no will. In some cases, only a legal heir certificate is sufficient.
Step 2: Submit Transmission Request
An application form is required to be sent to the RTA clearly stating the request for transfer of shares. In the case of a single heir, fewer documents are required. If there are multiple heirs, NOC may be required for the rest.
Step 3: RTA Verification and Approval
The RTA verifies the identity, signature and ownership of the heirs by looking at the documents. If all the information is correct, the shares are transferred to the heirs.
Step 4: Demat Conversion of Paper Shares
If the shares are still in paper form, then an application has to be made through a DP (Depository Participant) for demat. In case the certificate is lost, an indemnity bond and guarantee may be required to get a duplicate certificate.
Some Important Points to Check Before Starting the Process
- Claim Time Limit: Claims have to be made within 25 years of going to the IEPF. After this, no refund is available.
- Rules for NRIs: If you are an NRI, the documents must be attested by the Indian Embassy or Consulate.
- Multiple heirs: If there are multiple heirs, all must consent. If anyone objects, the claim may be blocked.
- Lost or damaged certificates: Indemnity bonds and security are required for duplicate certificates.
- Avoid unauthorized agents: Working through unknown agents carries the risk of fraud.
Read more – How to Recover Shares of Hindustan Zinc Limited (HZL) from IEPF?
Eicher Motors Dividend History and Share Price Growth
Eicher Motors has been declaring dividends consistently for many years. Regular payouts show that the company’s financial position is strong and its commitment to shareholders is permanent. The share price has increased significantly over the long term, especially after the success of the Royal Enfield brand.
Let’s see their Dividend History and share price growth.
| Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
| 14 May, 2025 | 01 Aug, 2025 | Final | 70 |
| 13 May, 2024 | 07 Aug, 2024 | Final | 51 |
| 11 May, 2023 | 14 Aug, 2023 | Final | 37 |
| 13 May, 2022 | 12 Aug, 2022 | Final | 21 |
| 27 May, 2021 | 09 Aug, 2021 | Final | 17 |
| 11 Mar, 2020 | 19 Mar, 2020 | Interim | 125 |
| 10 May, 2019 | 24 Jul, 2019 | Final | 125 |
| 09 May, 2018 | 02 Aug, 2018 | Final | 110 |
| 08 May, 2017 | 31 Jul, 2017 | Final | 100 |
| 14 Mar, 2016 | 22 Mar, 2016 | Interim | 100 |
| 16 Feb, 2015 | 11 Mar, 2015 | Final | 50 |
| 12 Feb, 2014 | 12 Mar, 2014 | Final | 30 |
| 12 Feb, 2013 | 13 Mar, 2013 | Final | 20 |
| 11 Feb, 2012 | 13 Mar, 2012 | Final | 16 |
| 05 Feb, 2011 | 08 Mar, 2011 | Final | 11 |
| 15 Feb, 2010 | 05 Mar, 2010 | Final | 7 |
| 30 Mar, 2009 | 20 May, 2009 | Final | 5 |
| 28 Apr, 2008 | 26 May, 2008 | Final | 5 |
| 06 Mar, 2007 | 16 Mar, 2007 | Interim | 29 |
| 02 May, 2006 | 22 Jun, 2006 | Final | 4 |
| 27 Jun, 2005 | 05 Aug, 2005 | Final | 4 |
| 24 Aug, 2004 | 17 Sep, 2004 | Final | 3.5 |
| 02 May, 2003 | 17 Jul, 2003 | Final | 3.5 |
| 09 May, 2002 | 15 Jul, 2002 | Final | 0 |
| 11 May, 2001 | 25 Jun, 2001 | Final | 0 |
| 19 Apr, 2000 | – | Interim | 0 |
| 26 May, 1999 | – | Final | 0 |
| 29 May, 1997 | – | Final | 0 |
| 09 Jun, 1998 | – | Final | 0 |
How to Recover Shares Easily with Investorlink’s Professional Help?
The entire process is much easier and hassle-free if you take the help of professionals at Investorlink.
A professional helps you to-
- Arrange the documents and personal information correctly.
- Take the responsibility of communicating with the RTA, follow-up and clarifying.
- Get the right guide, which forms are required, and how to submit them.
- Help to sort out the case of multiple legal documents, affidavits or verifications that are required.
Even a small mistake can result in a claim being rejected, so expert help saves time and increases the chances of approval.
Conclusion
Reclaiming old shares or withheld dividends in a company like Eicher Motors is very important. It brings back the financial assets but also ensures the family’s true ownership. The IEPF claim or transmission process can be time-consuming, so the sooner you start, the sooner you will get results.
If you want to make Eicher Motors share recovery easy, smooth and hassle-free, Investorlink can help you with documentation, RTA reconciliation, IEPF filing and legal formalities. Contact Investorlink today and secure the family’s rightful financial assets.
Helpful Questions About Recover Eicher Motors Shares
First, find their old files, bank statements, demat reports or previous dividend checks. Then go to the IEPF website and search for the name and Eicher Motors. If the shares were in demat, then you can also search in NSDL or CDSL. If you find a record somewhere, you can go to the transmission or IEPF claim process.
Go to the IEPF site and use the “Unclaimed Shares/Dividend Search” tool. Enter the shareholder’s name and company name, and the results will appear. If the name appears, it means that the shares or dividends have gone to IEPF. If you want, you can also check the folio and transfer status from RTA, KFin Technologies or Link Intime.
The claimant’s PAN, Aadhaar, bank details, demat number, proof of shares, death certificate, and legal heir or succession certificate are required. If there are old certificates or dividend papers, it is also good to submit them. After submitting Form IEPF-5, all the papers have to be signed by you and sent to RTA by post.
It usually takes 3-6 months. The time depends on whether the documents are correct or not and how quickly the RTA verifies them. There is a delay if there are mistakes in the form, signatures are missing, or the documents are incomplete. Regularly checking the status on the portal and responding to RTA’s queries quickly helps in speeding up the process.
Yes, NRIs can also claim. All their KYC documents have to be attested by a notary and the Indian embassy/consulate. Proof of relationship, foreign address and NRE/NRO bank details have to be provided. The process is pretty much the same; only the verification of documents is a bit more stringent.
In this case, a duplicate certificate has to be obtained first. An FIR has to be filed, an indemnity bond and a surety may be required. After verification, the RTA issues a duplicate certificate. Then the share can be converted into demat and transmission, or IEPF can be claimed.
Everyone can apply together. If one applies, the remaining heirs will need NOC. RTA wants this consent to ensure that there is no dispute in the future. If there is a disagreement, the court can ask for a succession certificate. It is considered conclusive evidence.
A legal heir certificate only tells the heirs. But a succession certificate gives the legal right to claim financial assets, including shares. In general, RTA means a legal heir certificate, but if there is a dispute, a succession certificate is required.
After approval, the shares are credited to your demat account. The accumulated dividends are credited to your bank account. IEPF sends a confirmation, and the shares appear in the demat statement within a few days. This completely restores ownership.
Yes, it can be done, but the process is a bit complicated. Lots of documents, signature verification, communication with the RTA, everything has to be handled properly. Even a small mistake can get the application stuck. So, take the experts’ help, like Investorlink, to manage the documents properly and quickly.
Read more – How to Recover Your Siemens Limited Shares from IEPF?