Have your shares in Adani Total Gas Limited been transferred to the IEPF? If yes, there’s no need to panic. This blog takes you through everything you need to know about recovering your shares from the Investor Education and Protection Fund (IEPF).
The IEPF, set up under the Ministry of Corporate Affairs (MCA), ensures that unclaimed dividends, matured deposits, and shares don’t remain idle but are safeguarded until they reach their rightful owner.
Under Section 124 of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, shareholders can rightfully claim back their unclaimed shares that have been transferred to the IEPF. In short, if your shares have landed in IEPF’s account, you’re still the legitimate owner—and the law gives you the power to reclaim them.
An Overview of Adani Total Gas Limited Company
Adani Total Gas Limited (ATGL) was incorporated on August 5, 2005, under the name Adani Gas Limited. Later, on January 1, 2021, the company was renamed to reflect its strategic partnership and broader vision. Over the years, ATGL has grown into one of India’s leading players in the natural gas distribution sector.
The company is primarily engaged in the City Gas Distribution (CGD) business, where it supplies Piped Natural Gas (PNG) to industrial, commercial, and residential consumers, and Compressed Natural Gas (CNG) to the automotive sector. Headquartered in Ahmedabad, Gujarat, ATGL continues to expand its network and services, contributing to cleaner energy solutions across the country.
Key Milestones and History of ATGL
| Year | Event |
| 2001 | Incorporation of the company. |
| 2003 | Received State NOC for CGD in Ahmedabad and Vadodara. |
| 2004 | CGS commissioned at Dhanora & Geratnagar; First CNG station at Maninagar. |
| 2005 | Supreme Court order for Faridabad. |
| 2007 | First CNG station in Vadodara. |
| 2009 | Commissioning of CG at Faridabad. |
| 2010 | Converted to public company as Adani Gas Limited. |
| 2011 | CGD business transferred from Adani Green to Adani Gas. |
| 2012 | Authorization for Khurja. |
| 2013 | CGS commissioned at Khurja; JV with IOCL. |
| 2015 | Won 9 GAs in JV with IOCL. |
| 2016 | First CNG station in Khurja. |
| 2017 | Became a wholly owned subsidiary of Adani Gas Holdings Ltd. |
| 2018 | Scheme of Arrangement approved; listed on BSE and NSE. |
| 2019 | Ceased to be subsidiary of Adani Enterprises. |
| 2020 | Commissioned LCNG stations; 33 new CNG stations added. |
| 2021 | JV SMTPL formed for gas meter manufacturing. |
| 2022 | Added 117 new CNG stations; 5.64 lakh domestic connections. |
| 2023 | Subsidiaries ATEL and ATBL formed; India’s first standalone CBG station. |
| 2024 | Commissioned Barsana Biogas Project; reached 547 CNG stations. |
Reasons Behind Transferred ATGL Shares to IEPF
According to Section 124 of the Companies Act, 2013, any shares whose dividends remain unclaimed for seven consecutive years are automatically transferred to the Investor Education and Protection Fund (IEPF).
Some common reasons why shares get transferred to the IEPF include:
- Unclaimed dividends
- Matured deposits (such as fixed deposits or debentures)
- Outdated KYC or incorrect contact details
- Death of the shareholder without completing the succession process
- Physical shares not converted into demat form
Dividends often go unclaimed due to factors like a change in address or bank account, holding of physical shares, confusion in the demat process, or inheritance-related gaps. Recover your unclaimed dividends from IEPF with Investorlink’s expert support.
How to Recover Adani Total Gas Shares From IEPF?
The step-by-step process to recover Adani Total Gas Shares from IEPF is as follows:
- Check the Eligibility Criteria
You must ensure and confirm that you are the original shareholder or a legal heir, and the dividends must have remained unclaimed for over seven years.
- Search for shares on the IEPF website
Followed by visiting the official website of IEPF and searching for the shares by entering the shareholder’s name or folio number.
- Fill the form IEPF-5
Next, fill out the IEPF-5 form by diligently providing the necessary details, including the shareholding, bank, and demat account information, as well as your PAN, Aadhaar card, etc.
- Submit Physical documents
Along with the form IEPF-5, the necessary documents are to be submitted to Adani Total Gas Limited and its RTA for further proceedings. These documents include PAN card, Aadhar card, shareholding proof, succession proof (if legal heir), cancelled cheque, and client master report (for demat).
- Follow-up and Verification
You must follow up the process. Once the confirmation is sent by the company to the IEPF, they will verify the claims, which may take between 8 months and 1.5 years.
- Credit of Shares
Once the IEPF approves your claim, the recovered shares will be credited to your demat account, and any pending dividends will be transferred to your bank account.
Dividend History Table of Adani Total Gas
| Announcement date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
| 30 Apr, 2024 | 14 Jun, 2024 | Final | 0.25 |
| 02 May,2023 | 07 Jul, 2023 | Final | 0.25 |
| 04 May,2022 | 14 Jul,2022 | Final | 0.25 |
| 04 May,2021 | 24 Jun, 2021 | Final | 0.25 |
| 17 Mar, 2020 | 26 Mar,2020 | Interim | 0.25 |
| 27 May,2019 | 26 Jul,2019 | Final | 0.25 |
| 28 Apr,2025 | – | Final | 0.25 |
| 27 May,2019 | 26 Jul,2019 | Final | 0.25 |
| 28 Apr,2025 | – | Final | 0.25 |
| 27 May,2019 | 26 Jul,2019 | Final | 0.25 |
| 28 Apr,2025 | – | Final | 0.25 |
Why Choose Investorlink to Recover Shares from IEPF?
You may choose Investorlink to recover shares from IEPF for the following reasons:
- Expert guidance on the process of IEPF shares recovery.
- Complete end-to-end support from start to finish.
- Error-free documentation to avoid rejections.
- Faster claim processing with regular follow-ups.
- Personalized solutions for every case.
- Trusted and transparent services.
To Wrap Up
Recovering your Adani Total Gas Limited shares from IEPF may seem like a long and complex process, but with the right support, it becomes seamless. As a shareholder, you have every right to reclaim your investments, and Investorlink ensures that your rightful shares and dividends are returned without unnecessary delays or errors.
With our expertise, dedicated follow-ups, and end-to-end assistance, you can trust us to simplify the IEPF recovery journey. Don’t let your hard-earned investments remain stuck reclaim them with Investorlink today.
Frequently Asked Questions
Yes, you can still claim your Adani Total Gas Limited (ATGL) shares even if you have lost the original share certificates. To do so, you must submit the required documents, such as your PAN card, demat account details, along with an indemnity bond and an affidavit to establish ownership of the shares.
Yes, NRIs can recover their ATGL shares from anywhere in the world. However, it is advisable to seek professional help from experts like Investorlink, who can provide end-to-end assistance with documentation and ensure compliance with regulatory requirements for a smooth recovery process.
Yes, you can recover dividends along with ATGL shares from IEPF. However, these dividends are released after the IEPF-5 form is approved and ownership is verified.
In general, recovering ATGL shares from the IEPF takes around 8 months to 1.5 years. The timeline may vary depending on several factors, such as the availability of required documents, the legal heir certificate (in case the shareholder is deceased), and the processing time taken by the IEPF authority.
Yes, in case the shareholder has passed away, the legal heirs can claim Adani Total Gas Limited (ATGL) shares. To do so, they must submit valid documents along with the prescribed form, such as a succession certificate, probate of will, or a legal heir certificate, along with valid identity proofs.