Unclaimed dividend

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 September 2011 sir,

i have my stocks in hold, as i did not claim my dividend for many years. are there any chance to claim my dividend.

we would like to get paid my dividend through ECS

Hope u could help me out

with regards
srikanth

CA. SHIVA SHANKARA R. SHETTY

CA. SHIVA SHANKARA R. SHETTY (Expert)
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09 September 2011 You are not clarified that, whether you hold the shares in demat form or physical form.

01. If you holding in demat form, then submit ECS mandate form with your demat service provider. Then you will receive the dividend directly to your bank account directly when your company declares or distribute the dividend as the case may be.

02. If you are holding in physical form, open the demat account and dematerise your shares.

03. For unclaimed shares, write a letter to the company registered office or registrar of the concerned company.