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IEPFA-to-Fast-Track-Share-Claims

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EPFA share transfer, fast-track share claim, old shares small investors, unclaimed dividends, IEPF refund in 30 days.
The Investor Education and Protection Fund Authority (IEPFA) is proposing a major relief for small investors with a plan to fast-track the transfer of old and unclaimed shares back to them in just 30 days. This move aims to drastically reduce the current, often lengthy, claim processing time.
What the New Rules Mean for You (If Approved):
The proposal, to be considered by the IEPFA Board on October 27th, introduces an expedited process with higher value limits for small claims:

Share Type Current Proposal Limit (Max Value for Fast-Track)
Physical Shares Up to ₹5 Lakh
Dematerialized (Demat) Shares Up to ₹15 Lakh

The Key Change: Speed and Simplicity
This new system is designed to overcome inordinate delays faced by investors. The faster transfer will be enabled through:
* Relaxed Documentation: A simpler documentation process for claims within the new value limits.
* Integrated Portal: Utilizing the recently launched IEPFA integrated portal to streamline claim submissions, verification, and minimize paperwork.
Investor Note: Shares, dividends, and matured debentures that remain unclaimed for seven consecutive years are transferred by companies to the IEPFA. This new process will make reclaiming them significantly easier for eligible small investors.

source - iepfa.gov.in 

Posted On: 2025-10-15


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