How to recover lost MRF share certificate?

Duplicate issue of shares using obtaining a Letter of Verification from the firm involves the filing of the authorities report for a lost share certificate, giving an ad in the paper. There are certain other rules such as brand-new address entry, signature confirmation and so on to be completed and submitted to the firm.

Most Trending Question about MRF Shares

You acquired shares of MRF Ltd. 15-20 years back in physical type. However over an amount of time, You shed the certificate and also as a result of an adjustment in my address several times, You are not in receipt of any kind of interaction from the company. You only have a photocopy of the share certificate acquired initially. Can You recoup your shares and what would certainly be the procedure?

Answer: This occurs with a lot of investors. If you have actually lost your physical share certification of MRF Ltd, you require to write to the business by providing a duplicate of the share certification as well as your KYC files like PAN, Aadhar and Bank information requesting for the condition and treatment for duplicate concern of shares.

Generally, Registrar & Transfer Representative (RTA) is the communication point for investors’ questions, but when it comes to MRF, the procedure is being handled by them internally instead of RTA.

Over the duration, MRF would certainly have likewise issued incentive shares on your existing holding. Therefore you would certainly also be eligible for those corporate benefits. Once the business validates your documents and also KYC, the firm will provide you with the treatment of replicate issues of shares as well as the current condition of your holding as well.

Duplicate concern of shares using obtaining a Letter of Confirmation from the business entails the filing of the cops record for a lost share certificate, giving a promotion in the paper. There are specific various other procedures such as new address entry, trademark confirmation and so on to be completed and submitted to the business. Better, because your address was changed numerous times, you would additionally have missed the returns declared by the business every year.

If your returns also remained unclaimed for more than seven years, your shares and dividend would certainly likewise have moved to IEPF (Investor Education And Learning and Protection Fund).

IEPF is a fund taken care of by the government, where it works as the custodian of unclaimed shares and rewards. After the establishment of your claim with the company, you will additionally be called for to submit the claim with IEPF to claim your shares back.

Please note that in your situation after doing all the procedures, either you will certainly obtain a Letter of verification instead of a new replicate physical certification which can be sent for demat. If the shares are in IEPF, after that the exact same will directly be attributed based upon the entitlement letter from the business.

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