To claim 25-year-old shares in BSE/NSE, you need to follow these steps:
- Check for Unclaimed Shares: If the shares are unclaimed, they might have been transferred to the Investor Education and Protection Fund (IEPF). You can check the status on the IEPF website.
- Fill Form IEPF-5: Visit the IEPF website and fill out Form IEPF-5. This form is necessary to claim your shares or dividends.
- Gather Required Documents:
- Aadhaar card (or passport/OCI/PIO card for NRIs)
- Client master list of your demat account
- Proof of entitlement (share certificate, dividend warrant, transaction statement, etc.)
- In case of the original shareholder’s death, a notarized copy of the death certificate, succession certificate/probate or Will, and NOC from other holders
- Indemnity bond for transmission
- Submit Documents: After filling out the form, submit the original copy of the indemnity bond, a copy of the acknowledgment form, IEPF-5 form, and other required documents to the nodal officer appointed by the company.
- Verification and Processing: The company will verify your application. Once approved, the IEPF will release the refund and credit it to your bank account.
If the shares are not transferred to IEPF and are still in physical form, you may need to dematerialize them by converting them into electronic form through a depository participant (DP).
If you need further assistance, feel free to ask!