How to Claim Unclaimed Dividends of Eicher Motors in 2025- Complete Process

Whenever we talk about blue-chip stocks in India, you will find Eicher Motors as a constant name. Known for its iconic MLG 1901, Royal Enfield motorcycles, along with a robust financial track record, this firm has consistently rewarded its shareholders with dividends. However, with the passing of time, some people forget their shares and dividends. As a result, these dividends often go unclaimed, lost in the rubble of forgotten paperwork, outdated bank details, or alterations in address.

However, you might be sitting on a pile of unclaimed dividend gold and yet not know about it. This guide will walk you through the complete process to recover unclaimed dividends of Eicher Motors in 2025. This will ensure that you find your way to your rightful earnings.

What is an Unclaimed Dividend?

Before we start talking about the ways through which you can retrieve your unclaimed dividends, let’s have a brief walkthrough of what an unclaimed dividend is. Simply put, an unclaimed dividend is the dividend amount that remains unpaid or uncollected by a shareholder for seven consecutive years. These dividends are then transferred to the Investor Education and Protection Fund (IEPF), as per the rules laid down by the 2013 Companies Act.

As per the reports from IEPF from March 2024, more than ₹5000 crore worth of dividends and almost 120 crore shares were unclaimed. These numbers showcase the prevalence of unclaimed dividends and how people are unaware of the whereabouts of their shares.

About IEPF

IEPF, also known as the Investor Education and Protection Fund, is an authority under the Government of India. Implemented under Section 125 of the Companies Act, 2013, its primary objective is to safeguard your investment interests by holding unclaimed dividends, matured deposits, debentures, and shares.

The IEPF also enables you and other shareholders to claim their unclaimed dividends and shares through a structured procedure. Although this system is credible, it often gets confusing. And that’s why a step-by-step description would ease your journey.

Why Do Eicher Motors’ Dividends Become Unclaimed?

Although Eicher Motors has maintained an excellent track record of paying out dividends, there are numerous reasons why these dividends become unclaimed. Let’s peek into the most prominent ones of them.

• Outdated bank account and/or KYC credentials.
• A mismatch in PAN or the information of the shareholder.
• A change in the residential address without addressing the issue to the company.
• An ignorant attitude towards dividend announcements.
• The untimely death of the shareholder and heirs not available to claim the share(s).

With the number of Indian investors on the rise, almost 150 million demat accounts in India, as of January 2025, are unclaimed. These lapses in tracking and claiming dividends are becoming increasingly common.

Step-by-Step Procedure to Recover Unclaimed Dividend of Eicher Motors

Now, coming to the main part- how can you actually recover unclaimed dividends of Eichoer Motors? To find the answer, you need to go through this section. Here is a step-by-step roadmap to reclaim what’s yours.

Step 1: Check if Your Dividend has an Unclaimed Status

Firstly, you need to visit the Investor Section on the official website of Eicher Motors. Next, navigate to the unpaid dividend list. However, there’s another way, by visiting the IEPF Portal and searching for your details (by entering your shareholder name, folio number, or demat account number). You can then proceed to the next step.

Step 2: Gather the Required Documents

The next thing you need to do is to keep your documents handy with you. Here’s a list of the documents that you need before you begin the claim.

• Original or duplicate share certificate or demat account statement.
  
• Self-attested copy of your PAN and Aadhaar.
• Cancelled cheque of your bank account.
• Dividend warrant(s), if available.
• Indemnity bond and advance stamped receipt.
• Legal heir certificate, if you are applying on behalf of a deceased shareholder.

Additionally, keep in mind to double-check your name and folio details to avoid unnecessary rejections. Don’t underestimate this step, it is always better to be on the safer side.

Step 3: Fill the IEPF-5 Form

This is perhaps the most important step in this list, the IEPF-5 Form. You can access this form from the IEPF Portal, and it will serve as the official application to claim the unclaimed dividend from Eicher Motors. Fill out and submit the form online. Note the Service Request Number (SRN) for future reference.

Step 4: Submit Your Application

Once your application is filed online, take a printout and send a physical copy of the IEPF form with the documents to the Nodal Officer of Eicher Motors Ltd. Ensure that your envelope is clearly labelled with “claim for refund from IEPF.”

Step 5: Verification and Refund Process

Once the nodal officer verifies your documents, they forward your claim to the IEPF authority. This takes somewhere between 30 to 60 days (45 working days, as per IEPF). Once it’s approved, you are set to receive your shares and dividends. The funds are directly transferred to your registered bank account.

Special Scenarios for Unclaimed Dividend Transfer

Sometimes, dividends are transferred to the IEPF along with shares if unclaimed for seven years. In such cases:

• You’ll need to claim both the dividends and the shares together.
• Submit an NSDL/CDSL client master report as proof of a demat account for share credit.
• The refund of shares happens after dividend verification.

If your Eicher Motors shares are involved, act quickly- time is money, after all!

Recovery for Legal Heirs and Nominees

If the original shareholder is deceased, legal heirs or nominees can claim the dividend. The process includes:

• Submitting a succession certificate or probate of the will.
• Proof of relationship (e.g., legal heir certificate).
• NOC from other legal heirs, if applicable.

In India, this scenario is increasingly common due to multi-generational investing. Make sure that you consult a legal advisor for smooth processing.

Recovery of Shares Along With Dividends

If your shares of Eicher Motors have also been transferred to the IEPF along with dividends, both can be reclaimed simultaneously. The documents required remain mostly the same, with additional emphasis on:

• Proof of shareholding (physical or demat)
• Demat account details for the credit of shares
• Self-declaration forms

Common Challenges and How to Overcome Them

Mismatching PAN and Shareholder Details: Update your KYC with the RTA before you apply.

Incomplete Documentation: Use the official IEPF Checklist to jot down and cross-verify your credentials.

Delays in Postal Delivery: You can use speed post or courier with tracking.

Missing Dividend Warrants: Providing an indemnity bond along with your bank statements would do the job.

Incorrect Demat Details: Revalidate the details with your depository participant.

Irresponsive Attitude from Company: Escalate via IEPF grievance redressal.

Start Your Recovery Today!

Your hard-earned investment in Eicher Motors won’t go down the drain due to missed deadlines or paperwork hassles if you take the right approach. Whether you are an original shareholder or a legal heir: understanding how to recover unclaimed dividends of Eicher Motors in 2025 can help you reclaim your rightful dividends. Don’t lose sleep or chase shadows with the right choice.

How can you do so? Well, with Infiny Solutions, you can. We make the recovery process painless. From preparing documentation to filing your IEPF claims and following up with company nodal officers, we do all the heavy work for you.