Recovery Process of Unclaimed Dividends from IEPF Borosil Limited

If you’re reading this post, then chances are you have shares you own from Borosil Limited, but you can’t access them at the moment.

You’re not alone, dear reader.

Many shareholders like you, whether an individual or a company, might have their shares moved to the Investor Education and Protection Fund (IEPF). This happens when they, for a variety of reasons, misclaim their Borosil Limited shares or dividends from IEPF.

No worries, though! The unclaimed dividend from IEPF associated with Borosil Limited or any other company is solvable. All you need to learn is how to recover these shares or dividends using the best possible ways.

Given the fact that Borosil Limited’s share price in 2025 is Rs. 339.75/- and the company’s steady profit escalation of 19.9% CAGR for the past 5 years, you don’t want to waste time in recovering unclaimed Borosil Limited dividend from IEPF.

Get help with that from this post.

Understanding Unclaimed Dividends 

What are dividends?

Well, it happens when you co-exist with a company.

Let us have an explanation of this throughout our physiology. Consider the body as the company and shareholders as beneficial bacteria living in the guts of that body. The bacteria, which are you, help the body (the company) to digest food and, in return, get to have a share of all the food the body has consumed over a meal.

Similarly, as an investor, you invest money in a company to become its shareholder. ‘Dividends’ here are parts of the profit the company makes, which it shares with its shareholders.

But why do these dividends or shares remain unclaimed? It has a specific reason for it. Let’s suppose you have dividends from Borosil Limited and you didn’t update your contact details, are involved in working with your shares, or have not claimed it for a long time, then you’re not simply claiming it.

If these cases go on for a consecutive timespan, then your shares get termed as unclaimed dividends.

What happens to your unclaimed dividends? Does it go back to the company, which is, in this case, Borosil Limited? Or does it end up being declined?

Well, there is a formal procedure the government has sorted out to manage this problem, not only for you, but for any shareholder owning shares from Borosil  Limited.

The unclaimed dividend goes to the authority known as the Investor Education and Protection Fund (or the IIEPF), of which you have been acquainted before in this blog post.

In this stage, your dividends rest with the IEPF authority, which protects your shareholder documentation and other relevant information.

Does it mean it has to stay this way? Of course not!. You can claim your unclaimed dividend from IEPF by following the accurate ways of share recovery.

The Unclaimed Dividend Journey to IEPF  

You know why your shares move to the IEPF, but you haven’t yet known when.

To learn about that, we might need to go through the legal framework first, which is not something like rocket science for most people.

The IEPF is connected to the Ministry of Corporate Affairs (MCA by legal norms.

Apart from that, though, IEPF is governed by the Companies Act 2013. Under it, Section 124 (6) dictates its regulations with unclaimed dividends, which tells you what happens to your Borosil Limited shares when you don’t claim them.

As rules dictate, your dividends are going to transfer to the IEPF authority when you don’t make any move about updating your shares or claiming them for a consecutive 7 years. Again, it does not mean that the ownership status changes. It only shifts it to the IEPF authority to protect the shareholder documents.

Finding Out If You Have Unclaimed Dividends from  Borosil Limited  

Now that you know about the unclaimed dividends from IEPF regarding your Borosil Limited shares, it is time you find out where you stand with your ownership of the shares and how you can get them back following the correct procedure.

Note that understanding the process of your share recovery involves proper documentation. Here is where you need to know your share status to define the upcoming share recovery effectively.

You can learn about how to check your Borosil Limited unclaimed dividends from the points below:

Step 1: Reviewing Old Records:  

Think about it. When you want to claim your unclaimed dividends from an organisation such as IEPF, you want to enter all your details at the time you apply.

Therefore, take some time to find out the share certificate details, demat account numbers and details, IDS, dividend statements, and more.

Sometimes, the unfortunate death of a shareholder requires more details. In that case, the legal heir or nominee of Borosil Limited shares must arrange the death certificate, probate of will, or the succession certificate (in case the shareholder couldn’t get to make a will) to maintain the claim recovery process accurately.

Step 2: Contacting Borosil Limited’s Registrar:  

Every company has its official registrar who works as an intermediary between the company and the shareholders, bridging the gap between them and supplying the latter with all related assistance.

The registrar, known officially as the Registrar and Transfer Agent (RTA), is to be contacted to help you out with the recovery of unclaimed dividends from IEPF.

As a shareholder or an heir/ nominee, you must find out a secure way to contact the RTA of Borosil Limited. You need to do this because your details for unclaimed dividend recovery reach this professional with your claim.

Step 3: Checking the MCA Website:  

By this point, we can consider that you are about to find more information about your Borosil Limited shares because you’re ready to recover them.

This is where you want to reach out to the MCA website, navigate to the ‘Track Your Dividends’ section. It is likely to lead you to a search option where you can put your data, i.e., your name, Aadhar/ PAN details, shareholder certificate information, and more, to find and check your Borosil Limited share ownership in the list of shareholders.

Step-by-Step Guide to Recovering Unclaimed Dividends from IEPF 

At this part of the post, you are sure to go for the recovery process of unclaimed dividends from IEPF that you own from Borosil Limited. The points you see below might be of some assistance to you:

Step 1: Filing Form IEPF-5:

You are to fill out the IEPF form 5 from the official website of the Ministry of Corporate Affairs. It’s easy to do so. All you have to do is go to the MCA official website, where you can find the IEPF section. You can easily find the latter by going to the ‘Company E-Filing’ section, under which you can locate the IEPF section.

Step 2: Uploading Documents: 

You can easily track the IEPF Services section in the IEPF section and find forms such as IEPF-2, IEPF-5, and the like. As you might have already guessed, you want to click on the IEPF-5 form and fill it up with relevant and correct documents such as the share certificate details, your ID proofs, etc.

Step 3: Verification by Borosil Limited: 

You should know how the verification process takes place with IEPthe F authority co, considering the flow of the process followed. When you submit your share-related documents to the IEPF authority, they send them to the company – Borosil Limited – for verification. Mind you that this is the step where the slightest mismatch in your documents or problems originating from the lack of updates may cause issues. However, if all goes well, the company approves your claim and sends it to the IEPF.

Step 4: Claim Approval and Refund: 

With the claim request approved by the company, all you need to do is wait for getting back your unclaimed dividend from IEPF to be returned to your account. This phase of the recovery process takes a little time. However, it is not very lengthy. As you have successfully finished the claim, your dividends are going to be sent to your demat account, and that marks the restoration of your Borosil Limited shares.

Important Points: Remember to Recover Borosil Unclaimed Dividend  

We must repeat the fact that Borosil Limited shares are not difficult to claim and recover if you’re patient throughout the process and you share the correct shareholder/ investor information.

Like all other formal procedures, getting back your Borosil Limited shares from IEPF requires you to work on a few things when you apply for the claim. They are:

• Never forget to update your share certificate details and ID proof.
• Be open to mismatches in the shared information and solve the issue with diligence.
• In case of the shareholder’s demise, attach the necessary paperwork and supporting evidence of the legal heir/ nominee.
• Be mindful and patient throughout the process and double-check your shareholder documents before submission of the IEPF-5 form.
• In case of assistance, find an investment recovery service that may show you the easiest way to recover your Borosil Limited share recovery from IEPF.

Conclusion 

Are you stuck trying to recover your Borosil Limited unclaimed dividend from IEPF at this moment?

Or is it that you are thinking of it, but you are worried if your solo efforts are going to work?

Well, in that case, you need assistance. You can use a little bit of assistance to help you sort out these matters effectively.

We at Infiny Solutions do just that. We are a team of consultants that work tirelessly to help you recover your Borosil Limited unclaimed dividends from IEPF the fastest.

Our consultants have worked with countless clients in the recovery of their shares from Borosil Limited and other companies. They can help you solve even the most complicated clutter in the way of your dividend recovery.

The good thing is they do all of this in not only the quickest, but also in the safest way possible.

Want to learn more about our consultants? Talk to them and find out how confident they are in recovering your Borosil Limited shares soon.