ITC SHARES: RECOVERY OF SHARES GUIDE BY MUDS

The IEPF (Investors Education and Protection Fund) was created purely for the aim of transferring assets from investors who have not utilised them in the previous seven years, whether it be unpaid dividends, cash deposits, or interest received on money. Any investor who wishes to transfer their shares can do so through the IEPF. This organisation was established with the help of SEBI (Securities and Exchange Board of India) and & MCA (Ministry of Corporate Affairs)

Typically, people invest little sums of money in a variety of channels in order to build a broad portfolio that allows them to have many sources of income and continue to earn money after they retire. People, on the other hand, have a tendency to forget where they invested after a while, oblivious to the massive financial benefits they are receiving in the shape of big returns. The IEPF, which was founded to educate investors about their rights, has evolved into a board that is primarily responsible for receiving unutilized assets. However, this caused a lot of confusion among investors concerning the share transfer process, which has now been simplified to make it easier to grasp.

Recovery of shares in India has become an easy and quick process, as per new guidelines. You can consult MUDS Management to recover your shares or find lost shares of any company.

What are the IEPF's key goals are as follows:

Educating investors on their rights, as well as the benefits of investing in various types of businesses.

Providing them with accurate information about current events will enable them to make better judgments.

Assist in the recovery of iepf unclaimed shares

Providing information regarding market malpractices and unethical behaviours.

Motivating as many people as possible to participate in the stock market, resulting in a growth in the country's economy.

In 2016, the Ministry of Corporate Affairs of India (MCA) made an innovative move by assisting investors in recovering shares from the IEPF, making the procedure more accessible for everyone. Previously, money could not be reimbursed to the investor once it was sent to the account. Many individuals would lose money as a result of poor investment selections, lost shares, a lack of understanding of how to channel their finances, and so on. The dividends can now be recovered by completing the IEPF claim online application.

Now that we've covered how the IEPF works, let's talk about ITC as a brand whose shares we wish to reclaim. ITC is one of India's largest FMCG corporations, with operations in a variety of industries. It is one of the few firms that has had significant growth during the previous decade. It is one among India's top ten most valuable trademarks, and it shows no signs of slowing down in terms of development prospects. Having begun by selling only tobacco goods, the corporation has expanded into practically every industry, making it a multifaceted commercial entity. It is one of the few organisations that have lasted in the market for so long, having been able to rise continuously since the past century.

With the huge amount of development the brand has achieved with its income and operations, the company's market worth continues to rise. In difficult times, the firm has also managed to stay afloat. Taking the pandemic of two years ago as an example, the company's sales have not slowed as a result of its expansion in multiple industries. This brand's investors have complete trust in the firm due to its consistent profit margins.

To put it another way, if you had 5 shares of the firm in 1980, you would receive 1 share of the company for every 5 shares you owned. So, let's say I bought 500 shares of the firm at Rs.10 in 1994 for Rs 5000. Given the company's bonus ratio, I'd have 1000 shares because the bonus ratio is 1:1. The record date is the deadline set by each firm for the public offering of its shares, after which no more investments will be accepted. Looking at the firm's bonus history, it's evident that the company has awarded bonus shares to its owners on a regular basis, which is a good sign.

However, in 2005, the firm chose to divide its shares from a face value of ten to one, dividing the shares into ten stocks with a value of one rupee each. As a consequence, the number of shares I now own is 10,000. In 2005, the corporation gave a bonus for a 1:2 ratio, bringing the total number of shares to 15,000 for the first time. In 2010, the firm gave a 1:1 bonus, bringing the total number of shares to 30,000, and in 2016, a 2:1 bonus, bringing the total number of shares to 45000.

WHAT IS CURRENT ITC VALUE?

According to the present value of ITC, the total amount earned is 45000*244.70= 1,10,11,500. So you can see that by investing just Rs.5000, I have amassed a fortune of more than a crore. Not only that, but the corporation also pays dividends to its stockholders on a regular basis. By clicking on the link below, you can view the company's dividend history.

To put it another way, if you had 5 shares of the firm in 1980, you would receive 1 share of the company for every 5 shares you owned. So, let's say I bought 500 shares of the firm at Rs.10 in 1994 for Rs 5000. Given the company's bonus ratio, I'd have 1000 shares because the bonus ratio is 1:1. The record date is the deadline set by each firm for the public offering of its shares, after which no more investments will be accepted. Looking at the firm's bonus history, it's evident that the company has awarded bonus shares to its owners on a regular basis, which is a good sign.

However, in 2005, the firm chose to divide its shares from a face value of ten to one, dividing the shares into ten stocks with a value of one rupee each. As a consequence, the number of shares I now own is 10,000. In 2005, the corporation gave a bonus for a 1:2 ratio, bringing the total number of shares to 15,000 for the first time. In 2010, the firm gave a 1:1 bonus, bringing the total number of shares to 30,000, and in 2016, a 2:1 bonus, bringing the total number of shares to 45000.

According to the current value of ITC, the total amount earned is 45000*244.70= 1,10,11,500. So you can see that by investing just Rs.5000, I have amassed a fortune of more than a crore. Not only that, but the corporation also pays dividends to its stockholders on a regular basis. By clicking on the link below, you can view the company's dividend history. The procedure for recovering dividends from the IEPF is the same as for recovering shares. This example clearly demonstrates that transferring shares in a stock like ITC is worthwhile due to the attractive returns it generates.

Continuing our discussion of the profitable returns that may be obtained from an IEPF claim, let us now look at the method by which investors might recover bonus shares from the IEPF:

To claim the investment, the investor must first log in to the IEPF website and fill out the application form.

Once the form has been completed, the proprietor must send the printout of the form, along with the relevant documentation, to the Nodal office, which will verify the information for the next stage.

After the officer has finished the authentication, he will transmit the verification report to the IEPF authorities for inspection.

After reviewing the report, the IEPF authority makes the ultimate judgement on the requirement of share transfer to the investor.

A succession certificate is necessary to retrieve shares from the IEPF if the investor has died. A succession certificate is a piece of paper that authorises the owner to collect the shares on behalf of a deceased individual. However, a legal heir certificate must first be provided to establish the relationship between the dead and the individual. After getting the death certificate, the individual can apply for this certificate with the help of his advocate.

After the certificate has been provided to the individual, the share can be transmitted.

In the event of joint shareholders, shares can be recovered by filing an employment application to the Registrar/Transfer Agent if one of the shareholders dies.

TRANSFER PHYSICAL SHARES IN YOUR DEMAT WITH MUDS

Due to the fact that older investors frequently owned shares in tangible form, lost shares is a common issue among investors. They were lost, making it impossible to track down iepf unclaimed shares. Stock certificates are no longer required in today's world, since the entire process has gone digital, making it easier for everyone.

Let's speak about demat accounts for a moment. Demat accounts are essential for each investor since they are required to acquire shares if they do not have one. Demat accounts are similar to bank accounts in that shares may be transferred from one account to another instead of cash.

We are aware of the advantages that share recovery can provide to an investor, but the entire process of recovering iepf unclaimed shares may be difficult since it needs a great deal of detail and accurate information in order to progress. It is usually advisable to contact a specialist who is technically skilled in order to recover IEPF shares. This will save time because the person can do the task swiftly. If the shares are owned by an elder family member, they can also assist in obtaining the proprietor's signature. You may communicate directly with the expert to find out the status of your application and wait for the procedure to be completed.

To avail the service of Recovery of share in India, MUDS management is the best option in this industry as we have recovered more than 10 crores in recent years.