IEPF Claim Procedure for Mahindra & Mahindra Limited

IEPF Claim Procedure for Mahindra & Mahindra Limited. Recovering unclaimed shares or dividends from the Investor Education and Protection Fund (IEPF) can be confusing, especially for shareholders of large and well-known companies like Mahindra & Mahindra Limited (M&M). Mahindra & Mahindra is one of India’s biggest and most trusted companies, with a strong reputation built over several decades.
Founded in 1945, Mahindra & Mahindra is a flagship company of the Mahindra Group and is best known for manufacturing cars, SUVs, tractors, and commercial vehicles. Popular vehicles such as Bolero, Scorpio, Thar, XUV700, and Mahindra tractors are widely used across India and in many countries around the world.
The company has a strong presence in both Indian and global markets and is also involved in sectors such as IT services, finance, renewable energy, and farm equipment. Known for innovation, quality, and durable products, Mahindra & Mahindra has earned long-term customer trust and leadership in the automobile and tractor industry.
This article provides a simple overview of Mahindra & Mahindra Limited and explains how shareholders can recover their unclaimed dividends or shares that have been transferred to the IEPF.
Learn more about Recovery of Shares.
Historical Background of Mahindra & Mahindra Limited.
Mahindra & Mahindra Limited (M&M) began its journey in 1945. It was started by three brothers – J.C. Mahindra, K.C. Mahindra, and Malik Ghulam Muhammad. In the beginning, the company’s name was Mahindra & Muhammad, and it mainly dealt with steel trading.
After India’s independence in 1947, Malik Ghulam Muhammad moved to Pakistan, and the company’s name was changed to Mahindra & Mahindra.
During the early years, M&M entered the automobile sector by assembling Willys Jeeps in India. These rugged jeeps became very popular, especially in rural areas and with the Indian army.
From there, the company kept growing. Over the decades, Mahindra expanded into:

Automobiles (Scorpio, Bolero, Thar, XUV series)

Farm equipment (tractors and farming machines)

IT services (Tech Mahindra)

Financial services

Renewable energy

Real estate and hospitality

Mahindra became known for producing strong, reliable, and long-lasting vehicles, especially for tough Indian roads. Today, Mahindra & Mahindra is one of India’s largest business groups, with operations in more than 100 countries.
Financial Performance
Mahindra & Mahindra has shown strong and steady financial growth over the years. The company earns money from many businesses like cars, tractors, IT services, finance, and real estate, which keeps its income stable. Its revenue has increased mainly because of the high demand for SUVs like Thar, Scorpio-N, and XUV700, and also tractors. Mahindra earns good profits every year by selling more vehicles and managing its costs well. The company is a market leader in tractors and has a strong position in the SUV segment, which makes it financially strong. It also invests in electric vehicles and new technologies to grow in the future. Because it manages debt carefully, investors trust Mahindra, and its share price has also shown positive growth over time.
Step-by-Step: How to Claim Shares & Unpaid Dividend from IEPF
Step 1: Check Your Unclaimed Shares or Dividend Status
First, you need to confirm whether your Mahindra & Mahindra shares or dividends have gone to the IEPF. For this, visit the Mahindra & Mahindra Investor Relations page or directly go to the IEPF website. Enter your Folio Number or DP ID/Client ID. The website will show the status and tell you whether your dividends were unclaimed for 7 years or if your shares were transferred to the IEPF. This helps you know exactly what you need to claim.
Step 2: Contact Mahindra & Mahindra Ltd (KFin Technologies Ltd)
Mahindra & Mahindra Ltd Registrar & Share Transfer Agent (RTA) is:
KFin Technologies Ltd,
Karvy Selenium Tower B,
Plot number 31-32, Gachibowli,
Financial District, Nanakramguda,
Hyderabad,Telangana,500032
Email: einward.ris@kfintech.com
Phone: 040 - 67162222
Step 3: Receive the Entitlement Letter from KFintech
After checking your details, KFintech will send you an Entitlement Letter. This letter is very important because it confirms the number of shares and the amount of dividends that were transferred to the IEPF in your name. It also confirms that you are the rightful owner. Without this letter, you cannot file your claim with the IEPF Authority.
Step 4: Prepare the Document Set for Physical Submission
You must send the following documents by courier/speed post to Mahindra & Mahindra Ltd Nodal Officer:
Mandatory Documents:

Signed IEPF-5 form

IEPF SRN Acknowledgement

Indemnity Bond (on non-judicial stamp paper as per IEPF rules)

Advance Stamped Receipt (signed by applicant & witnesses)

Entitlement Letter from RTA

Self-attested PAN & Aadhaar copies

Cancelled cheque

Client Master List (CML) issued by your DP

Original share certificates (if shares were held in physical form)

If Applicant is a Legal Heir/Successor:

Death certificate of original shareholder

Legal heir certificate / succession certificate / probate / registered will

NOCs from all other legal heirs

ID/address proof of all heirs

Legal heir cases generally require more verification and may take extra processing time.
Step 5: Fill out the IEPF Form-5 on the MCA Website
Visit the Ministry of Corporate Affairs (MCA) website → IEPF → Form IEPF-5.
Details to be filled in Form-5:

Full name, address, PAN, Aadhaar

Details of Mahindra & Mahindra Ltd

Number of shares claimed

Year-wise dividend details

Bank account details

Demat Account details (DP ID & Client ID)

After online submission:

Download IEPF-5 Form

Download Acknowledgement with SRN number

Both must be printed, signed, and included in the final document set.
Step 6: Submit the Physical IEPF Form-5 and Documents to Nodal Officer
Send by Speed Post or Courier to:
Nodal Officer: Mr. Sailesh Kumar Daga
Email ID: Daga.sailesh@mahindra.com
Phone no: 022- 6919 5191
Address: 2nd Floor, Mahindra Towers, Secretarial Department Dr. G.M. Bhosale Marg, Worli, Mumbai – 400018 
Ensure that all documents are properly signed and arranged, as incomplete submissions may lead to delays.
Step 7: Verification by Mahindra & Mahindra
After receiving your documents, the company:

Matches your details with historical records

Confirms authenticity of documents

Ensures all requirements of IEPF Authority are fulfilled

Once completed, Mahindra & Mahindra prepares the Verification Report and sends it to the IEPF Authority generally within 30 days..
Step 8: IEPF Authority Approval
The IEPF Authority reviews the verification report and documents. If everything is correct:

Shares are credited directly to your Demat account

Unclaimed dividends are deposited into your bank account

The process may take several weeks or even a few months depending on the complexity of the claim, especially in legal heir cases.
Final Word
Recovering your shares and dividends from the IEPF may look complicated, but it is actually a clear step-by-step process. The government created the IEPF to keep your money and shares safe if you forget to claim them for many years.
If your Mahindra & Mahindra shares or dividends have gone to the IEPF, you just need to check your status, get the Entitlement Letter from KFintech, fill out the IEPF-5 form, and send all required documents to Mahindra & Mahindra’s Nodal Officer. The company will verify everything and send a report to the IEPF Authority.
Once your claim is approved, your shares will come back to your Demat account, and your dividend money will be credited to your bank account.
In short, the process ensures that your money and shares are protected and can always be recovered, as long as you submit the correct documents. With a little patience and the right paperwork, you can easily get back what belongs to you.
FAQs
Q1. What is the IEPF and why are my shares transferred to it? 
Ans. The Investor Education and Protection Fund (IEPF) is a government organisation that protects unclaimed shareholder money and shares. If you don’t claim your dividend for 7 continuous years, the company must legally transfer those dividends and the related shares to the IEPF. This ensures your investments stay safe and can be recovered anytime in the future.
Q2. How do I check if my Mahindra & Mahindra shares or dividends are transferred to the IEPF? 
Ans. You can quickly check the status on the IEPF website or on Mahindra & Mahindra’s Investor Relations page. Just enter your Folio Number or DP ID–Client ID. The system will show whether your dividends remained unclaimed for 7 years and whether your shares have been transferred to the IEPF.
Q3. Who should I contact for the Entitlement Letter? 
Ans. You need to contact KFin Technologies Ltd, the Registrar & Transfer Agent (RTA) of Mahindra & Mahindra. They verify your details in their records and issue an Entitlement Letter confirming the number of shares and dividends that went to the IEPF. This letter is essential for filing your claim.
Q4. Is the Entitlement Letter mandatory? 
Ans. Yes, it is a compulsory document. The IEPF Authority will not process or approve your claim without this letter because it officially confirms that you are the genuine shareholder. It also specifies the exact shares and dividend amounts transferred to the IEPF.
Q5. What documents are needed to claim shares from IEPF? 
Ans. You must prepare a complete set of documents including Form IEPF-5, SRN acknowledgement, indemnity bond, and advance stamped receipt. Along with these, your PAN, Aadhaar, Cancelled Cheque, CML, and Entitlement Letter are required. If your shares were in physical form, you must also submit original share certificates.
Q6. How long does the verification process take? 
Ans. Mahindra & Mahindra usually verifies your documents and prepares the Verification Report within 30 days of receiving your complete set. However, if the case involves legal heirs, missing papers, or mismatched signatures, the verification may take extra time.
Q7. How long does the IEPF Authority take to release shares? 
Ans. Once the company sends the Verification Report, the IEPF Authority generally takes 2–4 months to process your claim. The duration depends on the clarity of documents, accuracy of details, and whether the case is simple or involves legal heirs.
Q8. Do I need a Demat account to claim my shares? 
Ans. Yes, a Demat account is compulsory because IEPF releases all recovered shares only in electronic (Dematerialized) form. If you don’t have a Demat account, you must open one before submitting your IEPF-5 claim.
Q9. Can legal heirs claim shares if the shareholder has passed away? 
Ans. Yes, legal heirs can file a claim, but they must provide additional documents such as the death certificate, legal heir/succession certificate, will (if any), and NOCs from other heirs. These documents help verify rightful ownership before releasing the shares.
Q10. How will I receive the unclaimed dividend amount? 
Ans. Once your claim is approved, the IEPF Authority directly transfers the unpaid dividends to your bank account mentioned in the IEPF-5 form. Ensure that your bank details, IFSC code, and account number are correct to avoid delays or rejections.

Recovering unclaimed shares or dividends from the Investor Education and Protection Fund (IEPF) can be confusing, especially for shareholders of large and well-known companies like Mahindra & Mahindra Limited (M&M). Mahindra & Mahindra is one of India’s biggest and most trusted companies, with a strong reputation built over several decades.

Founded in 1945, Mahindra & Mahindra is a flagship company of the Mahindra Group and is best known for manufacturing cars, SUVs, tractors, and commercial vehicles. Popular vehicles such as Bolero, Scorpio, Thar, XUV700, and Mahindra tractors are widely used across India and in many countries around the world.

The company has a strong presence in both Indian and global markets and is also involved in sectors such as IT services, finance, renewable energy, and farm equipment. Known for innovation, quality, and durable products, Mahindra & Mahindra has earned long-term customer trust and leadership in the automobile and tractor industry.

This article provides a simple overview of Mahindra & Mahindra Limited and explains how shareholders can recover their unclaimed dividends or shares that have been transferred to the IEPF.

Learn more about Recovery of Shares.

Historical Background of Mahindra & Mahindra Limited.

Mahindra & Mahindra Limited (M&M) began its journey in 1945. It was started by three brothers – J.C. Mahindra, K.C. Mahindra, and Malik Ghulam Muhammad. In the beginning, the company’s name was Mahindra & Muhammad, and it mainly dealt with steel trading.

After India’s independence in 1947, Malik Ghulam Muhammad moved to Pakistan, and the company’s name was changed to Mahindra & Mahindra.

During the early years, M&M entered the automobile sector by assembling Willys Jeeps in India. These rugged jeeps became very popular, especially in rural areas and with the Indian army.

From there, the company kept growing. Over the decades, Mahindra expanded into:

Automobiles (Scorpio, Bolero, Thar, XUV series)
Farm equipment (tractors and farming machines)
IT services (Tech Mahindra)
Financial services
Renewable energy
Real estate and hospitality

Financial Performance

Mahindra & Mahindra has shown strong and steady financial growth over the years. The company earns money from many businesses like cars, tractors, IT services, finance, and real estate, which keeps its income stable. Its revenue has increased mainly because of the high demand for SUVs like Thar, Scorpio-N, and XUV700, and also tractors. Mahindra earns good profits every year by selling more vehicles and managing its costs well. The company is a market leader in tractors and has a strong position in the SUV segment, which makes it financially strong. It also invests in electric vehicles and new technologies to grow in the future. Because it manages debt carefully, investors trust Mahindra, and its share price has also shown positive growth over time.

Step-by-Step: How to Claim Shares & Unpaid Dividend from IEPF

Step 1: Check Your Unclaimed Shares or Dividend Status

First, you need to confirm whether your Mahindra & Mahindra shares or dividends have gone to the IEPF. For this, visit the Mahindra & Mahindra Investor Relations page or directly go to the IEPF website. Enter your Folio Number or DP ID/Client ID. The website will show the status and tell you whether your dividends were unclaimed for 7 years or if your shares were transferred to the IEPF. This helps you know exactly what you need to claim.

Step 2: Contact Mahindra & Mahindra Ltd (KFin Technologies Ltd)

Mahindra & Mahindra Ltd Registrar & Share Transfer Agent (RTA) is:

KFin Technologies Ltd,

Karvy Selenium Tower B,

Plot number 31-32, Gachibowli,

Financial District, Nanakramguda,

Hyderabad,Telangana,500032

Email: einward.ris@kfintech.com

Phone: 040 - 67162222

Step 3: Receive the Entitlement Letter from KFintech

After checking your details, KFintech will send you an Entitlement Letter. This letter is very important because it confirms the number of shares and the amount of dividends that were transferred to the IEPF in your name. It also confirms that you are the rightful owner. Without this letter, you cannot file your claim with the IEPF Authority.

Step 4: Prepare the Document Set for Physical Submission

You must send the following documents by courier/speed post to Mahindra & Mahindra Ltd Nodal Officer:

Mandatory Documents:

Signed IEPF-5 form
IEPF SRN Acknowledgement
Indemnity Bond (on non-judicial stamp paper as per IEPF rules)
Advance Stamped Receipt (signed by applicant & witnesses)
Entitlement Letter from RTA
Self-attested PAN & Aadhaar copies
Cancelled cheque
Client Master List (CML) issued by your DP
Original share certificates (if shares were held in physical form)

If Applicant is a Legal Heir/Successor:

Death certificate of original shareholder
Legal heir certificate / succession certificate / probate / registered will
NOCs from all other legal heirs
ID/address proof of all heirs

Legal heir cases generally require more verification and may take extra processing time.

Step 5: Fill out the IEPF Form-5 on the MCA Website

Visit the Ministry of Corporate Affairs (MCA) website → IEPF → Form IEPF-5.

Details to be filled in Form-5:

Full name, address, PAN, Aadhaar
Details of Mahindra & Mahindra Ltd
Number of shares claimed
Year-wise dividend details
Bank account details
Demat Account details (DP ID & Client ID)

After online submission:

Download IEPF-5 Form
Download Acknowledgement with SRN number

Both must be printed, signed, and included in the final document set.

Step 6: Submit the Physical IEPF Form-5 and Documents to Nodal Officer

Send by Speed Post or Courier to:

Nodal Officer: Mr. Sailesh Kumar Daga

Email ID: Daga.sailesh@mahindra.com

Phone no: 022- 6919 5191

Address: 2nd Floor, Mahindra Towers, Secretarial Department Dr. G.M. Bhosale Marg, Worli, Mumbai – 400018

Ensure that all documents are properly signed and arranged, as incomplete submissions may lead to delays.

Step 7: Verification by Mahindra & Mahindra

After receiving your documents, the company:

Matches your details with historical records
Confirms authenticity of documents
Ensures all requirements of IEPF Authority are fulfilled

Once completed, Mahindra & Mahindra prepares the Verification Report and sends it to the IEPF Authority generally within 30 days..

Step 8: IEPF Authority Approval

The IEPF Authority reviews the verification report and documents. If everything is correct:

Shares are credited directly to your Demat account
Unclaimed dividends are deposited into your bank account

The process may take several weeks or even a few months depending on the complexity of the claim, especially in legal heir cases.

Final Word

Recovering your shares and dividends from the IEPF may look complicated, but it is actually a clear step-by-step process. The government created the IEPF to keep your money and shares safe if you forget to claim them for many years.

If your Mahindra & Mahindra shares or dividends have gone to the IEPF, you just need to check your status, get the Entitlement Letter from KFintech, fill out the IEPF-5 form, and send all required documents to Mahindra & Mahindra’s Nodal Officer. The company will verify everything and send a report to the IEPF Authority.

Once your claim is approved, your shares will come back to your Demat account, and your dividend money will be credited to your bank account.

In short, the process ensures that your money and shares are protected and can always be recovered, as long as you submit the correct documents. With a little patience and the right paperwork, you can easily get back what belongs to you.

FAQs

Q1. What is the IEPF and why are my shares transferred to it?

Ans. The Investor Education and Protection Fund (IEPF) is a government organisation that protects unclaimed shareholder money and shares. If you don’t claim your dividend for 7 continuous years, the company must legally transfer those dividends and the related shares to the IEPF. This ensures your investments stay safe and can be recovered anytime in the future.

Q2. How do I check if my Mahindra & Mahindra shares or dividends are transferred to the IEPF?

Ans. You can quickly check the status on the IEPF website or on Mahindra & Mahindra’s Investor Relations page. Just enter your Folio Number or DP ID–Client ID. The system will show whether your dividends remained unclaimed for 7 years and whether your shares have been transferred to the IEPF.

Q3. Who should I contact for the Entitlement Letter?

Ans. You need to contact KFin Technologies Ltd, the Registrar & Transfer Agent (RTA) of Mahindra & Mahindra. They verify your details in their records and issue an Entitlement Letter confirming the number of shares and dividends that went to the IEPF. This letter is essential for filing your claim.

Q4. Is the Entitlement Letter mandatory?

Ans. Yes, it is a compulsory document. The IEPF Authority will not process or approve your claim without this letter because it officially confirms that you are the genuine shareholder. It also specifies the exact shares and dividend amounts transferred to the IEPF.

Q5. What documents are needed to claim shares from IEPF?

Ans. You must prepare a complete set of documents including Form IEPF-5, SRN acknowledgement, indemnity bond, and advance stamped receipt. Along with these, your PAN, Aadhaar, Cancelled Cheque, CML, and Entitlement Letter are required. If your shares were in physical form, you must also submit original share certificates.

Q6. How long does the verification process take?

Ans. Mahindra & Mahindra usually verifies your documents and prepares the Verification Report within 30 days of receiving your complete set. However, if the case involves legal heirs, missing papers, or mismatched signatures, the verification may take extra time.

Q7. How long does the IEPF Authority take to release shares?

Ans. Once the company sends the Verification Report, the IEPF Authority generally takes 2–4 months to process your claim. The duration depends on the clarity of documents, accuracy of details, and whether the case is simple or involves legal heirs.

Q8. Do I need a Demat account to claim my shares?

Ans. Yes, a Demat account is compulsory because IEPF releases all recovered shares only in electronic (Dematerialized) form. If you don’t have a Demat account, you must open one before submitting your IEPF-5 claim.

Q9. Can legal heirs claim shares if the shareholder has passed away?

Ans. Yes, legal heirs can file a claim, but they must provide additional documents such as the death certificate, legal heir/succession certificate, will (if any), and NOCs from other heirs. These documents help verify rightful ownership before releasing the shares.

Q10. How will I receive the unclaimed dividend amount?

Ans. Once your claim is approved, the IEPF Authority directly transfers the unpaid dividends to your bank account mentioned in the IEPF-5 form. Ensure that your bank details, IFSC code, and account number are correct to avoid delays or rejections.