Maruti Suzuki Shares: Full Process to Claim Unclaimed Stock from IEPF

CCl- Compliance Calendar LLP

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Recovering unclaimed shares or dividends from the Investor Education and Protection Fund (IEPF) can feel confusing, especially for shareholders of large companies like Maruti Suzuki India Limited. Maruti Suzuki is the biggest and most trusted car company in India, known for its strong presence and reliability.

For more than 40 years, Maruti Suzuki has made travelling easier for Indian families by offering cars that are affordable, dependable, and fuel-efficient. Popular models such as Alto, WagonR, Swift, Dzire, Baleno, Brezza, Ertiga, and Grand Vitara are seen across cities, towns, and villages.

The company also has a huge service network and excellent customer support, making maintenance simple for car owners. Over time, Maruti Suzuki has built a reputation for quality, innovation, and customer-friendly products, and continues to introduce new technologies to suit Indian customers.

This article provides a simple overview of Maruti Suzuki’s background and explains how shareholders can recover their unclaimed dividends or shares that have been transferred to the IEPF.

History and Background of Maruti Suzuki

Maruti Suzuki started in 1981 as Maruti Udyog Limited, a joint venture between the Government of India and Suzuki Motor Corporation of Japan. The company’s goal was to provide affordable and reliable cars for Indian families. Its first big success came in 1983 with the launch of the Maruti 800, which became one of the most popular cars in India and changed the way people travelled.

Over the years, Maruti introduced many well-known models like the Alto, WagonR, Swift, Dzire, and Baleno, and built a strong service network across the country. In 2007, Suzuki became the majority owner, and the company was renamed Maruti Suzuki India Limited.

The company has also focused on fuel efficiency and green technology, promoting CNG cars, hybrid systems, and cleaner engines. Today, Maruti Suzuki remains India’s leading car manufacturer, known for its affordability, reliability, and customer-friendly approach.

Financial Performance

Maruti Suzuki is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The company has consistently demonstrated strong revenues, high market share, and stable profitability, making it a preferred stock among retail and institutional investors.

Maruti regularly declares dividends. However, many shareholders do not claim these dividends on time. As per law, if dividends remain unclaimed for seven consecutive years, both the dividend amount and the related shares are transferred to the Investor Education and Protection Fund (IEPF).

This article explains how shareholders or their legal heirs can reclaim these shares or dividends through a proper step-by-step process.

Process to Claim Dividend or Shares from IEPF (Maruti Suzuki)

Step 1: Check Your Unclaimed Dividend Status

Visit:

  • The Maruti Suzuki website → Investor Relations section

  • The IEPF website- Enter your Folio Number or DP ID/Client ID to check if any of your dividends or shares have been transferred to the IEPF.

Step 2: Contact Maruti Suzuki’s Registrar (RTA)

Maruti Suzuki’s Registrar & Share Transfer Agent (RTA) is:

KFin Technologies Ltd, Karvy Selenium, Tower- B, Plot No. 31 & 32,

Financial district, Nanakramguda, Serilingampally

Mandal, Hyderabad, Telangana,500032

Email: einward.ris@karvy.com

Helpline: 040 - 67161500 / 18003454001

Procedure:

  • Reach out to the RTA or the Nodal Officer to confirm your eligibility to claim shares or dividends.

  • Request an Entitlement Letter, which confirms:

    • Number of shares transferred to IEPF

    • Amount of unclaimed dividend

    • Confirmation that you are the rightful shareholder

  • Email the following documents:

    • PAN & Aadhaar

    • Folio number or Demat details

    • Old dividend warrants (if available)

    • Any supporting documents for shareholding

Step 3: Prepare IEPF Form-5 on the MCA Website

Go to the Ministry of Corporate Affairs (MCA) website → IEPF Services.

Fill Form IEPF-5 with:

Details Required:

  • Personal Information: PAN, Aadhaar, Address, Email ID, Phone No.

  • Company Name: Maruti Suzuki India Limited

  • Claim Details: No. of shares / unpaid dividends

  • Demat Account Information: DP ID & Client ID

After submitting, download:

  • The filled IEPF-5 form

  • The acknowledgement (SRN number)

These must be sent to the company.

Step 4: Prepare Documents for Submission to Maruti Suzuki

Compile the following:

Required Documents:

  • Printed & signed IEPF-5 form

  • Acknowledgement/SRN copy

  • Indemnity Bond (on non-judicial stamp paper)

  • Advance Stamped Receipt (claimant & witnesses must sign)

  • Entitlement Letter from RTA

  • Self-attested copies of:

    • PAN

    • Aadhaar

    • Cancelled Cheque

    • Client Master List (CML)

  • Original share certificates (if held in physical form)

Additional Documents for Legal Heirs:

  • Death certificate of the original shareholder

  • Succession Certificate / Legal Heir Certificate / Registered Will

  • NOC from other legal heirs (if required)

  • ID & Address proof of all heirs 

Step 5: Send Documents to Maruti Suzuki’s Nodal Officer

Send the complete set by speed post or courier to:

Nodal Officer – IEPF

Mr. Sanjeev Grover

(Executive Officer & Company Secretary)

Maruti Suzuki India Limited
1, Nelson Mandela Marg,
Vasant Kunj, New Delhi – 110070

Email: investorrelations@maruti.co.in
Tel: +911146781000

Step 6: Verification by Maruti Suzuki

Upon receiving your documents, the company will:

  • Verify the claim

  • Confirm document completeness

  • Prepare a Verification Report

Maruti Suzuki must submit this report to the IEPF Authority within 30 days.

Step 7: Approval by the IEPF Authority

After receiving the Verification Report, the IEPF Authority reviews the claim. If all documents are correct:

  • Shares are credited to the claimant’s Demat account

  • Unpaid dividends (if any) are credited to the claimant’s bank account

Processing time varies based on the case. 

Final Word

Getting back your unclaimed dividends or shares from the IEPF may look difficult, but the process becomes easy if you follow the steps correctly. Maruti Suzuki India Ltd and its RTA, KFin Technologies, help shareholders and their families with all the required documents and verification.

You just need to check whether your shares or dividends are transferred, get the Entitlement Letter, fill out Form IEPF-5, and send the documents to the company. After the company checks everything, the IEPF Authority approves your claim. Your shares will come back to your Demat account, and your dividends will be sent to your bank account.

If you keep your documents ready and follow up on time, the process becomes smooth.

If you need help in getting your unclaimed shares or dividends back, you can contact Compliance Calendar LLP, as they provide support for IEPF claims

Frequently Asked Questions (FAQs)

Q1. What is the IEPF?

Ans. The Investor Education and Protection Fund (IEPF) is a government authority that safeguards unclaimed dividends, matured deposits, matured debentures, and shares. When shareholders do not claim their dividends for seven years, the associated shares are transferred to the IEPF. This ensures the assets are protected and can be claimed later. Shareholders or legal heirs can recover them by following the official IEPF claim process.

Q2. Why were my Maruti Suzuki shares transferred to the IEPF?

Ans. Your shares were transferred because dividends linked to them were not claimed for seven consecutive years. This is required under the Companies Act to prevent old, unclaimed investments from remaining inactive. The transfer does not mean you lose ownership. You can reclaim the shares and dividends by submitting Form IEPF-5 and completing the verification process.

Q3. How can I check if my Maruti Suzuki shares or dividends are unclaimed?

Ans. You can check your unclaimed status on the IEPF website by entering your Folio Number or DP ID/Client ID. You may also visit Maruti Suzuki’s Investor Relations page where the company publishes details of unclaimed dividends. This helps you verify whether your dividend remains unclaimed or whether your shares have already been moved to the IEPF.

Q4. Who do I contact for help with my claim?

Ans. Maruti Suzuki’s Registrar and Transfer Agent (RTA), KFin Technologies Ltd, handles all share-related queries. You can contact them through email or phone to confirm your eligibility and request an Entitlement Letter. They guide you through the necessary documents you need to submit. Their support ensures the claim process becomes smoother and faster.

Q5. What is an Entitlement Letter?

Ans. It is a document issued by the RTA confirming:

  • How many shares were transferred

  • Amount of unclaimed dividend

  • That you are the rightful shareholder

Q6. What is Form IEPF-5?

Ans. Form IEPF-5 is an online form available on the Ministry of Corporate Affairs (MCA) website. It is used to submit claims for unclaimed dividends, matured deposits, and shares transferred to the IEPF. You must fill in your personal details, share details, and Demat account information. After submitting the form, you must print and send it along with supporting documents to Maruti Suzuki for verification.

Q7. Do legal heirs also need to fill Form IEPF-5?

Ans. Yes, legal heirs must fill Form IEPF-5 if the original shareholder is deceased. They also need to provide additional documents like the death certificate, succession certificate, legal heir certificate, or registered will. In some cases, NOC from other legal heirs may be required. These documents help prove rightful ownership and avoid disputes.

Q8. How long does the claim process take?

Ans. After receiving your documents, Maruti Suzuki has up to 30 days to verify them and submit a Verification Report to the IEPF Authority. Once the IEPF receives the report, they begin reviewing your claim. The total time may vary depending on document accuracy and workload, usually taking a few weeks to a few months.

Q9. Where will I receive my recovered shares?

Ans. Once the IEPF Authority approves your claim, your shares will be credited directly into your Demat account. Any unpaid dividends associated with those shares will be transferred to your registered bank account. You do not receive physical certificates, as the entire process is digital.

Q10. Can Compliance Calendar LLP help me with the claim?

Ans. Yes, Compliance Calendar LLP assists shareholders and legal heirs in filing IEPF claims. They help you gather documents, prepare the indemnity bond, fill Form IEPF-5, and coordinate with the company and RTA. Their guidance is helpful especially if you are unfamiliar with legal or technical procedures. This makes the entire recovery process much easier.

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