Recovery of Tata Motors Passenger Vehicles Limited Shares from IEPF

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Tata Motors Passenger Vehicles Limited (TMPVL) is a leading automobile company in India and a key part of the Tata Group, one of the country’s most trusted business conglomerates. TMPVL is known for designing, manufacturing, and selling passenger vehicles that combine safety, innovation, and sustainability.

Popular vehicles such as Tata Nexon, Punch, Tiago, Tigor, Altroz, Harrier, Safari, and electric vehicles like Nexon EV and Tiago EV have made Tata Motors a household name across India. With a strong focus on electric mobility, safety ratings, and customer trust, Tata Motors has become one of India’s fastest-growing passenger vehicle manufacturers.

This article explains the background of Tata Motors Passenger Vehicles Limited and provides a step-by-step guide on how shareholders can recover their unclaimed dividends or shares transferred to the Investor Education and Protection Fund (IEPF).

History and Background of Tata Motors Passenger Vehicles Limited

Tata Motors Limited started in 1945 as Tata Engineering and Locomotive Company (TELCO). In the beginning, it mainly made commercial vehicles like trucks and buses. Over time, the company also started making passenger cars and became a well-known automobile company in India and abroad.

As the passenger vehicle business grew, Tata Motors decided to separate this part of the business so that it could get full attention and grow faster. Because of this, the passenger vehicle business of Tata Motors was moved into a new company called Tata Motors Passenger Vehicles Limited (TMPVL).

TMPVL was created to focus only on passenger cars and electric vehicles in India. Although it is a separate company, it is still part of the Tata Group and works under Tata Motors’ guidance. The company follows Tata Group values such as honesty, quality, and responsibility.

With a clear focus on innovation, electric vehicles, and safe cars, Tata Motors Passenger Vehicles Limited plays an important role in India’s automobile industry.

Financial Performance

Tata Motors Limited, the parent company of Tata Motors Passenger Vehicles Limited, is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The company has shown strong financial recovery and growth in recent years, especially in the passenger vehicle and electric vehicle segments.

Tata Motors regularly declares dividends for its shareholders. However, in many cases, dividends remain unpaid due to incorrect bank details, change of address, or lack of awareness. 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) as per the Companies Act, 2013. 

Process to Claim Dividend or Shares from IEPF (Tata Motors Passenger Vehicles Limited)

Step 1: Check Your Unclaimed Dividend Status

First, visit:

Enter your Folio Number (for physical shares) or DP ID/Client ID (for demat shares) to check whether any dividends or shares have been transferred to the IEPF. 

Step 2: Contact Registrar and Share Transfer Agent (RTA)

The Registrar and Share Transfer Agent for Tata Motors Passenger Vehicles Limited is:

MUFG Intime India Pvt. Ltd,

C-101, 1st Floor, 247 Park,

Lal Bahadur Shastri Marg, Vikhroli (West),

Mumbai, Maharashtra, 400083

Email: investor.helpdesk@in.mpms.mufg.com

Phone: 8108118484

Steps to follow:

  • Contact the RTA or the company’s Nodal Officer to confirm your eligibility.

  • Request for an Entitlement Letter, which confirms:

    • Number of shares transferred to IEPF

    • Dividend amount transferred

    • Confirmation that you are the rightful claimant

  • Submit identity proof (PAN, Aadhaar), folio/demat details, and old dividend warrants (if available). 

Step 3: File IEPF Form-5 on MCA Website

Visit the Ministry of Corporate Affairs (MCA) website and log in under MCA Services.

Fill Form IEPF-5 with the following details:

Documents Required:

  • Personal Information (PAN, Aadhaar, address, email, mobile)

  • Company Name: Tata Motors Passenger Vehicles Limited

  • Claim Details (shares/dividend amount)

  • Demat Account Details (DP ID and Client ID)

After submission:

  • Download the filled IEPF-5 Form

  • Save the Acknowledgement (SRN) for reference 

Step 4: Prepare Document Set for Submission to the Company

Send a hard copy of the IEPF-5 form and supporting documents to the company’s Nodal Officer.

List of Required Documents

  • Signed IEPF-5 Form and acknowledgement

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

  • Advance Stamped Receipt (signed by claimant and witness)

  • Entitlement Letter from RTA/company

  • Self-attested copies of:

    • PAN and Aadhaar

    • Cancelled cheque

    • Client Master List (CML) from DP

  • Original share certificates (if physical shares)

Additional Documents for Legal Heir Claims

  • Death certificate of the deceased shareholder

  • Succession Certificate / Legal Heir Certificate / Registered Will

  • No Objection Certificates (NOCs) from other legal heirs (if required)

  • Identity and address proof of all legal heirs 

Step 5: Submit Documents to Company Nodal Officer

Send the complete document set by Speed Post or Courier to:

Nodal Officer – IEPF

Mr. Maloy Kumar Gupta

Company Secretary

Tata Motors Limited,

24, Bombay House, Homi Mody Street,

Mumbai - 400 001

Tel.:+91 22 6665 8282

Fax: + 91 22 2653 3297

For further query nodalofficer.iepf@tatamotors.com

Deputy Nodal Officer - IEPF

Ms Bhakti Zore

Senior Manager - Secretarial

Tata Motors Limited, Bombay House,

24, Homi Mody Street, Mumbai - 400 001

Tel.:91 22 66657615

For further query bhakti.zore@tatamotors.com

Ms Anindita Goswami

Senior Manager - Secretarial

Tata Motors Limited, Bombay House,

24, Homi Mody Street, Mumbai - 400 001

Tel.:+91 22 66657816

For further query anindita.goswami@tatamotors.com 

Step 6: Verification by the Company

Once the documents are received, Tata Motors verifies the claim. After verification, the company prepares a Verification Report and submits it to the IEPF Authority within 30 days.

Only after this verification does the IEPF Authority begin processing the claim. 

Step 7: Approval by IEPF Authority

After reviewing the documents and verification report:

  • Shares are credited to the claimant’s Demat Account

  • Unpaid dividends (if any) are credited to the registered bank account

The processing time may vary depending on the completeness of documents 

Final Word

Recovering unclaimed dividends or shares of Tata Motors Passenger Vehicles Limited from the IEPF may seem complicated at first, but it becomes much easier when the process is followed step by step with proper documentation. As a trusted Tata Group company, Tata Motors has a clear and transparent system through its Registrar and Nodal Officers to help shareholders and their legal heirs reclaim their rightful investments.

By checking the unclaimed dividend status, obtaining the entitlement letter, filing Form IEPF-5, and submitting all required documents accurately and on time, shareholders can successfully complete the claim process. With careful compliance and regular follow-up, unclaimed shares and dividends can be restored, ensuring that investors’ financial rights are protected and long-term investments are not lost.

For professional support, end-to-end assistance, and expert guidance in the IEPF recovery process, shareholders may contact Compliance Calendar LLP for reliable help and timely resolution.

Frequently Asked Questions (FAQs)

Q1. What is the Investor Education and Protection Fund (IEPF)?

Ans. The IEPF is a government fund created to safeguard investor interests. When dividends or shares remain unclaimed for many years, they are transferred to the IEPF. Shareholders or their legal heirs can later claim these amounts by following the prescribed procedure. The fund is managed by the Ministry of Corporate Affairs.

Q2. Why were my Tata Motors Passenger Vehicles shares transferred to the IEPF?

Ans. If dividends on your shares remain unclaimed for seven consecutive years, the unpaid dividends and the related shares are transferred to the IEPF. This usually happens due to incorrect bank details, address changes, or lack of awareness. The transfer is mandatory under the Companies Act, 2013.

Q3. How can I check whether my shares are with the IEPF?

Ans. You can check your unclaimed shares or dividends on the IEPF Authority website or on the Tata Motors Investor Relations page. By entering your folio number or demat details, you can see whether any amount or shares have been transferred to the IEPF.

Q4. Is filing Form IEPF-5 compulsory to recover shares or dividends?

Ans. Yes, filing Form IEPF-5 on the MCA website is mandatory for claiming any shares or dividends from the IEPF. Without submitting this form, the IEPF Authority will not process your claim. The form contains personal, company, and claim-related details.

Q5. Who can apply for recovery of shares from the IEPF?

Ans. The original shareholder, nominee, or legal heir can apply for recovery. In case of a deceased shareholder, legal heirs must submit additional documents such as death certificate, succession certificate, or will. All applicants must provide valid identity and ownership proof.

Q6. What documents are required for claiming shares from IEPF?

Ans. You need to submit Form IEPF-5, indemnity bond, advance stamped receipt, entitlement letter, PAN, Aadhaar, cancelled cheque, and demat details. If shares were held physically, original share certificates are required. Legal heirs must submit additional legal documents.

Q7. How long does the IEPF recovery process take?

Ans. After receiving documents, Tata Motors usually completes verification within 30 days. Once the verification report is submitted, the IEPF Authority may take a few weeks or months to process the claim. The time depends on document completeness and case complexity.

Q8. Will the recovered shares be issued in physical form?

Ans. No, the IEPF Authority transfers all recovered shares only in dematerialised (demat) form. Even if the shares were originally held physically, they must be credited to a demat account. Having an active demat account is mandatory.

Q9. What happens if my documents are incomplete or incorrect?

Ans. If documents are missing or incorrect, the company or IEPF Authority may reject or delay your claim. You may be asked to resubmit documents or provide clarifications. Proper and complete documentation helps avoid delays and rejection.

Q10. Whom should I contact for help regarding the IEPF claim?

Ans. You can contact MUFG Intime India Pvt. Ltd, the Registrar and Share Transfer Agent, for initial assistance. For further clarification, you may reach out to Tata Motors’ IEPF Nodal Officer or Deputy Nodal Officers through the provided email and contact details.

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