Vedanta Limited / Recovery of IEPF Shares

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Recovery of shares from the Investor Education and Protection Fund (IEPF) is an important process for Vedanta Limited shareholders who have lost access to their investments. Due to reasons such as change in address, incorrect bank or demat details, non-updation of KYC, or lack of shareholder awareness, certain dividends remain unclaimed. When dividends remain unclaimed for seven consecutive years, the corresponding dividend amounts and shares are transferred to the Investor Education and Protection Fund (IEPF) as per the Companies Act, 2013.

Vedanta Limited is a globally diversified natural resources company engaged in the exploration, extraction, and processing of metals and minerals. Established in 1976, Vedanta has a significant presence across India and abroad in sectors including zinc, lead, silver, oil & gas, iron ore, aluminium, and copper. The company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Vedanta offers a wide range of shareholder services, supported by strong governance, sustainability initiatives, and investor-friendly policies.

Historical Background

Vedanta Limited traces its origins to 1976 with the incorporation of its initial operations in India. The company grew rapidly through acquisitions, expansions, and diversification into multiple natural resource sectors. Vedanta’s core focus has been on sustainable mining practices, innovative technology adoption, and creating value for stakeholders.

Over the years, Vedanta established itself as a leader in metals and mining, contributing significantly to India’s industrial growth. The company expanded its operations both domestically and internationally, focusing on operational efficiency, environmental responsibility, and social development initiatives. Today, Vedanta Limited is recognized as a reliable and globally competitive natural resources company, providing long-term value to shareholders and stakeholders alike.

Financial Performance of Vedanta Limited

Vedanta Limited stands as one of India’s leading natural resources companies demonstrating strong financial performance and a deep commitment to transparency and responsible growth. During FY 2024–25, the Company recorded its highest-ever revenue of Rs.150,725 crore and an EBITDA of Rs.43,541 crore while contributing Rs.55,349 crore to the public excheque, underscoring its role in nation-building. Continuing this momentum FY26 marked Vedanta’s highest-ever first-quarter EBITDA of Rs.10,746 crore driven by operational efficiency, cost optimization and record production across key segments. With improved margins, strong liquidity, reduced debt, robust ESG practices Vedanta remains well-positioned for sustainable long-term growth in India’s evolving economic landscape. Process to Recover Shares or Dividends from IEPF (Vedanta Limited Company).  

 

  Dividends

       

Ex-Date

      Type

      Dividend (Rs)

26 Aug, 2025

    Interim

        16.00

26 June,2025

    Interim

          7.00

24 Dec,2024

    Interim

          8.50

10 Sep,2024

    Interim

        20.00

 

    BONUS

 

Announcement Date

  Ex Bonus

        Ratio

28 April,2008

  08 Aug, 2008

        1:1

17 Dec,2004

  16 Feb, 2005

        1:1

30 March,1993

  23 Apr, 1993

        1:1

29 Aug,1986

----

        2:5

 

    SPLITS

 

  EX-Split

    Old FV

      New FV

08 Aug, 2008

      10

          1

Step 1: Check Unclaimed Dividend or Share Status

The first step is to verify whether any dividend amount or shares of Vedanta Limited Company have been transferred to the IEPF.

You can check the status through: 

IEPF Authority Website
Visit the official IEPF portal and enter your Folio Number (for physical shares) or DP ID–Client ID (for demat shares) to verify whether any amount or shares have been transferred to the IEPF.

This step helps confirm the exact number of shares and dividend amount eligible for recovery.

Step 2: Contact Vedanta company’s Registrar (RTA)

Vedanta Company has appointed a Registrar and Share Transfer Agent (RTA) to manage shareholder-related services.

KFin Technologies Ltd,

Selenium, Tower B, Plot no. 31 & 32,

Financial District, Nanakramguda,

Serilingampally Hyderabad,Telangana,500032

Email: einward.ris@kfintech.com

Tel. : 040 - 67161700 / 18003094001

You must contact the RTA to obtain an Entitlement Letter, which confirms:

  • Number of shares transferred to IEPF

  • Unclaimed dividend amount

  • Claimant’s identity as the rightful shareholder

  • List of supporting documents required

 Documents generally required at this stage:

  • PAN Card and Aadhaar Card

  • Shareholding details (Folio Number or DP ID–Client ID)

  • Client Master List (CML)

  • Cancel cheque of the bank ( Bank link with DEMAT account)

  • Old dividend warrants, if available

  • Death Certificate If

After verification, the RTA issues the Entitlement Letter, which is mandatory for filing the IEPF claim.

Step 3: File IEPF Form-5 on MCA Website

Once the Entitlement Letter is received, the claimant must file IEPF Form-5 online through the Ministry of Corporate Affairs (MCA) portal.

Steps to Access & File IEPF-5:

  • Go to MCA Portal: Visit the MCA website

  • Login: Log in with your registered credentials.

  • Navigate: Go to "MCA Services".

  • Find IEPF-5: Under IEPF Services select IEPF-5 Web Form - Claiming unpaid amounts & shares.

  • Fill Online: Complete the web form with your details, PAN, Aadhaar, bank details, and claim specifics.

  • Submit & Get SRN: Submit the form online to generate a Service Request Number (SRN) and acknowledgement.

  • Download & Print: Print the filled Form IEPF-5 and the acknowledgement

Details required in IEPF Form-5:

  • Name, address, PAN, and Aadhaar

  • Company name – Vedanta Limited Company

  • Number of shares claimed

  • Year-wise dividend details

  • Bank account details

  • Demat account details (DP ID and Client ID)

After submission:

  • Download the filled IEPF Form-5

  • Download the SRN Acknowledgment

Both documents must be printed and signed.

Step 4: Prepare the Document Set for Physical Submission

The claimant must prepare a complete document set and submit Vedanta Limited Company’s   Nodal Officer (IEPF).

Mandatory Documents:

  • Signed IEPF Form-5

  • IEPF SRN Acknowledgment

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

  • Advance Stamped Receipt (duly signed by claimant and witnesses)

  • Entitlement Letter issued by RTA

  • Self-attested copies of PAN and Aadhaar

  • Cancelled cheque

  • Client Master List (CML) issued by the Depository Participant

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

If the Applicant Is a Legal Heir / Successor

If the original shareholder is deceased, additional documents are required:

  • Death certificate of the original shareholder

  • Legal heir certificate / succession certificate / probate / registered will

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

  • Identity and address proof of all legal heirs

Such cases generally involve enhanced scrutiny and may take longer to process.

Step 5: Submission to Vedanta Limited Company’s Nodal Officer

The complete document set must be sent via Speed Post or Courier to the Nodal Officer (IEPF) of Vedanta Limited Company at the bank’s registered office address.

Details to be mentioned:

Nodal officer: Ms. Prerna Halwasiya

Contact No: Tel: +91 22 6643 4500

Email id: comp.sect@vedanta.co.in 

Step 6: Verification by Vedanta Limited Company

Upon receipt of documents, Vedanta Limited Company :

  • Verifies the claimant’s details with historical records

  • Checks authenticity and completeness of documents

  • Ensures compliance with IEPF Rules and guidelines

After verification, the bank submits a verification report to the IEPF Authority, generally within 30 days.

Step 7: Approval by IEPF Authority

The IEPF Authority reviews the documents and verification report submitted by Vedanta Limited Company. If found satisfactory:

  • Shares are credited to the claimant’s demat account

  • Dividend amount is transferred to the claimant’s bank account

This completes the IEPF recovery process for v Vedanta Limited Company shareholders.

Conclusion

Recovering shares and dividends from the Investor Education and Protection Fund (IEPF) is an important process that safeguards the rights of Vedanta Limited shareholders. Even if shares or dividends remain unclaimed for several years and are transferred to the IEPF, the shareholder or their legal heirs do not lose ownership. The structured recovery process ensures that rightful claimants can retrieve their investments in a safe and regulated manner.

Vedanta Limited, along with its Registrar and Share Transfer Agent, and the designated Nodal Officer, provides comprehensive support to shareholders throughout this process. From checking unclaimed amounts, obtaining the Entitlement Letter, filing IEPF Form-5, and preparing the necessary documents to submitting them for verification, each step is designed to ensure transparency and accuracy. Legal heirs or successors can also claim shares by submitting succession-related documents, though such cases may involve additional verification and time.

While the process may appear detailed, adherence to the guidelines and proper documentation ensures a smooth recovery. Shareholders are encouraged to regularly monitor their investments, keep KYC, bank, and demat details updated, and promptly claim dividends to avoid future transfers to the IEPF. Timely action combined with careful compliance allows shareholders to successfully reclaim their shares and dividends, ensuring continued benefits from their investment in Vedanta Limited.

FAQs

Q1. I don’t remember my Folio or Demat number. Can I still claim it?

Ans. Yes. Contact KFin Technologies with PAN & Aadhaar; they will trace your folio or DP details and confirm your eligibility.

Q2. Will past mergers or restructuring in Vedanta affect my IEPF claim?

Ans. No. Claims remain valid. You may just need to provide older holding proof or transfer documents if asked during verification.

Q3. My shares were pledged with a bank. Can I still apply?

Ans. Yes. But submit an NOC or closure letter from the lender confirming release of lien/pledge before the claim is processed.

Q4. Can I claim dividends of multiple years in one Form IEPF-5?

Ans. Yes, for the same company. For claims with multiple companies, separate forms must be filed.

Q5. What if my signature doesn’t match RTA records?

Ans. Provide a Signature Verification Certificate from your bank or a notarised affidavit, as instructed by the RTA.

Q6. I have physical share certificates. Can I reclaim it?

Ans. Yes. Submit the original certificates. If approved, shares will be credited only in demat form, so open a demat first.

Q7. Is there any fee payable to Vedanta or KFin for IEPF verification?

Ans. No fee is charged. Only your own expenses like stamp paper, notarisation, postal charges etc. may apply.

Q8. Can a legal heir claim without a Will or succession certificate?

Ans. Yes, but additional affidavits, legal heir declarations and identity proofs are required, and verification may take longer.

Q9. How long does Vedanta take to verify documents?

Ans. Generally within 30 days. Delays may occur if documents are incomplete, disputed, or require legal clarification.

Q10. Will I get bonus shares or dividends issued during the IEPF period?

Ans. Yes, but they also remain with IEPF. They must be claimed separately along with the main IEPF claim process.

Q11. Can surviving joint holders claim if one holder is deceased?

Ans. Yes. Submit death certificate and updated KYC of surviving holder. Additional legal proof may be asked depending on the case.

Q12. What if documents are incomplete or incorrect?

Ans. Vedanta/Nodal Officer will request corrections. If not rectified, the claim can be rejected and needs to be re-submitted.

Q13. Can NRIs claim Vedanta IEPF shares?

Ans. Yes. Submit passport, OCI/PIO copy, overseas address proof, and FEMA-compliant NRE/NRO bank & demat details.

Q14. What if an old dividend was credited to the wrong bank account?

Ans. Still claimable. Update KYC with correct bank proof; attach bank statement and correction letter while applying.

Q15. How will I know the claim is approved?

Ans. You’ll receive email/SMS from IEPF and the shares will appear in your demat within working days post-approval.

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