[Resolved]  Karvy — request for dematerialization of "reliance limited" has been rejected

Address:Vill:Aijhi, Po -Mubarakpur, Bihar, Sheikhpura, Bihar, 811105

Hi,

My folio number is[protected] of "Reliance Industries Limited" has been rejected multiple time. Can you please tell the reason behind the rejection.

Please tell the proper reason, so that we can rectify it and re-request it.

Actually, I already requested two times for dematerialization, but both the time it got rejected. The reason for rejection was not clear. My DP is HDFC securities . Please look into this asap and let me know
+1 photos
Was this information helpful?
No (0)
Yes (0)
Apr 5, 2019
Complaint marked as Resolved 
Karvy customer support has been notified about the posted complaint.
Verified Support
Feb 28, 2019
Karvy Customer Care's response
Dear Mr. Prasad,

Greetings from Karvy!

RIL Folio :[protected]

This has reference to your complaint for status of shares.

In this regard, we wish to inform you that the share certificates have been rejected due to transferred to IEPF Authority.

We, also, to inform you that the RIL shares/ dividend amount held under the above folio number have been transferred to IEPF.

Pursuant to Section 124(6) of the Companies Act, 2013 read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 as amended (‘IEPF Rules’) the Company is required to transfer the shares in respect of which the dividend remains unpaid or unclaimed for a period of seven consecutive years or more to the Investor Education and Protection Fund (IEPF) Authority.
You have to claim the Shares / all unclaimed dividend from IEPF Authority by making an application in Form IEPF - 5 online and forward the physical copy (print out) of the same duly signed (as per registered specimen signature) along with requisite documents enumerated in the said Form IEPF-5 to our below given address.
Unit : Reliance Industries Ltd
Karvy Selenium Tower B,
Plot No.31 & 32,
Gachibowli, Financial District
Hyderabad – 500032
Phone no.+[protected]

Subsequent to receipt of above documents, we shall send a verification report to IEPF Authority for refund of the Shares / Unclaimed dividend amount through company’s Nodal officer.
The Rules and the application form (Form IEPF-5) as prescribed by the Ministry of Corporate Affairs for claiming back Shares & Dividend are available on the website of the IEPF, Ministry of Corporate Affairs at www.iepf.gov.in .

The details of the shares and dividend transferred to IEPF are given below.

Apart from the requisite documents enumerated in Form IEPF 5, you are also requested to forward the below given documents.

- Demat a/c details- copy of Client Master List (CML), self attested
- Original share certificates
- Original dividend warrants, if any
- Original cancelled cheque ( as per the bank a/c which is registered in your demat a/c and Form no. IEPF-5.
- Acknowledgement (duly signed).
- Indemnity Bond to the IEPF on Rs. 1000/- non-judicial stamp paper.
- Advance receipt.
- Copy of PAN duly self attested.
- Copy of Aadhaar duly self attested.

You may track the status of your claim in IEPF website with your SRN .

Please feel free to contact the undersigned for any further clarification / assistance if any.

Assuring you of our best services at all times.


Please refer the below screenshot for your information.

Thanks & Regards
Team Karvy

Mar 12, 2019
Updated by Amitesh Gautam
Thanks for replying.

We will do the needful.
Can you confirm the address, on which I should send the documents?
Unit : Reliance Industries Ltd
Karvy Selenium Tower B,
Plot No.31 & 32,
Gachibowli, Financial District
Hyderabad – 500032
Phone no.+[protected]

Thanks
Bhubneshwar
Mar 12, 2019
Updated by Amitesh Gautam
I just checked on IEPF website and found my Dividend and Shares information is not listed there. Can you please tell how to see the information, i checked with my name and my father's name.
Complaint comments 

Comments

Please whatsup [protected]

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Karvy
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    74%
    Complaints
    1669
    Pending
    0
    Resolved
    1230
    Karvy Phone
    +91 40 2331 2454
    Karvy Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No. 1 Banjara Hills, Hyderabad, Andhra Pradesh, India - 500034
    View all Karvy contact information