[Resolved] Karvy — update address and resend the dividend at new address | |||
We are holding the shares of hero motocorp ltd. Unit - hero motocorp ltd., folio no. Hml0085505, since 1984. Company has declared the dividend in march 2017. Sir, we have changed our address but our relative were living there. They informed that they have not received any dividend warrant. Hence we raised our complaint to registrar of hero motocorp ltd i. E karvi. They have provided the dividend and speed post details (Dividend warrant 2403688 for amount rs. 47850/-, speed post no. En[protected]in) issued to us. On verifying that details on india post website we came to know that karvy has written the pin code of other city hence speed post was returned back to them. Hence we have not received it. We reported this to karvi again and requested to change the address and resend the dividend on new address. They have provided us the details of document needed to change the address. We promptly filled all the documents and also submitted the required document except proof of past address. We telephonically consulted the mrs. Prashant, share transfer helpdesk for hero motocorp at karvi. She suggested that we should talk to mr. Chaddha at hero motocorp corporate office in new delhi. He suggested to send the copy of dividend warrant received past. We have sent the copy of dividend warrant of last 15 years. But again waiting for 1 month we didn’t got any response. On mr. Krishan mehar, investigation officer from karvy, delhi branch visited our home and verified all share certificates, id and address, previous record of bank statement mentioning receive of dividend in my account, copy of acknowledgment slip of dividend warrant. He got satisfied with all our document and verified (Internal audit verification pv39101). No reply after that in last 2 months Please call and update me about my status Was this information helpful? | |||
Sep 8, 2017 Complaint marked as Resolved Karvy customer support has been notified about the posted complaint. Verified Support Aug 05, 2017 Karvy Customer Care's response Dear Sir, We would like to inform you that, for the change of address we have requested you for the additional documents as old address proof. As you are holding a demat account with the new address and had submitted shares for dematerialisation, the demat request has been rejected due to signature mismatch. Request you to meet the documents for signature verification and resubmit for dematerialisation with new DRN. After the dematerialisation, change of address would not be required. We are working on the dividend request and it is in process and will be completed soon.For any further clarifications please write to kcpl.[protected]@karvy.com Regards, Team Karvy | |||
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