Freezing of Folios of physical shareholders... Last date for KYC is 30th September 2023... Act now Ref: SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37

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Claim Unclaimed Shares of Bank of Baroda from IEPF Authority

Claim Unclaimed Shares

ABOUT BANK OF BARODA

In 1911, the Bank of Baroda was founded. Currently, the share price is 180.55. It currently has a market value of Rs. 93860.22 Cr. For the most recent quarter, the company reported gross sales of Rs. 698807.8 Cr and total income of Rs. 813647.31 Cr. The BSE’s ticker code for it is 532134, the NSE’s ticker code is BANKBARODA, and the ISIN’s ticker code is INE028A01039. Its registered address is Baroda Bhavan, Alkapuri, Vadodara-390007, Gujarat. Their registrar is K FIN Technologies Ltd. (Karvy Fintech Pvt Ltd.)

You cannot obtain your shares, unpaid dividends, matured deposits, or debentures, etc. directly from the firm or financial institution if they have been transferred to IEPF.

The Investor Education and Protection Fund (IEPF) was established with the aim of returning shares, unclaimed dividends, matured deposits, debentures, etc. to investors and to raise awareness among them due to the millions of investors’ funds that remain unclaimed with various companies and financial institutions.

According to the IEPFA provisions, money from investors that has been recovered from dishonest businesses and that has been unclaimed for 7 years or longer in relation to shares that are held in demat accounts, money that companies received as application fees for the allocation of any securities that are now due a refund, matured debentures or bank deposits, unpaid dividends by companies, interest accrued on debentures or bank deposits, matured securities, and money from investors that has been held in demat accounts that is due

You cannot obtain your shares, unpaid dividends, matured deposits, or debentures, etc. directly from the firm or financial institution if they have been transferred to IEPF.

RECOVER BANK OF BARODA SHARES FROM IEPF

You can request a refund of that money by doing the following actions:

1: Register with the IEPF at iepf.gov.in.

2: Complete the new online IEPF-5 form

3: Include a scanned copy of the necessary papers with the form.

4: Take a printout of the automatically created advance receipt and indemnity bond (to do so, go to the IEPF website and click on Forms then Web Forms IEPF-5 then MCA Services).

5: Send the business all original documentation.

6: In 30 days, the company will e-verify the claim.

7: The shares and sum will be refunded by IEPFA based on the verification report.

Make sure you have all the required papers before submitting e-form IEPF-5 since a delay in submitting the documents might result in the e-form being rejected.

Determine whether investing just for return and savings is the best strategy for achieving your financial objectives.

Muds Management helps you to fill out the IEPF-5 Form with PAN information, a valid email address, an active mobile number, bank account information with the IFSC, and demat account information (for shares).

There is no price for submitting the IEPF-5 Form, and you have one chance to submit it again if there are any errors.

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