Did you know that in India, a staggering ₹1 lakh crore worth of shares and dividends remain unclaimed, lying dormant with the Investor Education and Protection Fund (IEPF) Authority? Surprisingly, many investors are unaware that their Page Industries Ltd shares or dividends could be part of these unclaimed assets. The IEPF, established under the Companies Act, 2013, was created to protect investors’ interests by managing these dormant funds. Under its provisions, any shares or dividends left inactive for seven years are transferred to the IEPF, ensuring that investors’ money is safeguarded rather than lost.
If you or your family have ever invested in Page Industries Ltd, some of this forgotten wealth might rightfully belong to you. That’s why it’s crucial to check and claim your holdings promptly. This guide will take you step by step through everything you need to know to recover your unclaimed shares and dividends with ease.
About Page Industries Ltd: A Market Leader
Page Industries Ltd is a prominent Indian manufacturer and retailer of innerwear, loungewear, and socks, headquartered in Bangalore. It holds the exclusive license for Jockey International in India and several other countries.
Financial Performance
For the fiscal year 2025, the company reported a revenue of ₹4,935 crore and a net profit of ₹729 crore. In 2023, Page Industries Ltd declared a dividend of ₹165 per share, reflecting its strong financial health.
The promoters hold a 54% stake, while institutional and public investors own the remaining shares.
Why Investors Trust Page Industries Ltd
Investors have shown confidence in Page Industries due to its consistent growth, high return on equity, and an extensive distribution network of over 2,400 exclusive brand outlets. The company’s strategic expansion into smaller tier 2 and tier 3 cities has further bolstered its market presence.
Why Page Industries Ltd Shares/Dividends Might Be Unclaimed
So, how does something as valuable as a share get ‘lost’? It’s not stolen. It is simply forgotten and transferred for safekeeping.
The Investor Education and Protection Fund (IEPF) is a government body established to act as a repository for unclaimed shares and dividends. The rule is clear: if dividends on shares remain unclaimed for seven consecutive years, the underlying shares themselves are physically transferred to the IEPF Authority.
This typically happens for relatable, everyday reasons:
Change of Address: You moved and forgot to update your new address with the company or their Registrar & Transfer Agent (RTA).
Forgotten Physical Certificates: Old physical share certificates were stored away and forgotten in attics or old files.
Uncashed Dividends: Smaller dividend cheques were often overlooked or not cashed, especially before the era of direct bank transfers.
Inheritance: Family members might be unaware of investments held by deceased relatives, leaving these assets dormant.
Step-by-Step Process to Filing an IEPF Claim for Page Industries Ltd Shares
Filing an IEPF claim might sound complicated, but it’s a straightforward process if you follow the steps carefully. Here is your action plan to recover your Page Industries Ltd shares.
Pre-Filing Checklist (Get Your Documents Ready):
Gathering your paperwork is the most critical step. You will need:
- Proof of Identity (PAN Card is mandatory)
- Proof of Address (Aadhaar, Passport, Voter ID)
- A cancelled cheque for bank verification
- An Indemnity Bond (duly notarised)
- An Advance Receipt (duly notarized)
- Entitlement Letter from the company/RTA
For Legal Heirs: Additional documents like a Death Certificate, Succession Certificate, and a legal heirship affidavit are required.
The 5-Step IEPF Claim Process:
Verify Your Claim
Your first point of contact is the company’s Registrar & Transfer Agent (RTA). For Page Industries Ltd, the RTA is Link Intime India Pvt. Ltd. You need to connect with them or the company secretary’s office or via rnt.helpdesk@linkintime.co.in to verify that your shares have indeed been transferred to the IEPF.
Request the Entitlement Letter
After verification, the RTA will provide you with a crucial document: the Entitlement Letter. This letter is proof of your claim and details the number of shares and dividends owed to you. If the original certificates are lost, the RTA will guide you through the procedure for obtaining a duplicate.
File the IEPF-5 Form Online
This is the main step. Visit the IEPF portal (iepf.gov.in), fill out Form IEPF-5 accurately with all the details from your Entitlement Letter, and upload scanned copies of all your documents. Upon successful submission, you will receive a unique Service Request Number (SRN). This SRN is your ticket to tracking the claim status. This is the core of your official IEPF claim application.
Send the Physical Documents
Within 30 days of online filing, you must physically mail the signed copy of the IEPF-5 form, along with all the attested documents and the original indemnity bond, to the Nodal Officer of Page Industries Ltd (not directly to IEPF). The address can be found on the company’s website.
Track & Receive
Use your SRN on the IEPF portal to track your IEPF claim status. The process involves verification by both the company and the IEPF Authority. Once approved, the shares will be credited directly to your Demat account.
Navigating Common Challenges in Page Industries Ltd IEPF Claims
While the process is designed to be clear, people often face challenges:
Documentation Errors:
A single misspelt name, a mismatched signature, or a missing document can lead to immediate rejection. The paperwork must be perfect.
Legal Heir Complexities:
Establishing legal heirship for deceased investors can be emotionally and administratively draining, requiring additional legal documents and procedures.
Verification Delays:
Following up with the company’s Nodal Officer and the IEPF Authority for status updates can be a time-consuming and frustrating process.
This is where an unclaimed investment recovery company can make a significant difference. They can guide investors through every step of the claim process, ensuring that all documentation is accurate, legal heirship is properly established, and follow-ups are handled efficiently.
How Crystal Peak Wealth (CPW) Simplifies the Process?
At Crystal Peak Wealth, we understand that life is busy and bureaucratic processes can be overwhelming. We are a premier unclaimed investment recovery company specialising in streamlining the IEPF claim process for investors like you. We know that IEPF claims can feel confusing, especially if it’s your first time dealing with the procedures. That’s why we offer personalised support, taking the time to answer your questions and ensure everything is handled accurately.
Our experienced team guides you through every step, from verifying your holdings to filing the correct paperwork. So you don’t have to worry about the complexities of the process. All paperwork is managed efficiently by SEBI-registered third-party professionals. Over 2,400 clients across India trust us for our reliable services.
Conclusion
Your Page Industries Ltd shares are a part of your financial legacy. In today’s world, every asset counts. Taking the step to reclaim what is rightfully yours is a powerful move toward financial security. You can file an IEPF claim yourself, but it’s easier with expert help. With experts like Crystal Peak Wealth by your side, you can transform a daunting process into a seamless experience, ensuring your lost wealth finds its way back to you.