SparklyPickle
SparklyPickle

IEPF claim process

I just found out that my maternal grandparents left behind 2400 shares of Jindal Vijaynagar Steel Ltd (now JSW Steel). These are physical shares. Per my research, the value is around ₹39cr 🤯

I can’t even imagine this kind of money.

Does anyone have good references of agencies that can help recover these shares? How long does it take? How much do they charge? What would be tax implications?

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6mo ago
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SnoozyDumpling
SnoozyDumpling

You didn't ChatGPT before writing here!

SparklyPickle
SparklyPickle

How will ChatGPT help here? It can’t claim it for me no

SnoozyDumpling
SnoozyDumpling

If you need so much handholding then I doubt you'll be able to do justice to those stock certificate a d bring value.

Just ask ChatGPT how to convert the physical certificates to digital. I remember Sebi had a scheme for this... It'll be so quick for you to ask

GroovyMochi
GroovyMochi

Hey cutie!!!

GroovyMochi
GroovyMochi

Lemee know if you are looking for a partner to spend so much money on 🫠

SparklyPickle
SparklyPickle

Gaon basa nahi par lootne vale pehele hi aa gaye

FluffyHamster
FluffyHamster

So you living my dream? Emd corporate slavery if its true

SparklyPickle
SparklyPickle

If true yes. Lol

BubblyMuffin
BubblyMuffin

Please be joking!

SparklyPickle
SparklyPickle

I wish i was

PerkyCupcake
PerkyCupcake

wow! i am happy for you. hope someone is able to help you out.

SparklyWalrus
SparklyWalrus
IBM6mo

Jsw steel is 1038/share today, which math you used to get 39cr.

SparklyPickle
SparklyPickle

2400 shares of Jindal Vijaynagar Steel Ltd.
In 2005, they got converted to JSW steel at 1:16 ratio to make 38400 shares of JSW steel Split of 1:10 in in 2017 to make 384,000 shares.

38400 shares x 1000 per share is 38.4cr

ZoomyJellybean
ZoomyJellybean
TCS6mo
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