Finding your parent/grandparent’s share certificates in an old locker can be a wish come true. If you have an old TCS share certificate, understanding its true value might be your next step. An old share certificate promises substantial cash rewards, provided you know how to claim it.
Here’s a step-by-step process you could follow if you get lucky:
Tata Consultancy Services has undergone numerous corporate actions since its formation in 1995:
If your family originally owned a certificate representing 10 shares of ₹10 each, you would now own roughly 40 shares. Given that as of 18 March 2025, TCS share price stands at ₹3,532.5, the present market value of these shares would be enough to buy a new vehicle. Or invest in a new home.
The Investor Education and Protection Fund (IEPF) aims to safeguard investors’ interests and enhance their market awareness. According to regulations, any physical/digital share certificates that remain inactive for over 7 years with zero dividend claims can potentially be transferred to the IEPF. To check whether this has happened to your shares, follow these steps:
If TCS still holds your shares, you need to open a Demat account with a depository participant registered with the SEBI. In case they were transferred to IEPF, you can follow these steps:
If claiming as a nominee or a legal heir, additional details including a succession certificate might be necessary.
Log into the Ministry of Corporate Affairs (MCA) portal and digitally submit Form IEPF-5 after attaching all the documents. Remember to take the form printout of the form and attach all copies of the necessary paperwork.
Send the printed Form IEPF-5 along with supporting documents to TCS IEPF Nodal Officer or Link Intime India Private Limited for verification.
TCS will conduct claim verification to authenticate your request and forward it to IEPF authorities. Upon approval, shares will get transferred to your Demat account. They might also be reissued in physical format, depending on the request.
For help, you can contact TCS’s RTA, MUFG Intime India Private Limited via Phone at +91 810 811 8484
If you have old TCS share certificates, you should check its current status. A small investment could have grown into an extremely valuable asset, given the company’s performance. Follow the above mentioned steps to reclaim your investment and reinstate its rightful ownership. Perhaps, this could unlock significant financial value for you!
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 18, 2025, 4:10 PM IST
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