How to Convert Old EID Parry Share Certificates to Demat and Recover Them from IEPF

To convert an old EID Parry share certificate to demat, open a demat account in exactly the name printed on it, update your KYC with the registrar (KFin Technologies in Hyderabad), and hand the certificate to your broker or bank with a demat request form. If the shares have already moved to the IEPF, you claim them back with Form IEPF-5. Either way, the shares end up in your demat account.

But the number printed on an old E.I.D.-Parry (India) certificate is almost never the number you own. EID Parry split every ₹10 share into five ₹2 shares in 2005, and every ₹2 share into two ₹1 shares in 2010. So each old ₹10 share is 10 shares today.

And there is a second holding most families have never heard of. In January 2004 every EID Parry shareholder was given 1 Coromandel share for every 3 EID Parry shares, on a separate certificate from a different company. Put together, 300 EID Parry shares bought in 1995 are 3,000 EID Parry shares and 1,000 Coromandel International shares today, worth about ₹40 lakh (24 September 2026 prices). Almost half of that is the Coromandel part.

This guide covers every situation we see with these shares: what an old certificate is worth today, the hidden Coromandel shares, the Parrys Sugar shares, converting to demat, claiming from the IEPF, lost certificates, duplicates, names that do not match, joint holders, and shares of a holder who has died. If you would rather we checked your certificates for you, start with Find Your Shares.

How many EID Parry shares does an old certificate become today?

Every ₹10 EID Parry share is 10 shares today. EID Parry has never issued bonus shares, so the splits are the whole story for the EID Parry part. Two events multiplied the holding:

Find the row that matches your certificate:

*At about ₹690 an EID Parry share and ₹1,942 a Coromandel share, the closing prices on 24 September 2026. Values move with the market. Where a holding did not divide evenly by 3, the leftover Coromandel fraction was paid in cash. Rights debentures offered in 1993 are not included: they only went to holders who paid for them.

Here is how 300 shares bought in 1995 grow, one step at a time:

Look at the last row. The certificate says 300. The family owns 3,000 EID Parry shares and 1,000 Coromandel shares, about ₹40.11 lakh in total. The Coromandel half is the part nobody remembers.

Each of these events came on separate paper. The Coromandel shares came as their own certificate in 2004. The 2005 and 2010 splits meant new certificates again. Many families have only the original certificate and assume that is everything. Certificates that never reached the family go into the company’s unclaimed suspense account, and after seven years of unclaimed dividends the shares move to the IEPF. So one family’s holding can be spread across three places, and two companies.

What about EID Parry’s buybacks? EID Parry bought back shares in 2007–09. A buyback only took shares from holders who chose to sell. If your family did not send its certificates in, the count did not change.

What matters is when the shares were registered in your family’s name, not only the date printed on the front. If your father bought the shares in the market, the transfer is usually stamped on the back of the certificate with a date. That date decides which row you are in. Every number here comes from the company’s own records and its filings with the stock exchanges. Don’t want to work it out yourself? Send us the folio and we will trace the complete holding.

Do old EID Parry shareholders own Coromandel shares too?

Yes, if the shares were in your family’s name on 2 January 2004. On that date EID Parry moved its fertiliser and pesticide business into its subsidiary, Coromandel Fertilisers, and every shareholder was given 1 Coromandel share of ₹10 for every 3 EID Parry shares. They kept all their EID Parry shares as well.

The Coromandel shares came on a separate certificate, from a different company, with its own folio number. That is why so many are forgotten. The family knows it owns EID Parry. Nobody remembers a Coromandel certificate arriving in 2004. Coromandel Fertilisers is today’s Coromandel International, and it split its shares twice after 2004, so each Coromandel share given then is 10 shares today:

*At about ₹1,942 a Coromandel share, the closing price on 24 September 2026. Holdings that did not divide evenly by 3 had the leftover fraction paid in cash.

If the family never cashed a Coromandel dividend, because nobody knew the shares existed, those shares have very likely gone to the IEPF. That is recoverable, but it is a separate claim, made with Coromandel on the Coromandel folio. An EID Parry claim alone will never bring these shares back. Our guide to old Coromandel shares covers that side in full.

My EID Parry certificate says ₹10 or ₹2 a share. What happened to it?

The face value tells you which split your certificate came before. A ₹10 share is now 10 shares of ₹1, and a ₹2 share is now 2 shares of ₹1. The face value is printed on the certificate, usually near the number of shares:

• Face value ₹10: issued before May 2005. Multiply by 10. If it was held on 2 January 2004, look for the Coromandel shares too.
• Face value ₹2: issued between May 2005 and December 2010. Multiply by 2.
• Face value ₹1: issued after December 2010. The number printed is the number of shares you own.

Found a ₹10 and a ₹2 certificate on the same folio? After a split, paper holders were normally sent new certificates in place of the old ones. If both are on the same folio, they are usually the same shares, not extra ones. Don’t add them together. The registrar’s folio record settles it.

Only have the ₹10 certificate? Then the new certificates issued against it either reached the family and were lost, or never reached it. The registrar can see which. Either way, the old certificate is the evidence you start from. Our guide to face value and how splits work explains the idea in more detail.

Certificates that are not EID Parry shares

• Coromandel Fertilisers or Coromandel International. A separate listed company, even though EID Parry is its parent. See old Coromandel shares.
• Other Murugappa Group companies, such as Carborundum Universal (CUMI) or Tube Investments. Same group, different companies, different registers.
• Parry’s confectionery, sugar or product papers. An invoice, dealer document or product coupon with the Parry name is not a share certificate.

My certificate is from Parrys Sugar Industries. What is it now?

Parrys Sugar Industries shareholders were given EID Parry shares twice: 5 EID Parry shares for every 19 Parrys Sugar shares in 2013, and 2 EID Parry shares for every 13 Parrys Sugar shares in 2017, when the company merged into EID Parry. The first was a demerger, so holders kept their Parrys Sugar shares, which then became EID Parry shares in 2017. Both came as ₹1 EID Parry shares, so there is nothing further to multiply.

*At about ₹690 a share, 24 September 2026. Leftover fractions were paid in cash.

Older mergers: two small listed companies also merged into EID Parry, Murugappa Electronics (1992) and Falcon Gulf Ceramics (1994), and their shareholders were given EID Parry shares. Several other companies that merged in, such as Parry & Company and Sadashiva Sugars, were fully owned by EID Parry, so no family holds their shares. If your certificate names any Parry company you do not see here, the registrar can trace what it became.

How do you convert EID Parry share certificates to demat?

Through a demat account in the same name as the certificates. Your broker or bank sends them to the registrar, KFin Technologies in Hyderabad, and the shares are credited electronically. Since 1 April 2019, physical shares cannot be sold or transferred until they are in demat. So this step comes before anything else you want to do with them.

1. Open a demat account in exactly the name on the certificates. If the certificate says “Ramesh K. Sharma”, the account must be able to match that. If the names differ, fix that first (see name mismatch below).
2. Update your KYC with the registrar. For physical shares SEBI requires PAN, address, mobile, email, bank details and a specimen signature on the folio. You do this with Form ISR-1, plus ISR-2 (your bank confirms your signature) if the signature on record is old or different. Until the KYC is complete, the registrar will not process the demat request.
3. Fill a Demat Request Form (DRF) at your broker or bank (your “depository participant”). Write “Surrendered for Dematerialisation” on each certificate and sign it as it was signed on the register.
4. Your broker sends the DRF and certificates to the registrar. It checks the signature, the folio and the distinctive numbers against EID Parry’s register.
5. The shares appear in your demat account, usually within a few weeks if the papers are clean.

Do the Coromandel folio at the same time. KFin is also Coromandel’s registrar, so one visit to your broker can send both sets of certificates. Where people get stuck: signatures that no longer match after 30 or 40 years, a name spelt differently on the PAN card, a joint holder who has died, and split or Coromandel certificates that never reached the family. For the fees involved, see what it costs to convert physical shares to demat, or read about our physical shares to demat service.

Is there a deadline? Not for shares already registered in your own name. You can demat them at any time. But while they sit on paper, you cannot sell them. Read more about the demat “last date”.

How do you check if your EID Parry shares have gone to the IEPF?

If no dividend on a folio has been cashed for seven years in a row, those shares have very likely been moved to the IEPF. The IEPF is the Investor Education and Protection Fund, a government fund that holds unclaimed shares and dividends until the owner claims them back. EID Parry has moved shares to the IEPF in batches since 2018. The latest went in April 2026, for folios that had not cashed a dividend since 2018–19.

• EID Parry’s unclaimed dividend page lists every batch it has moved, with the folios, and the shares proposed for the next transfer. EID Parry unpaid and unclaimed dividend page.
• The IEPF Authority’s search at iepfa.gov.in lets you search by company and holder name. How to search the IEPF step by step.
• Search every old spelling of the holder’s name. A folio opened in the 1980s will often show only initials.
• Search Coromandel International too. If the family held EID Parry in January 2004, the Coromandel shares are on their own folio and may have moved to the IEPF in a different year.

If you find nothing, the shares may still be with the company, which is better news: you can demat them directly without an IEPF claim. We can run the search for you.

How do you recover EID Parry shares from the IEPF?

You first get an entitlement letter from EID Parry, then file Form IEPF-5 online on the Ministry of Corporate Affairs website, then send the signed papers to EID Parry’s Nodal Officer, who verifies them and reports to the IEPF Authority. The Authority then releases the shares, and any dividends it holds, to your demat account. Shares are only ever released into a demat account, never as a paper certificate.

1. Open a demat account in the name of the claimant. For a joint holding, it must be in the same names and the same order.
2. Complete KYC with the registrar and ask EID Parry for an entitlement letter. This letter states how many shares and how much dividend on your folio went to the IEPF. Since October 2025 the entitlement letter is a mandatory part of every IEPF-5 claim.
3. File Form IEPF-5 on the MCA portal. Note the SRN it gives you; that is your claim number. How to file IEPF-5 online.
4. Send the physical documents to EID Parry’s Nodal Officer at its registered office, Dare House, in Chennai, in an envelope marked “Claim for refund from IEPF Authority”. These are: the signed IEPF-5 printout and acknowledgement, an indemnity bond on stamp paper, an advance stamped receipt, PAN, Aadhaar, a cancelled cheque, your client master list, the entitlement letter and the original certificate if you still have it.
5. EID Parry verifies and reports to the IEPF Authority. The rules give the company 15 days to send its verification report and the Authority 60 days to decide. That is 75 days on paper. Real claims usually take far longer, because documents go back and forth. What to do when an IEPF claim is stuck.

Claim the full folio in one go, and don’t forget the second company. If the original shares and the split shares went to the IEPF in different batches, one claim should cover everything on that folio. The Coromandel shares need their own IEPF-5, through Coromandel. File both together and the family is not back in the queue two years later for the half it missed.

Watch the signature. With an old EID Parry folio, the specimen signature on record can be 30 or 40 years old. If yours no longer matches, the entitlement request comes back. Fix it with Form ISR-2 before you start, not after. How to fix a signature mismatch.

What if the EID Parry share certificates are lost?

It depends on where the shares are now. If they are still with the company, you need a duplicate certificate. If they have gone to the IEPF, you usually do not.

• Shares still with EID Parry: the company must first cancel the lost certificate and issue duplicate shares, which are credited straight into your demat account. This is the process in the next section.
• Shares already in the IEPF: when physical shares move to the IEPF, the company converts them to demat and transfers them to the Fund, so the paper certificates no longer count. There is nothing left to duplicate. You claim with IEPF-5 and the entitlement letter, which is based on the company’s register, not on the paper in your hand.

Don’t know the folio number? Old dividend warrants, bank passbooks showing EID Parry dividend credits, letters from the company or from Karvy, even a wealth-tax return can give it. With the holder’s name and an old address, the registrar can usually trace the folio. Our lost shares recovery service starts from exactly this point.

How do you get a duplicate EID Parry share certificate?

Apply to the registrar with Form ISR-4 and the documents SEBI sets for the value of your holding. The duplicate shares are then credited straight into your demat account. SEBI simplified these rules in December 2025. Duplicates are no longer issued on paper at all.

• Up to ₹10,000: a simple undertaking on plain paper.
• ₹10,000 to ₹10 lakh: one standard affidavit-cum-indemnity bond.
• Above ₹10 lakh: the affidavit-cum-indemnity bond, plus a police report (FIR, e-FIR or police complaint) that mentions the folio, certificate numbers and distinctive numbers, plus a notice of the loss in a widely read newspaper.

With EID Parry, the middle band covers most holdings. At about ₹690 a share, ₹10,000 is only about 14 shares, but ₹10 lakh is about 1,450 shares. That is 145 old ₹10 shares. A ₹10 certificate for 200 shares is 2,000 shares today, about ₹13.79 lakh, and needs the full process. The Coromandel certificate is valued separately, with Coromandel.

1. Open a demat account first, in the same name (or names) as the folio. Since 2 April 2026 the registrar credits duplicate shares directly into your demat account. There is no longer a “Letter of Confirmation” to carry to your broker, so the account has to exist before you apply.
2. Update KYC on the folio with Form ISR-1, and ISR-2 if your signature has changed.
3. Get the police report and newspaper notice if the holding is above ₹10 lakh. The registrar can give you the certificate numbers if you do not have them.
4. Submit Form ISR-4 to the registrar, with the affidavit-cum-indemnity bond, the police report and notice if needed, and your demat account details.
5. The shares are credited to your demat account once the registrar completes its checks. SEBI expects this in about 30 days for a complete, correct application.

The value is worked out on the market price, not the face value printed on the certificate, and every split share on the folio counts. The full process is in our guide to reporting a lost share certificate.

What if the name or spelling on the certificate does not match?

Fix the name on the folio first, before you demat or file an IEPF claim, using Form ISR-1 and a document that proves both spellings belong to you. The registrar, the demat account and the IEPF claim all have to show the same name. One letter out of place is enough to get a request returned.

• Initials on the certificate, full name on the PAN card: “R. K. Sharma” against “Ramesh Kumar Sharma”.
• A woman’s maiden name on the certificate and her married name on everything else.
• Spelling changes over time: “Subramanian” and “Subramaniam”, “Laxmi” and “Lakshmi”, a dropped initial or family name.
• Titles and suffixes like “Smt.”, “Dr.” or “HUF” in one place and not the other.

The usual proof is a passport, a marriage certificate, a gazette notification, or a notarised affidavit that both names are the same person. Send it with Form ISR-1 to the registrar. Fix it on both folios, EID Parry and Coromandel, since the same old spelling will be on each.

How do joint holders convert or claim EID Parry shares?

The demat account must be in the same names and in the same order as on the certificate, and every living holder must sign. A certificate in the names of “A, B and C” can only be converted into a demat account held by A, B and C, in that order. The split certificates and the Coromandel certificate carry the same names in the same order, so one joint demat account can take all of them.

• Everyone alive and available: open a joint demat account matching the certificates, complete KYC for every holder, and all of them sign the demat request.
• The names are in the wrong order for the demat account you want to use: ask the registrar to change the order (“transposition”) with Form ISR-4 before you demat.
• One joint holder has died: the surviving holders get the shares simply by having the deceased holder’s name deleted. You need a copy of the death certificate and the survivors’ KYC. No succession certificate, will or probate is needed for this.
• Every holder has died: this becomes a transmission to the legal heirs of the last surviving holder (next section).

What if the EID Parry shareholder has died?

The shares pass to the nominee or legal heirs through transmission, handled by the registrar, and they are always credited in demat. If the shares have also gone to the IEPF, transmission and the IEPF claim happen together, and the heir files the IEPF-5 as the claimant.

SEBI’s new transmission rules have applied since 22 August 2026:

• Simplified documents for physical shares worth up to ₹10 lakh per company, doubled from ₹5 lakh.
• Quick processing for physical holdings up to ₹10,000 where the claimant is a parent, spouse, child or parent-in-law.
• No blanket requirement for probate, and one combined affidavit-cum-NOC in place of separate papers. You still have to prove your entitlement if other heirs dispute it.
• 21 days for the registrar to process once all documents are in.

The ₹10 lakh limit is per company. With EID Parry it covers about 1,450 shares, so many family holdings fit the simplified route. The Coromandel shares are counted separately, against Coromandel’s own ₹10 lakh limit. Above the limit, you usually need a succession certificate or legal heir certificate, unless there is a nominee or the other heirs give no-objection. Read more in our guides to transmission of shares and transmission without a succession certificate.

Why not just hand the certificates to a local lawyer or agent?

Because a claim is only as good as the holding traced behind it, and an old EID Parry certificate usually hides a second company.

Take a family with a 1995 EID Parry certificate for 300 shares. A generalist sees “300 EID Parry shares” and prices the job on that. Even after the splits, they recover 3,000 EID Parry shares, about ₹20.69 lakh, and close the file. But the family also owns 1,000 Coromandel shares, about ₹19 lakh, on a folio nobody mentioned, possibly already in the IEPF. That half is never claimed. The family ends up back in the queue years later, if it ever finds out.

We work the other way round. We trace the complete holding first: both splits, the Coromandel shares, any Parrys Sugar shares, every folio, every IEPF transfer, in both companies. Then a vetted local partner handles the paperwork where you live (affidavits, police report, newspaper notice, succession papers) on the full holding, the first time.

There is also the question of who is paid for what. A lawyer or agent is paid whether or not your shares ever arrive. We are not. Zero advance — you pay only once the shares are credited to your demat account. So we only get paid if the whole chain works.

And the IEPF claim itself is decided in Delhi, where the IEPF Authority sits. EID Parry verifies the claim in Chennai, but the file then waits in Delhi for release. Our team is in Delhi, so we can follow your file up in person, not by letter from another city. When it comes to an IEPF claim, what matters is who is closest to the office that holds your file.

The document is only the start. After it come the KYC, the entitlement letter, the verification, the demat credit, and a transmission if the holder has died. Anyone can get you a piece of paper. We get you the shares. See how our IEPF claim service works.

Dates you should know about

2 January 2004 is the date that decides whether you also own Coromandel shares. If the EID Parry shares were in your family’s name on that date, there is a Coromandel folio too.

May 2005 and December 2010 are the dates that decide how to read your certificate. A ₹10 certificate is from before 2005 and stands for ten times the shares printed. A ₹2 certificate stands for twice.

April 2026 is when EID Parry moved its latest batch to the IEPF, for folios unpaid since the 2018–19 dividends. EID Parry paid no dividend between April 2019 and November 2021, and has declared none since November 2023. So the next batches follow the dividends of 2021–22, and are not due before late 2028. For folios already in the IEPF, there is no deadline to claim, but every year the file goes colder.

4 February 2027 is when SEBI’s special window for old physical transfers closes. It covers transfer deeds signed before 1 April 2019 that were rejected, returned or never processed. Shares already moved to the IEPF are not covered. The full rules of the window.

Holding other old certificates too? See what an old Coromandel certificate is worth today, what an old MRF certificate is worth, another Chennai company, or read our guide to share recovery in Chennai, home of EID Parry and the Murugappa Group.

Not sure what your EID Parry certificate is worth, or whether there is a Coromandel folio behind it? Start with Find Your Shares →

Frequently Asked Questions

How do I convert EID Parry physical share certificates to demat?
Open a demat account in exactly the name on the certificate, update your KYC with the registrar, KFin Technologies in Hyderabad, using Form ISR-1, then give the certificates to your broker or bank with a Demat Request Form. They send it to the registrar, which checks the folio and signature and credits the shares to your demat account, usually within a few weeks if the papers are in order.

Has EID Parry ever issued bonus shares?
No. EID Parry has not issued bonus shares. The number of shares on an old certificate changed only through two splits: in May 2005 each ₹10 share became five ₹2 shares, and in December 2010 each ₹2 share became two ₹1 shares. So one old ₹10 share is 10 EID Parry shares today.

How many EID Parry shares do old ₹10 shares become today?
Ten for every share printed on the certificate. For example, 300 shares bought in 1995 are 3,000 EID Parry shares today, worth about ₹20.69 lakh at ₹690 a share on 24 September 2026. If the shares were held on 2 January 2004, the family also received Coromandel shares, which are counted separately.

Did EID Parry shareholders get Coromandel shares?
Yes. Shareholders on the record date of 2 January 2004 received 1 Coromandel Fertilisers share of ₹10 for every 3 EID Parry shares, when EID Parry’s farm inputs business was demerged into Coromandel. They kept their EID Parry shares too. After Coromandel’s splits in 2006 and 2010, 300 EID Parry shares held then mean 1,000 Coromandel International shares today, on a separate folio.

What happened to Parrys Sugar Industries shares?
Parrys Sugar Industries shareholders received 5 EID Parry shares of ₹1 for every 19 Parrys Sugar shares in a 2013 demerger, and kept their Parrys Sugar shares. When Parrys Sugar Industries merged into EID Parry in 2017, they received 2 EID Parry shares of ₹1 for every 13 Parrys Sugar shares.

Who is the registrar (RTA) for EID Parry?
KFin Technologies in Hyderabad. It was earlier called Karvy Computershare and then Karvy Fintech, so old letters may carry those names. KFin is also Coromandel International’s registrar. Demat requests, KYC updates, duplicate certificates, transmission and IEPF entitlement requests all go through it.

How do I check if my EID Parry shares have been transferred to the IEPF?
If no dividend on the folio has been cashed for seven years in a row, the shares have very likely been moved to the IEPF. EID Parry’s unpaid and unclaimed dividend page lists each batch it has moved to the IEPF, and you can search the IEPF Authority’s records at iepfa.gov.in by company and holder name. If the family held EID Parry in January 2004, search Coromandel International as well.

When did EID Parry last transfer shares to the IEPF?
In April 2026, for folios whose dividends had been unclaimed since 2018–19. The batch before went in October 2025. EID Parry paid no dividend between April 2019 and November 2021 and has declared none since November 2023, so the next batches follow the 2021–22 dividends and are not due before late 2028.

How do I claim EID Parry shares from the IEPF?
Open a demat account, complete KYC with the registrar and ask EID Parry for an entitlement letter. Then file Form IEPF-5 on the Ministry of Corporate Affairs website and send the signed form, an indemnity bond, an advance receipt, your ID, a cancelled cheque, the client master list and the entitlement letter to EID Parry’s Nodal Officer at Dare House, Chennai. EID Parry verifies the claim and the IEPF Authority releases the shares and dividends to your demat account. Coromandel shares need a separate claim through Coromandel.

I have lost my EID Parry share certificate. What do I do?
If the shares are still with the company, open a demat account, then apply to the registrar for duplicate shares with Form ISR-4. Up to ₹10 lakh, about 1,450 EID Parry shares at today’s price, you need a standard affidavit-cum-indemnity bond. Above that you also need a police report and a newspaper notice. If the shares have already gone to the IEPF, you do not need a duplicate: you claim with Form IEPF-5 instead.

How long does it take to recover EID Parry shares from the IEPF?
The rules allow the company 15 days to send its verification report and the IEPF Authority 60 days to decide, so about 75 days on paper. In practice claims often take much longer, usually because documents go back and forth between the claimant, the company and the Authority.

Is EID Parry the same company as Coromandel International?
No. EID Parry is Coromandel International’s parent company, but they are separate listed companies with separate folios. Shares of one are never counted as shares of the other, and each needs its own demat request or IEPF claim.

Do I have to pay SharesRecover anything upfront?
No. Zero advance — you pay only once the shares are credited to your demat account.