How to Convert GE Vernova Share Certificates to Demat and Recover Them from IEPF
To convert an old GE Vernova T&D India share certificate to demat, open a demat account in exactly the name printed on it, update your KYC with the registrar (MUFG Intime India, formerly C B Management Services), 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 an old certificate from this company almost never says “GE Vernova”. It says English Electric, GEC Alsthom, Alstom or Areva T&D. And it is rarely just one company’s shares. Everyone who held the shares in December 2011 was also given Schneider Electric Infrastructure shares, 1 for every 1 held. If your family held on paper then, there is a second certificate to find.
Put together, 100 English Electric shares from the 1970s are 4,000 GE Vernova T&D India shares and 4,000 Schneider Electric Infrastructure shares today, worth about ₹2.2 crore (24 September 2026 prices). The Schneider part alone is worth about ₹48.7 lakh.
This guide covers every situation we see with these shares: the old names, the “Alstom” mix-up between two GE Vernova companies, 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.
Key Takeaways
- Same company, six older names: The English Electric Company of India, GEC Alsthom India, Alstom Limited, Areva T&D India, Alstom T&D India and GE T&D India are all today’s GE Vernova T&D India. A certificate in any of those names is a GE Vernova T&D certificate.
- Three free bonus issues, then a split: 1 free share for every 1 held in 1979, 1987 and 1991, then each ₹10 share was split into five ₹2 shares in October 2008. One share from before 1979 is 40 shares today.
- Holders also own Schneider Electric Infrastructure: 1 share for every GE Vernova T&D (then Areva T&D India) share held on 15 December 2011. It is a separate company with its own certificate, its own folio and its own IEPF claim.
- The simple rule: for every old ₹10 share held since 1991, you now own 5 GE Vernova T&D shares and 5 Schneider Electric Infrastructure shares. That is about ₹27,500 for each old share today.
- “Alstom” can mean two different companies. Alstom Limited and Alstom T&D India are GE Vernova T&D. Alstom Power India, Alstom Projects India and Alstom India are GE Power India, a separate GE Vernova company with a different registrar.
- Registrar: MUFG Intime India in Kolkata, which took over C B Management Services in May 2026. Old letters in the C B Management name still refer to the same office.
- Lost certificate? SEBI’s simplified route for duplicates covers holdings up to ₹10 lakh per company. That is only about 233 GE Vernova T&D shares. Above that, you also need a police report and a newspaper notice.
What’s on this page
- My certificate says English Electric or Areva. Is it GE Vernova?
- Which GE Vernova company is my “Alstom” certificate?
- Why do holders also own Schneider Electric shares?
- How many shares is it today?
- How to convert the certificates to demat
- How to check if your shares are in the IEPF
- How to recover the shares from the IEPF
- What if the certificates are lost?
- How to get a duplicate certificate
- The name or spelling does not match
- Shares held jointly
- The shareholder has died
- Why not a local lawyer or agent?
- Dates you should know
My certificate says English Electric, GEC Alsthom or Areva T&D. Is it GE Vernova T&D India?
Yes. English Electric, GEC Alsthom, Alstom Limited, Areva T&D, Alstom T&D and GE T&D certificates are all GE Vernova T&D India certificates. The company changed its name, not its shares. It was incorporated in 1957 and first offered shares to the public in 1963. It is the same listed company today. Only the name on the front of the certificate changed:
| Name printed on the certificate | Name used |
|---|---|
| The English Electric Company of India Limited | From 1963 to April 1993 (a private company from 1957) |
| GEC Alsthom India Limited | From April 1993 to September 1998 |
| Alstom Limited | From September 1998 to September 2005 |
| Areva T&D India Limited | From September 2005 to January 2012 |
| Alstom T&D India Limited | From January 2012 to 2016 |
| GE T&D India Limited | From 2016 to 2024 |
| GE Vernova T&D India Limited | From 2024 until today |
You do not need to exchange an old English Electric certificate for a new “GE Vernova” one before converting it to demat. The registrar knows the folio under the old name. The company’s registered office was in Calcutta until 2009 and has been in New Delhi since, so older certificates and letters show a Calcutta address. That does not matter either.
What about General Electric Company of India certificates?
The General Electric Company of India Limited merged into English Electric with effect from 1 April 1992, so its shareholders were given GEC Alsthom India shares in exchange. The new shares were allotted in May 1993. Despite the name, this company was part of Britain’s GEC group, not America’s General Electric.
A General Electric Company of India certificate is now just a record. The GEC Alsthom shares issued in its place were sent separately. From May 1993 they grew exactly like any other holding: five ₹2 shares for each ₹10 share in 2008, plus the Schneider shares in 2011. The scheme set the exchange at 4:5. We confirm exactly how many shares were allotted on your folio before quoting any number. If those shares never reached the family, they will be with the company or, after seven years of unclaimed dividends, in the IEPF.
Two smaller companies were merged in the same way: GEC Power Engineering Services of India (in 1993–94) and Alstom T&D Distribution Transformers of Kerala (in 2000, 1 share for 1). Certificates of either work like the GEC India ones.
Certificates that are not GE Vernova T&D India
- Alstom Power India, Alstom Projects India, Alstom India or ABB Alstom Power India. These are GE Power India, a different company. See the next section.
- Schneider Electric President Systems. A different Schneider company, now delisted. It has nothing to do with the 2011 split described below.
- GE Vernova Inc. The American parent company is listed abroad. Its shares are not held in India and the Indian IEPF does not hold them.
Which GE Vernova company is my “Alstom” certificate?
Look at the exact words. “Alstom Limited” and “Alstom T&D India” are GE Vernova T&D India. “Alstom Power India”, “Alstom Projects India” and “Alstom India” are GE Power India. There are two listed GE Vernova companies in India, and both carried the Alstom name for years. One missing word sends a claim to the wrong company.
| Name on the certificate | Company today |
|---|---|
| Alstom Limited (1998–2005) | GE Vernova T&D India |
| Alstom T&D India Limited (2012–2016) | GE Vernova T&D India |
| ABB Alstom Power India Limited (1999–2000) | GE Power India |
| Alstom Power India Limited (2000–2002) | GE Power India |
| Alstom Projects India Limited (2002–2012) | GE Power India |
| Alstom India Limited (2012–2016) | GE Power India |
What if my certificate is GE Power India?
Then it is a separate company with its own register, and its registrar is KFin Technologies, not MUFG Intime. GE Power India started life in 1992 as Asea Brown Boveri Management Limited. In November 1999 it became ABB Alstom Power India, when ABB moved its power generation business into it and gave every ABB shareholder 1 share of it for each ABB share. Its shares have traded under the ticker GVPIL since August 2025.
- No bonus issues and no splits, ever. Its face value is still ₹10, so the number of shares on the certificate is the number you own. It traded at about ₹659 on 24 September 2026.
- Three Alstom companies merged into it in 2002. Their shareholders were allotted shares on 1 November 2002: 50 shares for every 85 Alstom Transport shares, 78 for every 85 Alstom Systems shares, and 2.2 for every 85 Alstom Power Boilers shares.
- If your family held ABB before November 1999, the GE Power India shares came from that ABB holding. Our ABB India and Hitachi Energy guide explains the whole chain.
Everything that follows is about GE Vernova T&D India and its Schneider shares. The demat, IEPF and duplicate steps work the same way for GE Power India, just through KFin Technologies.
Why do GE Vernova T&D shareholders also own Schneider Electric Infrastructure shares?
Because in 2011 the company, then called Areva T&D India, split off its power distribution business, and every shareholder was given 1 share of the new company for every 1 share held. That new company is Schneider Electric Infrastructure Limited.
It happened because Areva’s global transmission and distribution business was bought jointly by Alstom and Schneider Electric. Alstom kept transmission and Schneider took distribution. In India, the company’s own filings with the stock exchanges show:
- 26 November 2011: the scheme to move the distribution business into a new company, first named Smartgrid Automation Distribution and Switchgear Limited, came into effect.
- 8 December 2011: the new company was renamed Schneider Electric Infrastructure Limited.
- 15 December 2011 (record date): everyone on Areva T&D India’s register that day was entitled to 1 fully paid ₹2 share of Schneider Electric Infrastructure for every 1 Areva T&D India share of ₹2.
- 19 December 2011: the company confirmed the new shares had been allotted.
- March 2012: the shares started trading on the stock exchanges.
Look for a second certificate. If your family held Areva T&D shares on paper in December 2011, the Schneider shares were a separate allotment on a separate folio. Families often put that paper aside because Schneider sounds like a foreign company they never bought. It is worth about ₹1,219 a share today.
The count has not changed since. Schneider Electric Infrastructure has never issued bonus shares or split its shares. So the number of Schneider shares you were given in 2011 is the number you own today. Its registrar is the same Kolkata office (C B Management Services, now part of MUFG Intime), but it keeps its own register.
How many GE Vernova T&D and Schneider shares does an old certificate become today?
For every 100 old English Electric shares held before 1979, you now own 4,000 GE Vernova T&D India shares and 4,000 Schneider Electric Infrastructure shares. The exact number depends on when the shares were first held in your family’s name. Five things multiplied the holding: free bonus shares (1 for every 1 held) in July 1979, December 1987 and January 1991; a split of each ₹10 share into five ₹2 shares in October 2008; and the Schneider split in December 2011.
Find the row that matches your certificate. The numbers are for every 100 shares printed on it.
| Shares held in your name | GE Vernova T&D today | Schneider Electric today | Approx. total value* |
|---|---|---|---|
| Before the July 1979 bonus | 4,000 | 4,000 | about ₹2.20 crore |
| July 1979 to December 1987 | 2,000 | 2,000 | about ₹1.10 crore |
| December 1987 to December 1990 | 1,000 | 1,000 | about ₹55 lakh |
| January 1991 to October 2008 (₹10 certificates) | 500 | 500 | about ₹27.5 lakh |
| ₹2 certificates, October 2008 to December 2011 | 100 | 100 | about ₹5.5 lakh |
| ₹2 certificates, after December 2011 | 100 | none | about ₹4.3 lakh |
*At about ₹4,291 for GE Vernova T&D India and ₹1,219 for Schneider Electric Infrastructure, closing prices on 24 September 2026. Values move with the market. All three bonuses were 1 for 1, so there are no fractions to worry about. Rights shares offered in 1966, 1972 and 1995 are not included: they were only issued to holders who paid for them, on their own certificates.
Here is how 100 shares bought in 1975 grow, one step at a time:
| What happened | What the family owns after it |
|---|---|
| 1975: certificate for 100 shares | 100 English Electric Company of India shares of ₹10 |
| July 1979: 1-for-1 bonus | 200 shares (100 free shares added) |
| December 1987: 1-for-1 bonus | 400 shares (200 free shares added) |
| January 1991: 1-for-1 bonus | 800 shares (400 free shares added). The name becomes GEC Alsthom India in 1993 |
| October 2008: each ₹10 share split into five ₹2 shares | 4,000 Areva T&D India shares of ₹2 |
| December 2011: distribution split-off, 1 for every 1 | 4,000 GE Vernova T&D + 4,000 Schneider Electric Infrastructure, about ₹2.2 crore |
Look at the last row. The certificate says 100. The family owns 8,000 shares across two companies. The GE Vernova T&D part is worth about ₹1.72 crore, and the Schneider part about ₹48.7 lakh. This year’s GE Vernova T&D dividend of ₹10 a share alone comes to ₹40,000 on that holding.
Each of these events came on separate paper. The three bonus issues and the Schneider shares each arrived as their own certificate, in their own envelope, over 32 years. Many families have only the original certificate and assume that is everything. Undelivered certificates go into the company’s unclaimed suspense account, and after seven years of unclaimed dividends they move to the IEPF. So one family’s holding can be spread across two companies and three places: the cupboard, the suspense account and the IEPF.
Found both a ₹10 and a ₹2 certificate? After the 2008 split, paper holders were normally sent new ₹2 certificates in place of the old ₹10 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.
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 share-capital 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.
How do you convert GE Vernova T&D and Schneider share certificates to demat?
Through a demat account in the same name as the certificates. Your broker or bank sends them to the registrar, MUFG Intime India in Kolkata, 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.
- 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).
- Update your KYC with the registrar, once for each company. GE Vernova T&D and Schneider Electric Infrastructure keep separate registers, so each folio needs its own KYC. 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.
- Fill one Demat Request Form (DRF) for each company 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.
- Your broker sends the DRFs and certificates to MUFG Intime. It checks the signature, the folio and the distinctive numbers against each company’s register.
- The shares appear in your demat account, usually within a few weeks if the papers are clean.
Where people get stuck: signatures that no longer match after 40 or 50 years, a name spelt differently on the PAN card, a joint holder who has died, and certificates (bonus or Schneider) that never reached the family. Each of these is covered below. 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, and unclaimed dividends are quietly pushing them towards the IEPF. Read more about the demat “last date”.
How do you check if your GE Vernova T&D or Schneider 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. GE Vernova T&D paid a dividend every year from 2008 to 2019 and again since 2024, so an old folio that stopped cashing them is at risk. The company’s latest IEPF notice set August 2026 for moving the next batch. Check each company separately:
- GE Vernova T&D India’s shareholders’ page carries its IEPF notices and unclaimed dividend details. GE Vernova T&D India shareholders’ corner.
- Schneider Electric Infrastructure is a separate check. It has paid a dividend only once since it was listed, in 2012. So its shares follow a very different IEPF clock from GE Vernova T&D’s. It is common for one company’s shares to be in the IEPF while the other’s are still with the company.
- 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 and every company name. A folio opened in 1975 will be in the holder’s name as it was written then, often with just initials. The IEPF lists shares under today’s company name, not English Electric.
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 GE Vernova T&D and Schneider shares from the IEPF?
You file Form IEPF-5 online on the Ministry of Corporate Affairs website, once for each company, then send the signed papers to that company’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.
One claim or two?
Each company is a separate claim. Shares only started moving to the IEPF in 2017, six years after the Schneider split. So the Schneider shares were issued to your family, not to the IEPF. Since then each company has moved shares on its own schedule. You may need one IEPF claim for GE Vernova T&D and a plain demat for Schneider, or the other way round, or two claims. The only way to know is to check both registers.
The steps, for each company
- 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.
- Complete KYC with the registrar and ask for an entitlement letter for each company. This letter states how many shares and how much dividend on your folio went to the IEPF. Since October 2025 it is a mandatory part of every IEPF-5 claim.
- File Form IEPF-5 on the MCA portal, one form per company. Note the SRN each one gives you; that is your claim number. How to file IEPF-5 online.
- Send the physical documents to the company’s Nodal Officer at its registered office (GE Vernova T&D’s is in New Delhi), 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.
- The company 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. If the original shares, the three sets of bonus shares and the split shares went to the IEPF in different years, one claim per company should cover everything on that folio. Claim only the number printed on your certificate, and you will be back in the queue for the rest.
What if the GE Vernova T&D or Schneider 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 GE Vernova T&D or Schneider: 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 shares move to the IEPF, the original paper certificates are cancelled automatically. There is nothing left to duplicate. You claim with IEPF-5 and the entitlement letter from the registrar, which is based on the company’s register, not on the paper in your hand. Families often spend months getting a duplicate they never needed.
Lost the Schneider certificate but still have the Areva or English Electric one? That is enough to start. The GE Vernova T&D folio shows how many shares you held on 15 December 2011, and the registrar can trace the Schneider folio from it.
Don’t know the folio number? Old dividend warrants, bank passbooks showing dividend credits, letters from English Electric, GEC Alsthom or Alstom, 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 GE Vernova T&D or Schneider 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.
What you need depends on what the lost shares are worth today, counted separately for each company:
- 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 GE Vernova T&D, the top band arrives fast. At about ₹4,291 a share, ₹10 lakh is only about 233 shares, and anything above 2 shares is already past the ₹10,000 plain-paper limit. For Schneider, at about ₹1,219, the line is about 820 shares. The family holding 4,000 shares of each from the example above needs the full process for both.
- 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.
- Update KYC on each folio with Form ISR-1, and ISR-2 if your signature has changed.
- Get the police report and newspaper notice if a holding is above ₹10 lakh. A single police report can usually list both companies’ certificates. The registrar can give you the certificate numbers if you do not have them.
- Submit Form ISR-4 to the registrar for each company, with the affidavit-cum-indemnity bond, the police report and notice if needed, and your demat account details.
- 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. Every bonus and split share on the folio counts, so a holding that “looks” small can be well over the line. The trap many families fall into is signature mismatch; here is how to handle it. 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.
This is very common here because the oldest folios go back to the English Electric era of the 1960s and 1970s. And since the Schneider folios were copied from the Areva T&D register in 2011, a spelling error on the main folio is usually repeated on the Schneider one. Typical cases:
- 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: “Mohd.” and “Mohammed”, “Laxmi” and “Lakshmi”, a dropped middle 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 for each folio. Once the folios match your PAN, the demat and the IEPF claims can go through.
Don’t open the demat account in the “new” name and hope it works. The registrar will reject the demat request, and the certificates come back weeks later. Getting the order right the first time saves months.
How do joint holders convert or claim GE Vernova T&D 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 Schneider certificates carry the same names in the same order as the folio they came from, so one joint demat account can take both.
- Everyone alive and available: open a joint demat account matching the certificates, complete KYC for every holder, and all of them sign the demat requests.
- 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).
For an IEPF claim on a joint folio, the IEPF-5 and the demat account follow the same rule: same names, same order. If one holder has died, delete their name through the registrar before you file. A claim filed on a folio that still shows a deceased holder will be sent back.
What if the GE Vernova T&D shareholder has died?
The shares pass to the nominee or legal heirs through transmission, handled by the registrar for each company, 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. They make this easier than it was:
- 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 counted company by company. A holding of 200 GE Vernova T&D shares (about ₹8.6 lakh) and 200 Schneider shares (about ₹2.4 lakh) stays under the limit in both, even though together it is worth more. But almost any pre-2008 ₹10 certificate for 50 shares or more is above it for GE Vernova T&D. That usually means a succession certificate or legal heir certificate, unless there is a nominee or the other heirs give no-objection. Read the full picture 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 with this company a certificate that says 100 shares can mean 8,000 shares across two companies.
Take a family with a 1975 English Electric certificate for 100 shares. A generalist sees “100 shares” and prices the job on that. The folio actually leads to 4,000 GE Vernova T&D shares and 4,000 Schneider Electric Infrastructure shares, about ₹2.2 crore. The bonus shares may sit in the suspense account or the IEPF. The Schneider shares, worth about ₹48.7 lakh, sit on a different company’s register under a name nobody in the family recognises. Unless someone traces them, they are 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: every old name, every bonus, the split, the Schneider shares, every folio, every IEPF transfer. 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. GE Vernova T&D’s registered office, where its Nodal Officer verifies claims, is in New Delhi too. 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 letters, the verification, the demat credit, and a transmission if the holder has died, for each company. 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
The latest batch of GE Vernova T&D shares was due to move to the IEPF in August 2026. These were folios whose dividends had gone unclaimed since the 2018–19 dividend. More move every time a folio reaches seven years of unclaimed dividends. Cashing any one dividend before the transfer date keeps the shares with the company, so check now, not after the next batch has moved.
15 December 2011 is the date that decides your Schneider shares. Whoever was on Areva T&D India’s register that day got 1 Schneider Electric Infrastructure share for every share held. If your family sold or transferred the shares before that date, there are no Schneider shares to claim. If the shares were still on the register, there are.
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. One example: Alstom or Areva shares bought on paper and never registered in the buyer’s name. Shares already moved to the IEPF are not covered. The full rules of the window.
Holding other old engineering certificates too? See how Hindustan Brown Boveri became ABB, Hitachi Energy and GE Power India, what an old Gujarat Apar Polymers or Apar Limited certificate is worth in Apar Industries shares today, or read our guides to share recovery in Kolkata, where the registrar is, and Delhi, where the company and the IEPF Authority are.
Not sure what your English Electric, Alstom or Areva certificate is worth? Start with Find Your Shares →
Frequently Asked Questions
How do I convert GE Vernova T&D India physical share certificates to demat?
Open a demat account in exactly the name on the certificate, update your KYC with the registrar, MUFG Intime India (formerly C B Management Services), 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. Schneider Electric Infrastructure certificates go the same way, on a separate request form.
What is the new name of GE T&D India Limited?
GE T&D India Limited was renamed GE Vernova T&D India Limited in 2024. It is the same listed company, and the shares did not change. Before 2016 it was called Alstom T&D India, before 2012 Areva T&D India, before 2005 Alstom Limited, before 1998 GEC Alsthom India, and before 1993 The English Electric Company of India.
Are English Electric, Alstom and Areva T&D share certificates the same as GE Vernova T&D India?
Yes. The English Electric Company of India (incorporated 1957) was renamed GEC Alsthom India in 1993, Alstom Limited in 1998, Areva T&D India in 2005, Alstom T&D India in 2012, GE T&D India in 2016 and GE Vernova T&D India in 2024. A certificate in any of those names is a GE Vernova T&D India certificate and can be converted to demat without exchanging it first.
Is an Alstom India or Alstom Projects India certificate a GE Vernova T&D share?
No. Alstom Power India, Alstom Projects India and Alstom India are the old names of GE Power India Limited, a separate GE Vernova company whose registrar is KFin Technologies. Only certificates that say Alstom Limited or Alstom T&D India belong to GE Vernova T&D India.
Why do GE Vernova T&D shareholders own Schneider Electric Infrastructure shares?
In 2011 the company, then called Areva T&D India, demerged its power distribution business into a new company that was renamed Schneider Electric Infrastructure Limited. Everyone on the register on the record date, 15 December 2011, received 1 Schneider Electric Infrastructure share of ₹2 for every 1 Areva T&D India share of ₹2. Schneider Electric Infrastructure has never issued bonus shares or split its shares since.
What is the history of GE Vernova T&D India bonus shares?
The company, then The English Electric Company of India, issued bonus shares of 1 for every 1 held three times: in July 1979, in December 1987 and in January 1991. In October 2008 each ₹10 share was split into five ₹2 shares. There has been no bonus issue since. So one share held before 1979 is 40 shares today.
How many shares do 100 old English Electric shares become today?
It depends on when the shares were first held in your name. 100 shares held before July 1979 are now 4,000 GE Vernova T&D India shares and 4,000 Schneider Electric Infrastructure shares, worth about ₹2.2 crore at prices on 24 September 2026. 100 ₹10 shares held between 1991 and October 2008 are 500 of each, about ₹27.5 lakh.
Who is the registrar (RTA) for GE Vernova T&D India?
MUFG Intime India Private Limited, at its Kolkata office. The company’s earlier registrar, C B Management Services, merged into MUFG Intime with effect from 8 May 2026, so letters and forms in the C B Management name refer to the same office. Demat requests, KYC updates, duplicate certificates, transmission and IEPF entitlement letters all go through it.
How do I claim unclaimed GE Vernova T&D India shares or dividends from the IEPF?
Open a demat account, complete KYC with the registrar and get an entitlement letter, then file Form IEPF-5 on the Ministry of Corporate Affairs website. Send the signed form, an indemnity bond, an advance receipt, your ID, a cancelled cheque, the client master list and the entitlement letter to the company’s Nodal Officer at its registered office in New Delhi. The company verifies the claim and the IEPF Authority releases the shares and dividends to your demat account.
Do I need separate IEPF claims for GE Vernova T&D and Schneider Electric Infrastructure?
Yes, if both companies’ shares have gone to the IEPF. Form IEPF-5 is filed company by company. Each company moves shares to the IEPF on its own schedule, and Schneider Electric Infrastructure has paid a dividend only once since it was listed, so it is common for one company’s shares to be in the IEPF while the other’s are still with the company. Check both registers.
I have lost my GE Vernova T&D or Schneider share certificates. 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 per company you need only a standard affidavit-cum-indemnity bond (a plain-paper undertaking up to ₹10,000). Above ₹10 lakh, which is only about 233 GE Vernova T&D shares at today’s prices, you also need a police report and a newspaper notice. If the shares have already gone to the IEPF, the old certificates were cancelled at that point and you claim with Form IEPF-5 instead.
How long does it take to recover GE Vernova T&D 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.
Do I have to pay SharesRecover anything upfront?
No. Zero advance — you pay only once the shares are credited to your demat account.
Holding old share certificates? Confirm exactly where they stand.
Send us the names and folio numbers on your certificates. We will confirm whether the shares are still in your name, whether they have moved to the IEPF, and what they are worth today.
Zero advance — you pay only once the shares are credited to your demat account.