How to Convert Old Shriram Finance Share Certificates to Demat and Recover Them from IEPF

To convert an old Shriram Finance share certificate to demat, open a demat account in exactly the name printed on it, update your KYC with the company’s registrar, Integrated Registry Management Services in Chennai, and ask the registrar to credit the shares to that account. Every ₹10 share of Shriram Transport Finance, which is what Shriram Finance was called until November 2022, is five Shriram Finance shares today, because each share was split into five in January 2025. If the shares have already moved to the IEPF, you claim them back with Form IEPF-5.

The certificate in your cupboard probably does not say “Shriram Finance”. Shriram Transport Finance, Shriram City Union Finance, Shriram Investments and Shriram Overseas Finance certificates are all Shriram Finance shares today. Shriram Transport Finance simply changed its name. The other three merged into it, in 2005, 2007 and 2022, each at a fixed ratio. None of those names is on the stock exchange any more, so families often assume the paper is worthless. It is not.

That is why an old Shriram certificate is usually worth more than it looks. 100 old Shriram Transport Finance shares are 500 Shriram Finance shares today, about ₹4.72 lakh. 100 Shriram City Union Finance shares are 775, about ₹7.32 lakh, at the 1 October 2026 price of ₹945.00. Check what your family holds with Find Your Shares →

How many Shriram Finance shares does an old certificate represent today?

Every ₹10 share on a Shriram Transport Finance certificate is 5 Shriram Finance shares today. For the companies that merged into it, the merger ratio comes first, and then the same 5. Read the company name printed on the certificate, then find its row.

For a Shriram Transport Finance holder, only one event ever changed the count: the January 2025 split. It turned each ₹10 share into five ₹2 shares. There was no bonus issue before it, and there has been none since.

These figures are for the number printed on the certificate. Two of the merged companies also gave bonus shares in the 1990s. If you bought Shriram City Union Finance shares before 1996, or Shriram Investments shares before 1997, and the bonus certificates are missing, the folio holds more than the certificate says. See Shriram City Union and Shriram Investments below.

Fractions left over by a merger or a bonus are normally sold and the money paid out, so an odd-sized holding can come out a share or two below the straight ratio. The registrar’s figure for the folio is the final one.

Has Shriram Finance ever issued bonus shares? Its full share history

No. Shriram Transport Finance, now Shriram Finance, has not issued a single bonus share since it was set up in 1979. Its share count grew through public issues, rights issues, debentures that turned into shares, and mergers. The only event that multiplied an existing holder’s shares is the 2025 split. Here is every event that matters, from the company’s own records and exchange filings:

A rights issue is not a bonus. In a rights issue the company offers extra shares at a price, and you get them only if you apply and pay. If your family did, those shares are on their own certificate or in the same folio. If it did not, nothing was added. So do not multiply an old certificate for the 1995 or 2020 rights issues.

The 2022 merger and the 2026 MUFG investment did not change an existing holder’s count either. The new shares went to Shriram City Union holders, to the group’s unlisted holding company Shriram Capital, and to MUFG Bank. Your own number stayed the same.

What happened to Shriram City Union Finance shares?

They became Shriram Finance shares in 2022: 155 shares for every 100 Shriram City Union Finance shares. After the 2025 split, 100 Shriram City Union shares are 775 Shriram Finance shares today, about ₹7.32 lakh.

Shriram City Union Finance was the Shriram group’s Chennai lender for two-wheelers, small businesses and personal loans. It merged into Shriram Transport Finance in November 2022, and the combined company took the name Shriram Finance. Everyone on Shriram City Union’s register on 30 November 2022 was allotted Shriram Finance shares on 12 December 2022.

• The new shares were issued only in demat form. A paper shareholder who had not given the company a demat account did not receive a certificate. The shares were put in a suspense account, to be credited when the holder sends in demat account details. If your family still holds the paper certificate, this is where the shares went.
• The Shriram City Union certificate cannot be dematted or sold. That company no longer exists. What you own is the Shriram Finance shares issued in its place.
• Bought before 1996? There was a bonus. Shriram City Union went public in December 1994 and gave one bonus share for every four in early 1996 (the bonus shares were allotted that February). So 100 shares from the public issue became 125, then 193 Shriram Finance shares in 2022 (the fraction was paid in cash), and 965 after the split.
• It never split its shares. The face value was ₹10 from before the public issue until the merger.

If no dividend has been cashed on the folio for seven years, the shares will have left the suspense account for the IEPF. Shriram Finance tracks the old Shriram City Union folios separately from its own, with their own transfer dates. How to check.

What happened to Shriram Investments and Shriram Overseas Finance shares?

Both merged into Shriram Transport Finance. Shriram Investments holders got one share for every one in December 2005. Shriram Overseas Finance holders got three shares for every five in February 2007. Each of those shares is five Shriram Finance shares today. So 100 Shriram Investments shares are 500 today, and 100 Shriram Overseas Finance shares are 300.

Shriram Investments

Shriram Investments was a Chennai truck financier that went public in April 1987. It merged into Shriram Transport Finance with a record date of 21 December 2005, and the new shares were allotted two days later. Before the merger it gave two bonus issues, each of one share for every two. The first lot of bonus shares was allotted in December 1994 and the second in January 1997.

Use the first two rows only if the bonus certificates are missing. If you hold them, they are already in your count. If the shares were bought within a few months of either bonus, ask the registrar which side of the record date the purchase fell. One trap: 48,000 partly paid Shriram Investments shares were forfeited in January 1997 because the call money was never paid. A forfeited share carries nothing.

Shriram Overseas Finance, earlier Pioneer Overseas Finance

Shriram Overseas Finance was set up in 1989 as Pioneer Overseas Finance and went public in May 1995. It took the Shriram name in 2003. It never gave a bonus issue. It merged into Shriram Transport Finance with a record date of 9 February 2007. Two smaller companies had merged into it first, so their certificates lead here too:

None of these certificates can be dematted as they are. The companies no longer exist. Holders would have been sent Shriram Transport Finance certificates after the merger, or had the shares credited to a demat account, and those ₹10 certificates were in turn cancelled by the 2025 split. Integrated Registry Management Services can trace the shares from the old company name and folio number.

If the family never dealt with Shriram Transport Finance after the merger, no dividend has been cashed for close to twenty years. For these folios the seven years ran out long ago, so the shares are very likely with the IEPF.

Is an old ₹10 Shriram Transport Finance certificate still valid?

No. Every ₹10 share certificate of Shriram Finance and Shriram Transport Finance was cancelled automatically on 10 January 2025, the record date of the split. Only the paper was cancelled. The shares were not. Five ₹2 shares stand in the company’s records for every ₹10 share that was on your certificate.

The shareholders’ resolution for the split said the old certificates would be treated as cancelled without being handed in, and that the registrar would issue new paperwork in their place. Anything it sent went to the address on the folio. If yours is an old address, you would not have seen it.

• You lose nothing by still holding the ₹10 certificate. It proves the folio and the number of shares you started with.
• But it is no longer the document your broker can demat. A Demat Request Form lodged on a cancelled ₹10 certificate is likely to come back.
• Write to the registrar first. Integrated Registry Management Services will confirm the ₹2 shares standing against the folio and credit them to your demat account once your KYC is in order. The steps are below.

Do rights issues and old Shriram debentures add to the count?

A rights issue adds shares only if your family applied and paid for them. An old convertible debenture is different: it turned into shares on its own. Shriram Transport Finance and Shriram Investments raised money several times by issuing debentures that converted into shares over the next few years. If a debenture certificate or allotment letter from one of those issues is in the family papers, shares were issued against it.

So 100 debentures from Shriram Transport Finance’s 1996–97 issue became 500 shares by June 2000. Those are 2,500 Shriram Finance shares today, about ₹23.62 lakh.

In the two 1990 issues the last conversion was optional, and a small number of holders did not take it. The registrar’s record for the folio settles the exact number. Plain fixed deposits and non-convertible debentures never became shares. They are covered further down.

What are 100 old Shriram shares worth today?

From about ₹94,500 for 100 of today’s ₹2 shares to about ₹13.61 lakh for 100 Shrilekha Hire Purchase Finance shares. These figures use the 1 October 2026 price of ₹945.00 a share. Share prices move every day, so treat them as a guide.

A family example

Say a mother in Coimbatore bought 200 Shriram City Union Finance shares in the public issue of December 1994. The 1996 bonus added 50, making 250. In 2022 the merger turned them into 387 Shriram Finance shares, with the half share paid in cash. The 2025 split made them 1,935. Nobody in the family ever gave the company a demat account, so the shares went into the suspense account. The dividends went to an old address and were never cashed, so the shares have since moved to the IEPF.

Today those 1,935 shares are worth about ₹18.29 lakh. The family found the certificate, read “Shriram City Union Finance, 200 shares”, looked for the company on the stock exchange and found nothing. At today’s price even 200 Shriram Finance shares would be about ₹1.89 lakh. The folio really stands for 1,935 shares, nearly ten times that.

We found several old Shriram certificates. How do we count them?

Multiply each certificate by its own company’s number and add the results. Use the “with the bonus” figures only when the bonus certificate is missing. Take the family above, if both of its Shriram City Union certificates had survived:

• Only the 1994 certificate survives: use the “with the 1996 bonus” figure. 200 shares are 1,935 today. The bonus shares belong to the folio whether or not their certificate can be found.
• You have the bonus certificate too: multiply each certificate by 7.75 and add them. Do not use the “with the bonus” figure as well.
• The common mistake is to do both, which gives 2,320 shares. The right answer is 1,935, and a claim for shares that do not exist will be sent back.
• Different companies are different folios. A Shriram Transport Finance folio, a Shriram City Union folio and a Shriram Investments folio are separate holdings, even for the same person. Count each with its own ratio and add them.
• A letter or statement showing ₹2 shares replaces the ₹10 certificate for that folio. Do not count the old certificate and the new paperwork together.

The registrar can confirm the total for each folio.

Which Shriram is on your certificate? Names that are not Shriram Finance

Several unrelated companies carry the Shriram name, and a search for one often brings up another. Shriram Finance belongs to the Shriram group of Chennai. Some people write it as Sriram Finance or Sriram Transport Finance, which is the same company. Read the full name on the certificate before you count it:

• DCM Shriram, DCM Shriram Industries, DCM Shriram Consolidated and Shriram Industrial Enterprises (SIEL). These belong to the DCM family of Delhi and have nothing to do with Shriram Finance. Their shares have their own history and registrars. What old DCM and DCM Shriram shares are today.
• Shriram Pistons & Rings. A separate Delhi company, renamed SPR Auto Technologies in July 2026.
• Shriram EPC. A separate listed engineering company, renamed SEPC in March 2022.
• Shriram Asset Management Company and Shriram Properties. Both are separate listed companies with their own shares and registrars. They are not part of a Shriram Finance folio.
• City Union Bank. A separate listed bank. A City Union Bank certificate is not a Shriram City Union Finance certificate.

Some Shriram papers are not shares at all. They turn up in the same files:

• Fixed deposit receipts of Shriram Transport Finance, Shriram City Union Finance or Shriram Finance. A deposit is a loan to the company, not a share. A matured deposit that stays unclaimed for seven years does go to the IEPF, and is claimed with the same Form IEPF-5, but what comes back is money.
• Non-convertible debentures and bonds. The same rule applies: unclaimed redemption money and interest go to the IEPF after seven years.
• Shriram Chits passbooks, Shriram Life or Shriram General Insurance policies, and Shriram mutual fund units. None of these is a share, and none is claimed through the IEPF share process. Each is claimed from the company that issued it.

How do you check and claim an unclaimed Shriram Finance dividend?

Check the unpaid dividend lists on Shriram Finance’s investor website, then claim any dividend from the last seven years from Integrated Registry Management Services. Older dividends have already gone to the IEPF. Shriram Finance usually pays more than one dividend a year, an interim and a final. So folios cross the seven-year line more than once a year too: in 2026 the dates are 2 August, 2 September, and 28 and 29 November.

How to claim

Write to Integrated Registry Management Services (for Shriram Finance) with the folio number, the dividends you did not receive, a cancelled cheque, and self-attested copies of your PAN card and an address proof. Paper folios must also send Form ISR-1 to update their KYC. For shares already in demat, send your client master list instead. For a Shriram City Union folio, quote the old company name and folio number.

Complete the folio’s KYC first. A paper folio is paid its dividend only electronically, and only if its KYC (PAN, bank account, contact details and signature) is complete. Without it the dividend is simply held back, and seven years of held-back dividends sends the shares to the IEPF. Shriram Finance ran 100-day drives in 2025 and again in 2026, at the IEPF Authority’s direction, asking shareholders to update their KYC and collect old dividends before they move.

If the shares have already moved to the IEPF, some of the folio’s dividends may still be with Shriram Finance and others with the IEPF. The entitlement letter from the registrar sets out which is where. How to recover a dividend from the IEPF.

How do you convert old Shriram share certificates to demat?

Open a demat account in exactly the name on the certificate, update the folio’s KYC with Integrated Registry Management Services, then ask the registrar to credit the shares to that account. With most companies you would hand the certificate to your broker with a Demat Request Form. With Shriram Finance that step rarely works, because every ₹10 certificate was cancelled in the 2025 split and Shriram City Union shares sit in a suspense account.

1. Open a demat account in the same name, or the same names in the same order for a joint holding. Ask your broker or bank for the client master list, the one-page proof of the account.
2. Update KYC on the folio with Form ISR-1 (PAN, bank, contact details), and Form ISR-2 if your signature has changed. How to fix a signature mismatch.
3. Ask the registrar for the shares. Send the folio number, copies of every certificate, the client master list and the service request form (usually Form ISR-4, which covers both replaced certificates and claims from a suspense account). Keep the original certificates safe. The registrar will tell you if it needs them.
4. The registrar checks the signature, the folio and the certificate numbers against its register.
5. The shares are credited straight to your demat account. Since 2 April 2026 there is no “Letter of Confirmation” to carry to your broker. If the papers are in order this takes a few weeks.

Since April 2019, paper shares cannot be sold or transferred until they are in demat. There is no deadline to demat shares already registered in your own name. But every year on paper is another year of dividends that can go unclaimed, and seven of those send the shares to the IEPF. The rules on physical shares in 2026.

How do you check if your Shriram Finance shares have gone to the IEPF?

If no dividend on the folio has been cashed for seven years in a row, assume the shares may have moved to the IEPF, and check. Look in three places:

• Shriram Finance’s investor website publishes, year by year, the shares and dividends due to move to the IEPF. It keeps separate lists for Shriram Finance, Shriram Transport Finance and Shriram City Union Finance, so look under the name on your certificate.
• The IEPF Authority’s search at iepfa.gov.in covers dividends and shares that have already moved. It searches by the holder’s name, not by folio number. How to search the IEPF step by step.
• Integrated Registry Management Services can confirm the status of a folio once you give the folio number and the holder’s details. Three ways to search by folio number.

Look under all three names. Shares that moved before the 2022 merger may be listed under Shriram Transport Finance or Shriram City Union Finance, and later ones under Shriram Finance. Search every old spelling of the holder’s name, and the joint holders’ names too. If you find nothing anywhere, the shares are probably still with the company, on its register or in the suspense account, waiting for a demat account.

How do you recover Shriram Finance shares from the IEPF?

Get an entitlement letter from Integrated Registry Management Services, file Form IEPF-5 online on the Ministry of Corporate Affairs website, then send the signed papers to Shriram Finance’s IEPF nodal officer for verification. Shriram Finance checks the claim and sends a verification report to the IEPF Authority, which credits the shares back to your demat account and refunds the dividends.

1. Open a demat account in the claimant’s name. For a joint folio, the same names in the same order.
2. Complete KYC with the registrar and ask for an entitlement letter. It 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 and note the SRN, your claim number. How to file IEPF-5 online.
4. Send the physical documents to Shriram Finance’s nodal officer for IEPF, named on the company’s investor website: 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 certificates if you have them.
5. Shriram Finance verifies and reports to the IEPF Authority. The rules give the company 15 days for its report and the Authority 60 days to decide: 75 days on paper. Real claims usually take much longer, because papers go back and forth. What to do when an IEPF claim is stuck.

One company, one claim. Shares that began as Shriram Transport, Shriram City Union, Shriram Investments or Shriram Overseas Finance are all Shriram Finance shares now, so they are all claimed from Shriram Finance. The rules allow only one consolidated IEPF-5 claim for a company in a financial year. Put every folio into it, with an entitlement letter for each.

Claim the whole folio, not the number on the paper. Claim only the 200 printed on the Shriram City Union certificate above and you leave 1,735 shares in the queue. The entitlement letter is based on the company’s register, so it gives the full count after the bonus, the merger and the split.

What if the Shriram share certificates are lost?

If the shares are still with Shriram Finance, apply to Integrated Registry Management Services with Form ISR-4 and the lost-certificate papers. If they have gone to the IEPF, you claim them with IEPF-5 instead and do not need a duplicate. When paper shares move to the IEPF, the old certificates are cancelled automatically.

A Shriram certificate cancelled by the split, or a Shriram City Union certificate, still has to be accounted for. If you cannot produce it, the registrar will usually ask for the same papers as for a lost certificate. What you need depends on what the shares are worth today. SEBI simplified these rules in December 2025:

• 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 and certificate numbers, plus a notice of the loss in a widely read newspaper.

With Shriram Finance, the ₹10 lakh line sits at about 1,058 of today’s shares. ₹10,000 covers only 10. A lost certificate for 212 old Shriram Transport shares is 1,060 shares today, about ₹10.02 lakh, so it already needs the police report and the newspaper notice. For Shriram City Union the line is just 137 shares.

Open the demat account before you apply. Since 2 April 2026 the registrar credits the shares straight into demat. SEBI expects about 30 days for a complete, correct application.

Don’t know the folio number? Old dividend warrants, bank passbooks showing Shriram dividend credits, a merger allotment letter, or any letter from the company can give 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 ask for the shares 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 must all show the same name. One mismatch and the papers come back.

• Initials on the certificate, full name on the PAN card: “K. R. Venkataraman” against “Kumbakonam Ramaswamy Venkataraman”. Common with South Indian names, so watch for it on Shriram certificates.
• A woman’s maiden name on the certificate and her married name on everything else.
• 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 to Integrated Registry Management Services with Form ISR-1, and correct every folio at the same time.

What if the Shriram shareholder has died?

The shares pass to the nominee or legal heirs through transmission, handled by Integrated Registry Management Services, 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. If one joint holder has died, the survivors only need the name deleted with a copy of the death certificate.

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

• Simplified documents for physical shares worth up to ₹10 lakh per listed 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. With Shriram Finance that is at most 10 of today’s shares, or 2 old ₹10 shares.
• 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 on today’s value of the whole holding in the company, not on the number printed on the certificate. With Shriram Finance that is about 1,058 shares, or 211 old Shriram Transport shares, or 136 Shriram City Union shares. Above it 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.

Bought Shriram shares on paper but never got them transferred?

You can use SEBI’s special window, open until 4 February 2027, if the shares were bought before 1 April 2019 and you still have the original certificate. It is for people who bought shares from someone else, signed a transfer deed, and never became the registered holder. It applies to listed companies, Shriram Finance included.

Shriram Finance confirmed the window in a notice to its shareholders on 30 September 2026. It covers Shriram Transport Finance certificates and old Shriram City Union Finance certificates alike. You lodge the transfer deed, proof of purchase and the original certificate with Integrated Registry Management Services, along with a client master list not more than two months old.

• It covers transfers never lodged, and transfers lodged before but rejected or returned.
• It does not cover disputed cases, or shares already moved to the IEPF.
• The shares are credited in demat only, and they are locked in for one year from the date the transfer is registered.

If the deed was signed before a merger or the split, the new shares went to the seller, who was still the registered holder. Ask the registrar exactly which shares your certificate covers before you lodge it. The full rules of the window.

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

Because with Shriram the number printed on the certificate is almost always the wrong number, the name on it is a company that no longer trades under that name, and the shares may already be with the IEPF. Every document you need depends on getting those three right.

Take the family with the Shriram City Union certificate for 200 shares. A generalist either tells them the company is gone, or reads “200 shares”, values them at about ₹1.89 lakh, and prepares the simple papers for a holding under ₹10 lakh. But the folio really stands for 1,935 Shriram Finance shares, about ₹18.29 lakh. That is over the ₹10 lakh line, where a lost certificate needs a police report and a newspaper notice and a transmission usually needs a succession certificate. The generalist also misses that the shares moved to the IEPF. The papers come back, and the family starts again months later.

We work the other way round. We trace the complete holding first: the original shares, the bonus, the merger, the split, every folio, every dividend, 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.

Shriram Finance’s registrar is in Chennai, and our local partners work there and in the other cities where old Shriram shareholders live. Share recovery in Chennai · Share recovery in Hyderabad · Share recovery in Bengaluru · Share recovery in Mumbai. But the IEPF claim itself is decided in Delhi, where the IEPF Authority sits. Our team is in Delhi, so we can follow your file up in person, not by letter from another city. Share recovery in Delhi. For 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

13 November 2026 is the last date to claim old dividends and stop the next IEPF transfer. The shares fall due on 28 November 2026 (old Shriram City Union folios) and 29 November 2026 (Shriram Finance folios).

10 January 2025 is the record date of the split, when each ₹10 share became five ₹2 shares and every ₹10 certificate was cancelled.

30 November 2022 is the record date of the Shriram City Union Finance merger, and the day Shriram Transport Finance became Shriram Finance. The new shares were allotted on 12 December 2022.

21 December 2005 is the record date for Shriram Investments (one share for one), and 9 February 2007 the record date for Shriram Overseas Finance (three shares for every five).

4 February 2027 is when SEBI’s special window for old physical transfers closes.

Holding other old company certificates too? See what happened to TVS Motor shares, MRF shares, EID Parry shares, ICICI Bank and Bank of Madura shares and SBI shares.

Not sure how many Shriram Finance shares your family’s certificates add up to, or whether they have gone to the IEPF? Start with Find Your Shares →

Frequently Asked Questions

How many Shriram Finance shares do 100 old Shriram Transport Finance shares become today?
100 Shriram Transport Finance shares of ₹10 are 500 Shriram Finance shares today, about ₹4.72 lakh at the 1 October 2026 price of ₹945.00. The company was renamed Shriram Finance on 30 November 2022, and in January 2025 each ₹10 share was split into five ₹2 shares. There was never a bonus issue.

Is Shriram Transport Finance the same company as Shriram Finance?
Yes. Shriram Transport Finance Company Limited changed its name to Shriram Finance Limited with effect from 30 November 2022, when Shriram City Union Finance merged into it. A Shriram Transport Finance share certificate is a Shriram Finance holding.

Has Shriram Finance or Shriram Transport Finance ever issued bonus shares?
No. Shriram Transport Finance, now Shriram Finance, has not issued bonus shares in any year since it was set up in 1979. Its rights issues, including the 2020 issue of 3 shares for every 26 at ₹570, had to be paid for. The only event that multiplied a holder’s shares is the January 2025 split of each ₹10 share into five ₹2 shares.

What happened to Shriram City Union Finance shares?
Shriram City Union Finance merged into Shriram Transport Finance, now Shriram Finance, in 2022. Holders on the record date of 30 November 2022 got 155 Shriram Finance shares for every 100 Shriram City Union shares. After the 2025 split, 100 Shriram City Union shares are 775 Shriram Finance shares today, about ₹7.32 lakh. The new shares were issued only in demat form, so a paper holder’s shares are kept in a suspense account until the holder gives the registrar a demat account.

What happened to Shriram Investments and Shriram Overseas Finance shares?
Both merged into Shriram Transport Finance. Shriram Investments holders got one share for every one (record date 21 December 2005). Shriram Overseas Finance holders, including holders of its earlier name Pioneer Overseas Finance, got three shares for every five (record date 9 February 2007). After the 2025 split, 100 Shriram Investments shares are 500 Shriram Finance shares today and 100 Shriram Overseas Finance shares are 300.

Is my old ₹10 Shriram Transport Finance share certificate still valid?
The paper is not, but the shares are. Every ₹10 certificate of Shriram Finance and Shriram Transport Finance was cancelled automatically on 10 January 2025, the record date of the split. Five ₹2 shares stand in the company’s records for every ₹10 share. Write to the registrar, Integrated Registry Management Services, with your KYC and demat account details to have them credited.

Who is the registrar (RTA) for Shriram Finance shares?
Integrated Registry Management Services Private Limited, in Chennai. It handles KYC updates, unclaimed dividends, demat credits, duplicate and lost-certificate requests, transmission and IEPF entitlement letters for Shriram Finance, including for folios that began as Shriram Transport Finance, Shriram City Union Finance, Shriram Investments and Shriram Overseas Finance.

Do Shriram Finance shares go to the IEPF? When is the next transfer?
Yes. When the dividends on a folio go unclaimed for seven consecutive years, Shriram Finance must transfer that folio’s shares to the IEPF, after writing to the holder. The next transfers fall due on 28 November 2026 for old Shriram City Union Finance folios and 29 November 2026 for Shriram Finance folios. They cover shares on which no dividend has been claimed since the interim dividend of 2019-20. The last date to claim those dividends and stop the transfer is 13 November 2026.

How do I claim Shriram Finance shares from the IEPF?
Open a demat account, complete KYC with Integrated Registry Management Services and get 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, your client master list and the entitlement letter to Shriram Finance’s IEPF nodal officer. Shriram Finance verifies the claim and reports to the IEPF Authority, which credits the shares to your demat account. Only one consolidated claim is allowed for a company in a financial year, so include every Shriram folio in it.

How do I claim an unclaimed Shriram Finance dividend?
Dividends from the last seven years are claimed from Integrated Registry Management Services with a request letter quoting the folio, a cancelled cheque, and self-attested PAN and address proof, plus Form ISR-1 to update KYC for a paper folio. Dividends older than seven years have already gone to the IEPF and are claimed with Form IEPF-5.

I have lost my Shriram Transport Finance share certificate. What do I do?
If the shares are still with Shriram Finance, open a demat account, then apply to Integrated Registry Management Services with Form ISR-4. Up to ₹10 lakh, about 1,058 Shriram Finance 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. Because each old ₹10 share is 5 shares today, a lost certificate for 212 old shares is already above ₹10 lakh. If the shares have gone to the IEPF, you claim them with Form IEPF-5 instead.

What if the Shriram Finance shareholder has died?
The shares pass to the nominee or legal heirs by transmission through Integrated Registry Management Services, and are credited in demat. Simplified documents apply to physical shares worth up to ₹10 lakh per company, which with Shriram Finance is about 1,058 shares, or 211 old Shriram Transport shares. Above that, heirs usually need a succession certificate or legal heir certificate unless there is a nominee or the other heirs give no-objection.

Is DCM Shriram the same as Shriram Finance?
No. DCM Shriram, DCM Shriram Industries and Shriram Industrial Enterprises belong to the DCM family of Delhi. Shriram Finance belongs to the Shriram group of Chennai. Shriram Pistons & Rings (now SPR Auto Technologies), Shriram EPC (now SEPC), Shriram Asset Management Company and Shriram Properties are also separate companies. None of their certificates is a Shriram Finance holding.

Are Shriram fixed deposits and debentures claimed the same way as shares?
Not quite. A fixed deposit or a non-convertible debenture is a loan to the company, not a share. Matured deposits, debenture redemption money and interest that stay unclaimed for seven years go to the IEPF and are claimed with Form IEPF-5, but what comes back is money. The exception is the old convertible debentures that Shriram Transport Finance and Shriram Investments issued between 1986 and 1997. Those turned into shares.

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