Old Titan share certificates to demat and IEPF recovery — SharesRecover
September 27, 2026

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

To convert an old Titan share certificate to demat, open a demat account in exactly the name printed on it, update your KYC with Titan’s registrar, MUFG Intime India, and hand the certificate in through your broker or bank with a Demat Request Form. Every certificate from before June 2011, whether it says Titan Watches Limited or Titan Industries Limited, shows ₹10 shares, and each of those shares is now 20 Titan shares. So the count in your demat account will be twenty times the number printed. If the shares have already moved to the IEPF, you claim them back with Form IEPF-5.

That multiplier is why old Titan paper is worth so much. Titan sold its shares to the public in 1987 at ₹10 each. 100 shares bought for ₹1,000 then are 2,000 shares today, about ₹97.68 lakh at the 25 September 2026 price of ₹4,884. A single old ₹10 share is worth about ₹97,680.

Titan paid a dividend of ₹15 a share for 2025–26, so 100 old shares earn about ₹30,000 a year. When a folio does not cash any dividend for seven years in a row, its shares move to the IEPF. Check what your family holds with Find Your Shares →

Key Takeaways

  • Every ₹10 Titan share is 20 shares today. In June 2011 Titan gave one bonus share for every share and split each ₹10 share into ten ₹1 shares. That is the only bonus Titan has ever issued.
  • Titan Watches, Titan Industries and Titan Company are the same company. It started as Titan Watches Limited in 1984, became Titan Industries Limited on 21 September 1993, and took its present name in 2013.
  • 100 old shares are 2,000 shares today, about ₹97.68 lakh.
  • The rights issues of 1992 and 2006 were paid, not free. They added shares only if someone in the family applied and paid.
  • The registrar is MUFG Intime India (formerly Link Intime and TSR Consultants), in Mumbai. It handles demat, KYC, dividends, duplicates, transmission and IEPF entitlement letters for Titan.
  • Just 11 old ₹10 shares are worth more than ₹10 lakh. That limit decides which papers you need for a lost certificate or a transmission.
  • Titan Biotech, Titan Securities and Titan Intech are different companies. Their certificates are not Titan Company shares.

Time-sensitive: in March 2026 Titan announced SEBI’s special window for old paper transfers. If someone in your family bought Titan shares on paper before 1 April 2019 and the transfer was never registered, the window closes on 4 February 2027. Separately, Titan moves a new batch of shares to the IEPF every year, as each year’s dividend passes seven years unclaimed.

How many Titan shares does an old certificate represent today?

Twenty for every ₹10 share, and one for every ₹1 share. Look at the face value printed on the certificate. If it says ₹10, the certificate is from before June 2011, and each share on it has become 20. It does not matter whether the name on it is Titan Watches or Titan Industries.

What the certificate says Titan shares today, per 100 on the certificate
Titan Watches Limited, ₹10 shares (1984–1993) 2,000
Titan Industries Limited, ₹10 shares (1993–June 2011) 2,000
Titan Industries Limited, ₹1 shares (after June 2011, including the bonus certificates) 100
Titan Company Limited, ₹1 shares (2013 onwards) 100

The 20 comes from two things that happened on the same day in June 2011. Each ₹10 share was split into ten ₹1 shares, and Titan then gave one free bonus share for every share held. So 1 old share became 10, and the bonus doubled that to 20. The record date for both was 24 June 2011.

A family often holds more than one kind of certificate: the original allotment, rights shares bought later, and the new certificates sent in 2011. Count each one by its own face value, then add them up. The registrar can confirm the total for the whole folio.

Is a Titan Watches or Titan Industries share certificate a Titan Company share?

Yes. Titan Watches Limited, Titan Industries Limited and Titan Company Limited are one and the same company. Only the name has changed. The shares and the folio numbers stayed the same through each change.

  • 1984: Titan Watches Limited. Incorporated in Tamil Nadu on 26 July 1984, a joint venture of the Tata group and the Tamil Nadu Industrial Development Corporation (TIDCO). Certificates from the 1987 public issue carry this name.
  • 21 September 1993: Titan Industries Limited. The name changed as the company moved beyond watches into jewellery. Most certificates from the 1990s and 2000s carry this name.
  • 2013: Titan Company Limited. The present name. By then most shareholders held in demat, so far fewer paper certificates carry it.

A name change does not cancel a certificate. A Titan Watches certificate from 1987 is handled exactly like a ₹10 Titan Industries one. When you write to the registrar or search the IEPF, use the current name, “Titan Company Limited”, and quote the folio number from the old certificate.

Has Titan issued bonus shares? Its full share history

Titan has issued bonus shares only once: 1 for 1 in June 2011, together with a split of each ₹10 share into ten ₹1 shares. Before 2011, every new Titan share was paid for in cash. Here is every event that affects an old Titan shareholder, from the company’s own records and exchange records:

Year Event What it means for your holding
1984 Titan Watches Limited incorporated (26 July) Shares held only by the founders, TIDCO and senior staff.
1987 Public issue at ₹10 a share (June to September) The first shares the public could own. Part of the issue came as convertible debentures that turned into shares in September 1987.
1990 and 1992 Convertible debentures turn into shares (31 March 1990 and 1 October 1992) Paid, not free. Only families who bought the debentures got these shares.
1992 Rights issue, 1 for every 2 held, at ₹50 (allotted 22 December) Paid, not free. New shares exist only if someone in the family applied and paid.
1993 Renamed Titan Industries Limited (21 September) Same company, same shares.
2006 Rights issue of partly convertible debentures, 1 for every 20 shares (record date 6 March) Paid. Each debenture cost ₹600: ₹350 of it turned into 1 share on allotment, and the other ₹250 was a bond repaid after five years.
2011 Bonus 1:1 and split ₹10 into ten ₹1 shares (record date 24 June) Every ₹10 share became 20 ₹1 shares.
2013 Renamed Titan Company Limited Same company, same shares.

The rights issues are where families most often go wrong. They were not free. The holder had to apply and pay. If nobody did, the right lapsed and there is nothing to claim. If someone did, the extra shares came on their own certificate, often with the same folio number. A 1992 rights certificate for 50 shares is 1,000 shares today, just like any other ₹10 certificate.

The ×20 is exact. Titan had 4,43,89,308 shares of ₹10 before June 2011 and has had 88,77,86,160 shares of ₹1 since, twenty times as many. Nothing has changed the count since 2011.

What are 100 old Titan shares worth today?

About ₹97.68 lakh for 100 ₹10 shares, and about ₹4.88 lakh for 100 ₹1 shares. These figures use the 25 September 2026 price of ₹4,884 a share. Share prices move every day, so treat them as a guide.

100 shares on the certificate Titan shares today Value today Dividend a year
Titan Watches ₹10 (1987–1993) 2,000 ₹97.68 lakh ₹30,000
Titan Industries ₹10 (1993–June 2011) 2,000 ₹97.68 lakh ₹30,000
Titan ₹1 (after June 2011) 100 ₹4.88 lakh ₹1,500

A family example

Say a grandfather in Chennai applied in Titan Watches’ 1987 public issue and was allotted 100 shares at ₹10 each. In 1992 he took up the rights issue and paid ₹50 each for 50 more. In all he paid ₹3,500. In 2006 he did not apply for the debentures, so that right lapsed.

In June 2011 each of his 150 ₹10 shares became 20, so the folio now holds 3,000 Titan shares. He had moved house, the new certificates and the dividend warrants went to the old address, and nobody cashed a dividend for seven years. The shares moved to the IEPF.

Today those 3,000 shares are worth about ₹1.47 crore, and they pay about ₹45,000 a year in dividends. His family found one certificate, for 100 shares, in a cupboard. The folio really holds 3,000: the 2011 bonus and split turned his 100 into 2,000, and the 1992 rights certificate nobody found adds 1,000 more.

Is an old ₹10 Titan share certificate still valid after the 2011 split and bonus?

Yes, the shares behind it are still yours, but the registrar matches the certificate to the folio before it can be dematted. In June 2011 Titan split every ₹10 share into ten ₹1 shares and issued one bonus share for each share. Holders on paper were due new ₹1 certificates for the split shares and separate certificates for the bonus shares.

So a family usually finds one of two situations:

  • You have the ₹1 certificates from 2011. These can be dematted in the normal way. Remember that there should be two sets: the split shares and the bonus shares.
  • You have only ₹10 certificates, in the name Titan Watches or Titan Industries. The 2011 certificates may have been posted and lost, returned undelivered, or held back because the folio’s address was out of date. Write to MUFG Intime with the folio number and copies of the ₹10 certificates. They will confirm how many ₹1 shares the folio holds and how to have them credited to your demat account. If the ₹1 certificates are lost, it becomes a duplicate case (see below).

Either way, the number of shares does not shrink. A ₹10 certificate for 10 shares is 200 shares today, worth about ₹9.77 lakh.

What was Titan’s share price in 2000, and why do old charts look so low?

Most websites show Titan’s prices from before June 2011 divided by 20, to adjust for the 2011 bonus and split. So a price you see on a chart for the year 2000 is one-twentieth of what a ₹10 Titan Industries share actually sold for that day. Multiply the chart price by 20 to get the real price of the share printed on your certificate.

This matters when a family tries to work out what an old holding cost or is worth. Someone who reads a tiny chart price and assumes a certificate is worth little may throw it away. The certificate is worth today’s price times twenty, whatever the chart shows for the past.

Which “Titan” share certificates are not Titan Company shares?

Several other listed companies have “Titan” in their names and have nothing to do with Titan Company. Their shares are not part of your Titan folio and are not multiplied by 20:

  • Titan Biotech Limited. A separate company with its own registrar and its own IEPF list. It often shows up in searches for “Titan IEPF”, so check the full name on the certificate.
  • Titan Securities Limited, Titan Intech Limited and Titanor Components Limited. Also separate companies, with no link to Titan Company.
  • Titan Alloys, Titan Foods & Fashions and Titan Trading & Agencies. Other companies whose names happen to start with “Titan”.

Tanishq, Fastrack and CaratLane are Titan brands and businesses, not separately listed companies. There are no Tanishq or Fastrack shares on the stock exchanges. Their value sits inside your Titan shares. A Tanishq jewellery-scheme passbook or receipt is not a share certificate.

How do you check and claim an unclaimed Titan dividend?

Search Titan’s investor website for unclaimed dividends, then claim from MUFG Intime if the dividend is less than seven years old. In recent years Titan has paid one dividend a year, a final dividend in June or July. Any dividend that is not cashed goes into an unpaid dividend account and waits there for seven years. After that it moves to the IEPF.

Step 1: find out what is unclaimed

  • Titan’s investor website has a search for unclaimed dividends and for shares already moved to the IEPF. Titan unclaimed dividend page.
  • The IEPF Authority’s search at iepfa.gov.in shows dividends and shares that have already moved. How to search the IEPF step by step.
  • Search under every spelling of the holder’s name, and the joint holders’ names too.

Step 2: claim a dividend that is less than seven years old

Write to MUFG Intime (Unit: Titan Company Limited) with the folio number, the dividends you did not receive, a cancelled cheque and a self-attested copy of your PAN card. For shares already in demat, send your client master list instead of the folio details.

Complete the folio’s KYC first. Since 1 April 2024, 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. Titan’s investor website has a page on KYC for physical shareholders.

Step 3: a dividend more than seven years old

It has already gone to the IEPF, and the only way to get it back is Form IEPF-5. How to recover a dividend from the IEPF.

The bigger point: an unclaimed dividend is a warning about the shares. At ₹15 a share, a folio of 2,000 shares misses about ₹30,000 a year. If it misses them for seven years in a row, the shares themselves, worth about ₹97.68 lakh, move to the IEPF too.

How do you convert old Titan share certificates to demat?

Open a demat account in exactly the name on the certificate, update the folio’s KYC with MUFG Intime, then hand the certificates in with a Demat Request Form through your broker or bank. For ₹10 certificates from before June 2011, ask MUFG Intime to confirm the ₹1 share count first.

  1. Open a demat account in the same name, or the same names in the same order for a joint holding.
  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. Write “Surrendered for Dematerialisation” on each certificate and sign it as it was signed on the register.
  4. Hand in the certificates with a Demat Request Form through your broker or bank. Put every certificate from the same folio on one form: the original allotment, any rights certificates, and the 2011 split and bonus certificates.
  5. The registrar checks the signature, the folio and the distinctive numbers against Titan’s register, and the shares arrive in your demat account, usually within a few weeks if the papers are in order.

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 the longer they stay on paper, the more likely it is that dividends go unclaimed and the shares move to the IEPF. The rules on physical shares in 2026.

How do you check if your Titan shares have gone 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. Titan moves a new batch every year, as each year’s dividend passes seven years unclaimed.

  • Titan’s investor website lets you search for shares transferred to the IEPF. Titan transfer of shares to IEPF page.
  • The IEPF Authority’s search at iepfa.gov.in covers shares that have already moved. Search for “Titan Company Limited” and the holder’s name, not for Titan Watches or Titan Industries. How to search the IEPF.
  • Search every old spelling of the holder’s name, and the joint holders’ names too.
  • Expect more than one entry if the family had more than one folio, for example shares held jointly with different people, or shares bought in different names.
  • Check the company name carefully. Titan Biotech also publishes IEPF lists. They are not Titan Company shares.

A certificate that the post office returned to the company undelivered may instead be in Titan’s unclaimed securities suspense account, which the registrar can check. This can happen with the 2011 bonus and split certificates if they came back undelivered. If you find nothing anywhere, the shares are probably still on the register in the holder’s name, waiting to be dematted.

How do you recover Titan shares from the IEPF?

Get an entitlement letter from MUFG Intime, file Form IEPF-5 online on the Ministry of Corporate Affairs website, then send the signed papers to Titan or its registrar for verification. The company 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 MUFG Intime 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 Titan or to MUFG Intime (marked “Unit: Titan Company Limited”): 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. Titan 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.

Claim the whole folio, not the number on the paper. Claim only the 100 printed on a ₹10 certificate for 100 shares and you leave 1,900 shares in the queue. The entitlement letter is based on Titan’s register, so it gives the full count after the 2011 bonus and split, including any rights shares on the same folio.

What if the Titan share certificates are lost?

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

  • Shares still with Titan: the registrar must first cancel the lost certificate and issue duplicate shares, credited straight to your demat account. This is the process in the next section.
  • Shares already in the IEPF: when paper shares move to the IEPF, the company issues new certificates in the IEPF’s name and the old ones are cancelled. 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.
  • Only an old ₹10 certificate survives and the 2011 certificates are missing: this is very common. The old certificate is evidence of the folio, and the registrar can trace the ₹1 shares from it.

Don’t know the folio number? Old dividend warrants in any of the three names, bank passbooks showing Titan dividend credits, the 1987 allotment letter, rights-issue letters, the 2011 bonus letter or any company correspondence can give it. With the holder’s name and an old address, the registrar can usually trace the folio.

How do you get a duplicate Titan share certificate?

Apply to MUFG Intime 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, and duplicate shares are now issued in demat only.

What you need depends on what the lost shares are worth today:

  • 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 Titan these limits are crossed very quickly. ₹10,000 covers only 2 of today’s ₹1 shares, and ₹10 lakh is about 204. A single old ₹10 share is worth about ₹97,680, so no old certificate qualifies for the plain-paper route. A lost certificate for just 11 old ₹10 shares is 220 shares today, about ₹10.74 lakh, so it already needs the police report and the newspaper notice. The steps:

  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 demat. There is no longer a “Letter of Confirmation” to carry to your broker, so the account must 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 MUFG Intime with the affidavit-cum-indemnity bond, the police report and notice if needed, and your demat details.
  5. The shares are credited to your demat account once the registrar completes its checks. SEBI expects about 30 days for a complete, correct application.

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 must all show the same name. One mismatch and the papers come back.

This is very common with Titan folios, because many date from the 1987 public issue, when application forms were filled in by hand. Typical cases:

  • Initials on the certificate, full name on the PAN card: “K. S. Raman” against “Krishnan Subramaniam Raman”.
  • A woman’s maiden name on the certificate and her married name on everything else.
  • Spelling changes over time: “Srinivasan” and “Sreenivasan”, “Laxmi” and “Lakshmi”, a dropped middle name or surname.
  • 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 MUFG Intime with Form ISR-1. Correct every certificate on the folio at the same time, so they can be dematted together.

How do joint holders convert or claim Titan 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. The 2011 bonus and split certificates carry the same names in the same order as the original ₹10 certificate.

  • Everyone alive and available: open a joint demat account matching the certificates, complete KYC for every holder, and all 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 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. If one holder has died, delete their name through the registrar before you file.

What if the Titan shareholder has died?

The shares pass to the nominee or legal heirs through transmission, handled by MUFG Intime, 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.

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 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 Titan that is at most 2 of today’s ₹1 shares, and no old ₹10 certificate at all.
  • 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.

With Titan, the ₹10 lakh limit is reached very quickly. It is about 204 shares today, or just 11 old ₹10 shares. The limit is counted on today’s value of the whole folio, not on the number printed on the certificate. 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 Titan 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. Titan announced the window in March 2026. It is for people who bought shares from someone else, signed a transfer deed, and never became the registered holder.

  • It covers transfers never lodged, and transfers lodged before but rejected or returned.
  • It does not cover cases where the original certificate is lost, 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. You cannot sell or pledge them during that year.

Lodge through MUFG Intime with the original certificate, the transfer deed and your demat details. If the deed was signed before June 2011, the 2011 bonus shares were issued 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 Titan the number printed on the certificate is the wrong number, and every document you need depends on the right one.

Take the family with the grandfather’s certificate for 100 shares. A generalist reads “100 shares”, values them at today’s price, gets about ₹4.88 lakh, and prepares the simple papers for a holding under ₹10 lakh. But the folio really holds 3,000 shares, about ₹1.47 crore, once you add the 2011 bonus and split and the 1992 rights shares. That is far over the ₹10 lakh line, where a duplicate needs a police report and a newspaper notice and a transmission usually needs a succession certificate. 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 allotment, any rights shares, the 2011 bonus and split, 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.

Titan is based in Bengaluru and its registrar is in Mumbai, and our local partners work in both cities. 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. 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

1987 is when the public could first buy Titan shares, at ₹10 each, in the name Titan Watches Limited.

21 September 1993 is when Titan Watches became Titan Industries. The company took its present name, Titan Company Limited, in 2013. Certificates carry whichever name applied when they were issued.

24 June 2011 is the record date for the bonus and the split. Every ₹10 share became 20 ₹1 shares. It is the only bonus Titan has ever issued.

Every year, when Titan’s dividend passes seven years unclaimed, the shares of every folio that has not cashed a dividend for seven years in a row move to the IEPF.

4 February 2027 is when SEBI’s special window for old physical transfers closes. It covers shares bought on paper before 1 April 2019 whose transfer was rejected, returned or never lodged. Shares already moved to the IEPF are not covered.

Holding other old Tata-group or blue-chip certificates too? See what happened to Tata Steel (TISCO) shares, Tata Oil Mills and Hindustan Lever shares, Reliance Industries shares, Asian Paints shares and Mahindra & Mahindra shares.

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

Frequently Asked Questions

Has Titan ever issued bonus shares?
Yes, once. In June 2011 Titan issued 1 bonus share for every share held and, on the same record date (24 June 2011), split each ₹10 share into ten ₹1 shares. Together that turned every ₹10 share into 20 ₹1 shares. Titan has issued no other bonus, before or since.

How many Titan shares do 100 old shares become today?
100 shares on a ₹10 certificate, whether in the name Titan Watches or Titan Industries, are 2,000 Titan shares today, about ₹97.68 lakh at the 25 September 2026 price of ₹4,884. 100 ₹1 shares from after June 2011 are still 100.

Is a Titan Watches Limited share certificate still valid?
Yes. Titan Watches Limited, Titan Industries Limited and Titan Company Limited are the same company. It was incorporated as Titan Watches in 1984, renamed Titan Industries on 21 September 1993 and renamed Titan Company in 2013. A certificate in an old name is handled like any other ₹10 Titan certificate: each share on it is 20 shares today.

What was Titan’s share price in 2000?
Most websites show Titan’s prices from before June 2011 divided by 20, to adjust for the 2011 bonus and split. So a chart price for 2000 is one-twentieth of what a ₹10 Titan Industries share actually traded at. Multiply the chart price by 20 to get the real price of the share on an old certificate.

Who is the registrar (RTA) for Titan Company?
MUFG Intime India Private Limited, formerly Link Intime India and TSR Consultants, in Mumbai. It handles demat requests, KYC updates, unclaimed dividends, duplicate certificates, transmission and IEPF entitlement letters for Titan Company.

How do I check Titan unclaimed shares and dividends?
Titan’s investor website has a search for unclaimed dividends and for shares transferred to the IEPF. Shares and dividends that have already moved can also be searched on the IEPF Authority’s website, iepfa.gov.in, under the name Titan Company Limited. Search every spelling of the holder’s name.

How do I claim Titan shares from the IEPF?
Open a demat account, complete KYC with MUFG Intime 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 Titan or MUFG Intime. The company verifies the claim and reports to the IEPF Authority, which credits the shares to your demat account.

I have lost my Titan share certificate. What do I do?
If the shares are still with Titan, open a demat account, then apply to MUFG Intime for duplicate shares with Form ISR-4. Up to ₹10 lakh, about 204 Titan 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 20 shares today, a lost certificate for just 11 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 Titan shareholder has died?
The shares pass to the nominee or legal heirs by transmission through MUFG Intime, and are credited in demat. Simplified documents apply to physical shares worth up to ₹10 lakh per company, which with Titan is only about 204 shares, or 10 old ₹10 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 Titan Biotech the same as Titan Company?
No. Titan Biotech Limited is a separate listed company with its own registrar and its own IEPF list. The same goes for Titan Securities, Titan Intech and Titanor Components. Only Titan Watches, Titan Industries and Titan Company certificates are Titan Company shares.

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.

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