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

To convert an old TVS Motor 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 hand the certificate in through your broker or bank with a Demat Request Form. Every certificate from before December 2003 shows ₹10 shares, and each of those shares is now 20 TVS Motor shares. The certificate may say TVS Suzuki instead of TVS Motor. It is the same company. If the shares have already moved to the IEPF, you claim them back with Form IEPF-5.

That multiplier is why an old TVS certificate is worth so much more than the number on it suggests. 100 ₹10 shares on a TVS Suzuki certificate from around 2000 have grown into 2,000 shares today, about ₹81.82 lakh at the 29 September 2026 price of ₹4,091.10. A family that reads “100 shares” and multiplies by today’s price gets about ₹4 lakh. The folio really holds twenty times that.

TVS Motor paid an interim dividend of ₹12 a share in March 2026, so those 2,000 shares earn about ₹24,000 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 →

How many TVS Motor shares does an old certificate represent today?

Every ₹10 share printed on a certificate from before December 2003 is 20 shares today. A ₹1 certificate from December 2003 to September 2010 is worth twice the number printed. Look at two things on the certificate: the face value (₹10 or ₹1) and the date. Then find the row that matches.

The multiplier comes from one split and one bonus issue. In December 2003 each ₹10 share became ten ₹1 shares. In September 2010 every holder got one free share for each share held. A holding only gets the events that came after it was issued.

The split and the bonus came on separate certificates. They belong to the folio even if those certificates are lost. But if you do have them, do not add them on top of these figures, or you count the same shares twice. How to count several certificates.

Bonus and merger fractions were paid out in cash, so an odd-sized holding can come out a share or two below the straight multiplier. The registrar’s figure for the folio is the final one.

Has TVS Motor issued bonus shares? Its full share history

Yes, once: a 1:1 bonus in September 2010. TVS also split its shares in 2003. Here is every event that changed the number of shares an old holder owns, from the company’s own records and exchange filings:

Other group changes did not touch your TVS Motor shares. In 2026 TVS Motor absorbed its own subsidiary, Sundaram Auto Components. The subsidiary was fully owned by TVS Motor, so no new shares were issued to anyone.

Was TVS Motor’s 2025 4:1 bonus a bonus share issue?

No. In 2025 TVS Motor issued bonus preference shares, not bonus equity shares, so your share count did not change. Many share-price websites and apps list it as a “4:1 bonus”. If you believe that, you will expect five times as many shares as your folio really holds.

Here is what actually happened. For every TVS share held on 25 August 2025, the holder received 4 preference shares of ₹10 each, paying 6% a year. They were never meant to be kept. The company repaid them in cash after one year, on 1 September 2026: ₹10 each plus ₹0.60 of dividend. That is ₹42.40 for every TVS share you held in August 2025.

The count proves it. TVS Motor issued 190 crore of these preference shares. That is exactly four for each of its 47.5 crore equity shares, and it still has 47.5 crore equity shares today. A real 4:1 bonus would have made it 237.5 crore.

Is TVS Motor preference-share money still owed to you?

It may be. If your folio had no bank account or current address on record, the ₹42.40 a share paid out on 1 September 2026 may never have reached you. For an old folio this is a real sum.

Take a holding that started as 100 ₹10 shares around 2000. By August 2025 it was 2,000 shares. It received 8,000 preference shares, and the repayment in September 2026 came to ₹84,800. That is on top of the 2,000 shares themselves.

• If the money was not paid out, it sits with TVS Motor as an unpaid amount. Claim it from Integrated Registry Management Services once the folio’s KYC is complete. Since 1 April 2024, a paper folio is paid only electronically, and only if its KYC is complete.
• If your shares were already with the IEPF in August 2025, the preference shares and the cash that followed went with them. Ask about it in the same IEPF claim.
• If nobody claims the money for seven years, it goes to the IEPF, like an unclaimed dividend.

A letter about preference shares found among old papers is not a share certificate. It proves money was due on the folio, which is useful, but it does not add a single share.

What are 100 old TVS Motor shares worth today?

From about ₹4.09 lakh for a recent ₹1 certificate to about ₹81.82 lakh for a ₹10 certificate from before December 2003. These figures use the 29 September 2026 price of ₹4,091.10 a share. Share prices move every day, so treat them as a guide.

A family example

Say a father in Chennai bought 100 TVS Suzuki shares of ₹10 each in 2000. In 2003 the split turned them into 1,000 ₹1 shares, on a new certificate. In 2010 the bonus added another 1,000, so he held 2,000 shares. The later certificates went to an address the family had left, nobody cashed a dividend for seven years, and the shares moved to the IEPF.

Today those 2,000 shares are worth about ₹81.82 lakh, and they pay about ₹24,000 a year in dividends. The preference-share repayment of ₹84,800 is due on top. The family found the 2000 certificate and read “100 shares”, which at today’s price looks like about ₹4.09 lakh. The folio really holds 2,000 shares, 20 times that.

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

If you have the later certificates too, just add up the shares printed on the ₹1 certificates. Use the multipliers only when the original ₹10 certificate is all you have. A family that held TVS since 2000 may find three certificates: the original ₹10 one, the ₹1 one from the 2003 split, and the bonus one from 2010.

The total, 2,000, is the same figure the table above gives for the 2000 certificate alone. When the split happened, the old ₹10 certificate was meant to be replaced by the new ₹1 one. Many families kept both. So:

• Only the original ₹10 certificate survives: multiply by 20. That gives the whole folio, because the split and bonus shares belong to it whether or not their certificates can be found.
• You have the ₹1 certificates from 2003 and 2010: add up the shares on those. Do not count the ₹10 certificate again.
• Never apply the multiplier to every certificate. That counts the same shares several times. Here it gives 5,000 shares instead of 2,000, and a claim for shares that do not exist will be sent back.

The registrar can confirm the total for the whole folio.

Is a TVS Suzuki or Indo Suzuki share certificate still valid?

Yes. TVS Suzuki and Indo Suzuki Motorcycles are earlier names in TVS Motor’s history, so those certificates still lead to TVS Motor shares. The path is slightly different depending on the date.

• 1982–1986: the motorcycle company started life as Indian Motorcycle, then Indo Suzuki Motorcycles, a venture between the TVS group and Suzuki of Japan. It was renamed TVS Suzuki Ltd in 1986.
• 1999–2000: that listed TVS Suzuki merged into Sundaram Auto Engineers, another TVS group company. The merged company took the name TVS Suzuki Ltd in July 2000.
• 2001: TVS and Suzuki parted ways, and in November the company was renamed TVS Motor Company Limited.

A ₹10 certificate from 2000 to 2003, whether it says TVS Suzuki or TVS Motor, is counted with the multiplier of 20. A certificate from before the 1999 merger belongs to the old TVS Suzuki. Those shares were exchanged for shares of the merged company, and we could not confirm the exchange ratio from a public record. Ask Integrated Registry Management Services how many TVS Motor shares the folio received in 1999. Every share it received then has since become 20.

When you write to the registrar or search the IEPF, use “TVS Motor Company Limited” and quote the folio number from the old certificate.

Do Lakshmi Auto Components shares become TVS Motor shares?

Yes. In 2004 Lakshmi Auto Components’ engine-parts business merged into TVS Motor, and its shareholders received 10 TVS Motor shares of ₹1 for every 7 LAC shares of ₹10. The record date was 23 April 2004. The 2010 bonus then doubled them. So 100 LAC shares are 284 TVS Motor shares today, about ₹11.62 lakh.

Lakshmi Auto Components’ rubber and plastics business went to Sundaram Auto Components, a TVS Motor subsidiary, at the same time. That subsidiary was never separately listed and has since been absorbed into TVS Motor. The TVS Motor shares are the whole of what an LAC holder is owed.

Which papers are not TVS Motor shares?

The TVS group has several listed companies, and their certificates often turn up together. Check the full name on each one before you count it:

• Sundaram-Clayton. The old Sundaram-Clayton was TVS Motor’s parent. In 2023 it split: the manufacturing business became a new, separately listed Sundaram-Clayton, and the old company was renamed TVS Holdings. Those are separate companies with their own shares.
• TVS Srichakra, Sundaram Fasteners, Sundaram Finance and other TVS family companies. Each is separately listed and has its own registrar and IEPF list.
• Maruti Suzuki. Nothing to do with TVS Suzuki, despite the name.
• Letters about the 2025 preference shares. These show money was due on the folio, but they are not shares.

How do you check and claim an unclaimed TVS Motor dividend?

Check TVS Motor’s investor website for unclaimed dividends, then claim from Integrated Registry Management Services if the dividend is less than seven years old. 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

• TVS Motor’s investor website publishes the details of unclaimed dividends and of shares already moved to the IEPF.
• 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 Integrated Registry Management Services (for TVS Motor Company Limited) 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 the ISR forms that update their KYC. For shares already in demat, send your client master list instead.

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.

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 ₹12 a share, a folio of 2,000 shares misses about ₹24,000 a year. If it misses them for seven years in a row, the shares themselves, worth about ₹81.82 lakh, move to the IEPF too.

How do you convert old TVS Motor 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 hand the certificates in with a Demat Request Form through your broker or bank. For ₹10 certificates, ask the registrar to confirm the ₹1 share count on the folio 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.
5. The registrar checks the signature, the folio and the distinctive numbers against the 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 TVS Motor 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. TVS Motor moves a new batch every year, as each year’s dividend passes seven years unclaimed. The batch for folios that have not cashed a dividend since 2018–19 is moving now.

• TVS Motor’s investor website gives the details of shares already moved to the IEPF.
• The IEPF Authority’s search at iepfa.gov.in covers shares that have already moved. Search for “TVS Motor Company Limited” and the holder’s name. 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.

A split or bonus certificate that the post office returned undelivered may instead be in the company’s unclaimed securities suspense account, which the registrar can check. 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 TVS Motor 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 TVS Motor’s nodal officer or the 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 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 TVS Motor’s nodal officer or to the registrar: 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. TVS Motor 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 2000 certificate and you leave 1,900 shares in the queue. The entitlement letter is based on the company’s register, so it gives the full count after the split and the bonus.

What if the TVS Motor share certificates are lost?

If the shares are still with TVS Motor, apply to Integrated Registry Management Services for duplicate shares with Form ISR-4. 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.

For duplicates, what you need depends on what the lost 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 TVS Motor these limits are crossed very quickly. ₹10,000 covers only 2 of today’s shares, and ₹10 lakh is about 244. A single old ₹10 share is 20 shares today, about ₹81,822. A lost certificate for just 13 of those ₹10 shares is 260 shares today, about ₹10.64 lakh, so it already needs the police report and the newspaper notice.

Open the demat account before you apply. Since 2 April 2026 the registrar credits duplicate shares straight into demat. There is no longer a “Letter of Confirmation” to carry to your broker. SEBI expects about 30 days for a complete, correct application.

Don’t know the folio number? Old dividend warrants, bank passbooks showing TVS credits, split or bonus letters, or any company correspondence 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 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.

• Initials on the certificate, full name on the PAN card: “R. Srinivasan” against “Ramaswamy Srinivasan”. Very common with South Indian names, where the initial stands for the father’s or village name.
• 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 certificate on the folio at the same time.

What if the TVS Motor 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 TVS Motor that is at most 2 of today’s 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 folio, not on the number printed on the certificate. With TVS Motor that is about 244 shares, or just 13 old ₹10 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 TVS 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. TVS Motor has opened this window with its registrar.

• 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.

Any split or bonus certificates issued after the deed was signed 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 TVS Motor 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 father’s 2000 certificate for 100 shares. A generalist reads “100 shares”, values them at today’s price, gets about ₹4.09 lakh, and prepares the simple papers for a holding under ₹10 lakh. But the folio really holds 2,000 shares, about ₹81.82 lakh, after the split and the bonus. 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. And the ₹84,800 of preference-share money is never even asked for.

We work the other way round. We trace the complete holding first: the original shares, the split, the bonus, the preference-share cash, 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.

TVS Motor and its registrar are both in Chennai, and our local partners work there. Share recovery in Chennai. 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

30 September 2026 is the date set for claiming 2018–19 dividends with the registrar. Folios that have not cashed a TVS dividend since then move to the IEPF after it. A new batch follows each year.

26 December 2003 is the record date for the split, when each ₹10 share became ten ₹1 shares. 9 September 2010 is the record date for the 1:1 bonus. There has been no other bonus share issue.

25 August 2025 is the record date for the bonus preference shares, repaid in cash on 1 September 2026. They did not add any shares.

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

Holding other old certificates too? See what happened to Shriram Transport Finance shares, Eicher Motors shares, Mahindra & Mahindra shares, Bosch shares, Titan shares and Bajaj Finance shares.

Not sure how many TVS Motor 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 TVS Motor ever issued bonus shares?
Yes, once: a 1:1 bonus with record date 9 September 2010. TVS Motor also split each ₹10 share into ten ₹1 shares in December 2003. The 2025 ‘4:1 bonus’ was bonus preference shares, not equity shares, and did not change the share count.

Was the 2025 TVS Motor 4:1 bonus a bonus share issue?
No. For every share held on 25 August 2025, TVS Motor issued 4 bonus preference shares of ₹10 each, paying 6% a year. They were repaid in cash on 1 September 2026, ₹42.40 for every equity share held. The number of TVS Motor equity shares did not change.

How many TVS Motor shares do 100 old shares become today?
100 ₹10 shares on a certificate from before December 2003 are 2,000 shares today, about ₹81.82 lakh at the 29 September 2026 price of ₹4,091.10. 100 ₹1 shares from December 2003 to September 2010 are 200. 100 Lakshmi Auto Components shares from before April 2004 are 284.

Is a TVS Suzuki share certificate still valid?
Yes. TVS Suzuki Ltd was renamed TVS Motor Company Limited in November 2001. A ₹10 TVS Suzuki certificate from 2000 to 2003 counts like any other ₹10 TVS certificate: 20 shares today for each share printed. A certificate from before the 1999 merger with Sundaram Auto Engineers should be checked with the registrar, Integrated Registry Management Services, which confirms how many shares the folio received in the merger.

Who is the registrar (RTA) for TVS Motor?
Integrated Registry Management Services Private Limited, in Chennai. It handles demat requests, KYC updates, unclaimed dividends, duplicate certificates, transmission and IEPF entitlement letters for TVS Motor Company.

When are TVS Motor shares transferred to the IEPF?
Every year, when a dividend passes seven years unclaimed, TVS Motor moves the shares of every folio that has not cashed a dividend for seven years in a row. Folios that had not cashed a dividend since 2018–19 were asked to claim by 30 September 2026, and those shares are now moving to the IEPF. After that they can be recovered only with Form IEPF-5.

How do I claim TVS Motor 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 TVS Motor’s nodal officer or the registrar. The company verifies the claim and reports to the IEPF Authority, which credits the shares to your demat account.

Is TVS Motor preference-share money still owed to me?
It may be, if your folio had no bank account or current address on record. The bonus preference shares were repaid on 1 September 2026 at ₹42.40 for every equity share held on 25 August 2025. For a holding that began as 100 ₹10 shares, that is ₹84,800. Unpaid amounts can be claimed from the registrar once the folio’s KYC is complete.

We found several TVS certificates. How do we count them?
If you have the ₹1 certificates from the 2003 split and the 2010 bonus, add up the shares printed on those and ignore the old ₹10 certificate they replaced. If only the original ₹10 certificate survives, multiply it by 20. Never apply the multiplier to every certificate: that counts the same shares several times.

I have lost my TVS Motor share certificate. What do I do?
If the shares are still with TVS Motor, open a demat account, then apply to Integrated Registry Management Services for duplicate shares with Form ISR-4. Up to ₹10 lakh, about 244 TVS Motor 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 13 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 TVS Motor 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 TVS Motor is only about 244 shares, or 12 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.

Are Sundaram-Clayton or TVS Holdings shares the same as TVS Motor shares?
No. Sundaram-Clayton was TVS Motor’s parent company. In 2023 it split into a new, separately listed Sundaram-Clayton and TVS Holdings. Both are separate companies with their own shares, registrar and IEPF list. A Sundaram-Clayton certificate does not lead to TVS Motor shares.

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