Old HDFC Bank Shares: What They Are Worth and How to Recover Them

Corporate actions that changed the holding

1. 2019Share split, 2:1Each ₹2 share split into two ₹1 shares. Record date 20 September 2019.
2. 2023Merger of HDFC Ltd into HDFC Bank42 HDFC Bank shares of ₹1 for every 25 HDFC Ltd shares of ₹2. Effective 1 July 2023; record date 13 July 2023.

Worked example. At the merger ratio, 100 HDFC Ltd shares became 168 HDFC Bank shares, and 50 became 84.

Earlier corporate actions of either company aren't listed here because we haven't verified them. The registrar can confirm the holding on a folio.

Who to write to

Registrars change. Confirm the current one on the company’s investor page before posting anything, and see how to find a company’s registrar.

How the shares are recovered

• The shares are in your name and you have the certificates

  Update KYC on the folio if needed, then dematerialise them so they can be sold.

• The shareholder has died

  The nominee, surviving joint holder or legal heirs claim through transmission.

• You bought the shares on paper before April 2019

  SEBI's special window, open until 4 February 2027, lets you complete the transfer.

• The certificates are lost or damaged

  The registered holder or heirs apply for duplicates, credited to demat.

• The shares or dividends were transferred to IEPF

  Claim them back from the IEPF Authority with Form IEPF-5.

• The certificate is in an old or merged company name

  The holding may now sit with a renamed or successor company.

Questions we are asked about HDFC Bank shares

Sources

• HDFC Bank, registrars and transfer agents
• HDFC Bank, press release on the merger
• IEPF Authority