18+ Years
IEPF Form-5 claim filing & follow-through
Succession certificates, probate & letters of administration
Physical certificate dematerialisation
Transmission for legal heirs & nominees
NRI mandates handled remotely — no travel required
Contingency-based: fees only on successful recovery

Old Hero MotoCorp Shares: What They Are Worth and How to Recover Them

Certificates may carry the name: Hero Honda Motors Limited (renamed in 2011)

Reviewed 24 September 2026

In short

A certificate issued by Hero Honda Motors Limited is a Hero MotoCorp holding: the company was renamed on 29 July 2011, after Honda transferred its 26% stake to the Indian promoter group earlier that year. Press analysis of IEPF data places Hero MotoCorp among the five largest unclaimed dividend balances in India, reported at around ₹40 crore — so a forgotten Hero Honda folio is well worth checking.

Corporate actions that changed the holding

  1. 2011Name changeHero Honda Motors Limited became Hero MotoCorp Limited on 29 July 2011. A name change does not affect the shares themselves.

Hero MotoCorp’s bonus and split history is not listed here because we have not verified it against company records. The registrar can confirm what a folio holds today.

Who to write to

Check the company’s current registrar before you write

Where to look
The investor or shareholder section of the company’s website, and the general shareholder information section of its latest annual report
Why it matters
Registrars merge and change hands — TSR Consultants became Link Intime, which became MUFG Intime — so an address on old correspondence is often out of date

We have not verified this company’s current registrar against a company or registrar source, so we are not naming one here.

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

Questions we are asked about Hero MotoCorp shares

I have Hero Honda share certificates. Are they still valid?

Yes. Hero Honda Motors was renamed Hero MotoCorp in July 2011 and it is the same company, so the certificates still represent shares — unless they have since been transferred to the IEPF or replaced by duplicates.

Why does Hero MotoCorp have so much unclaimed dividend?

A very large retail shareholder base built up over decades, combined with folios whose addresses were never updated. Press analysis of IEPF data reports it among the top five companies by unclaimed dividend value.

The shareholder has died. What do we need?

Transmission. Within SEBI’s limits — ₹10 lakh per company for physical shares — an indemnity bond and an affidavit-cum-NOC from the other heirs is generally enough, with no court document and no probate.

Sources

Free valuation of old shares

Send us the company name and folio number from the certificate. We work out what the holding is worth today, after bonuses, splits and mergers.

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