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
- 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hands — TSR Consultants became Link Intime, which became MUFG Intime — so an address on old correspondence is often out of date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
- 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 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.
