Old Tata Steel Shares: What They Are Worth and How to Recover Them
Certificates may carry the name: The Tata Iron and Steel Company Limited (TISCO)
Reviewed 16 September 2026
In short
Certificates issued by The Tata Iron and Steel Company Limited (TISCO) are Tata Steel shares: the company changed its name on 12 August 2005. In 2022 Tata Steel sub-divided each ₹10 share into ten ₹1 shares, so an old holding now carries ten times as many shares. Tata Steel's registrar is MUFG Intime, formerly Link Intime, which absorbed TSR Consultants, Tata's earlier registrar.
Corporate actions that changed the holding
- 2005Name changeThe Tata Iron and Steel Company Limited became Tata Steel Limited on 12 August 2005.
- 2022Sub-division, 1:10Each ₹10 share split into ten ₹1 shares. Record date 29 July 2022.
Worked example. Taking only the 2022 split: 100 TISCO shares held before July 2022 are now 1,000 Tata Steel shares.
Tata Steel's earlier bonus and rights history isn't listed here because we haven't verified it. MUFG Intime can confirm what a folio holds today.
Who to write to
MUFG Intime India Private Limited
- Address
- C-101, Embassy 247, LBS Marg, Vikhroli (West), Mumbai 400083
- investor.helpdesk@in.mpms.mufg.com
- Website
- in.mpms.mufg.com
Formerly Link Intime India. TSR Consultants merged into Link Intime with effect from 22 December 2023, and Link Intime was renamed MUFG Intime on 31 December 2024.
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 Tata Steel shares
Are TISCO share certificates still valid?
Yes. A name change doesn't change the shares, so TISCO certificates represent Tata Steel shares, unless they've since been transferred to IEPF or replaced.
My papers say TSR Darashaw or TSR Consultants. Who do I write to?
MUFG Intime. TSR Consultants merged into Link Intime in December 2023, and Link Intime is now called MUFG Intime.
Why does my holding show ten times as many shares?
Tata Steel sub-divided each ₹10 share into ten ₹1 shares, with a record date of 29 July 2022.
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.