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How to Recover Old Physical Shares

What to do if you or your family have old paper share certificates: verify, update KYC, dematerialise and resolve issues.

Step 1: Verify what you have

Check the company name, folio, certificate numbers and the holder names. Confirm the company still exists under that name; mergers and renames are common.

Step 2: Find the current RTA

The RTA maintains the register of members. Its details are on the company's investor-relations page and exchange filings. See our guide on identifying the RTA.

Step 3: Make records current

If your name, address, signature or bank details have changed, update KYC with the RTA using its current forms.

Step 4: Dematerialise

Open or use a demat account and request dematerialisation through your DP. Physical shares of listed companies generally cannot be sold until dematerialised.

If certificates are lost

You can request duplicate securities. Under SEBI's circular of 30 January 2026, the RTA arranges direct credit to your demat account for such requests. See our lost-certificate guide.

If the holder has died

Transmission is required first. See our guide on claiming shares after death.

Frequently asked questions

Can old shares have lost all value?
Possibly, if the company was delisted, wound up or the shares were cancelled. Establishing the status is the first step.

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Last updated 18 Oct 2026. This page is general information, not legal or financial advice.

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