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Samraat Jadhav |2386 Answers |Ask -Follow

Stock Market Expert - Answered on May 26, 2025

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more

Asked by Anonymous - May 25, 2025

Money

Can anyone share their experience on converting old Jindal Vijaynagar Steel shares from back in 1995 and how many JSW shares they were able to get? What procedure did they follow and whom they contacted? Thanks Regards

Ans: https://www.kfintech.com/contact-us/

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Asked by Anonymous - Feb 05, 2025Hindi

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I have 200 shares of Jindal Vijaynagar Steel Limited which I bought in 1995... How can I get it converted... What will I have to do... I have a document of one share of 1995...

Ans: Hello;

You need to contact the investor assistance cell of JSW Steel.

Also you will need a demat account to get the shares in demat form.

Follow the instructions as provided by JSW Steel investor cell.

JSW is the new name of Jindal Vijaynagar Steel.

Best wishes;

Samraat Jadhav |2386 Answers |Ask -Follow

Stock Market Expert - Answered on May 05, 2025

Asked by Anonymous - May 05, 2025

Money

Hi Samraat, it seems the information of 1 share of Jindal Vijaynagar Steel ltd being converted to 16 shares of JSW (by 1:16 conversion ratio) is not correct. Infact 100 Shares of JVSL were converted to 4 shares of JSW.

Ans: Data is not availabe and very old, the RTA - KFintech are the right people to get you the answer.
https://www.kfintech.com/contact-us/

Samraat Jadhav |2386 Answers |Ask -Follow

Stock Market Expert - Answered on May 27, 2025

Question by S - May 26, 2025

Money

Sir, regarding Jindal Vijayanagar Steel (Shares issued in 1995) to JSW conversion, I see multiple responses. At some place it is mentioned the conversion rate is 1:16 means for every JVSL share, 16 JSW share will be issued and then further split of 1:10 another shares will be issued. And at some place it shows different number. I have contacted KFintech several times but haven't received any response back yet. I will appreciate if you please share more information on this. Thanks

Ans: Kfintech are the right people to share information on this data is old and very little/no information is available in public domain.

Samraat Jadhav |2386 Answers |Ask -Follow

Stock Market Expert - Answered on Jun 13, 2025

Question by Nirav - Jun 13, 2025

Money

The answer given for conversion of 500 partly paid shares of Jindal Vijaynagar Steel to Jsw Steel by your sebi registered research analyst is totally wrong For partly paid shares the company has not given any shares as they were forfeited and cancelled before the merger with JSW Steel The merger ration of fully paid Jindal Vijanagar Steel with Jsw Steel was for every 500 shares of Jindal Vijaynagar 22 shares of Rs 10 face value JSW Steel were given and not 8000 shares and after Split of face 10 to Face value Rs 1 they became 220 and not 80000 so please rectify your answer

Ans: please convey the source of this calculation as there is no/little information available. only Kfintech who is the registrar can give the right information.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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