While looking an old file, I found Share certificate of Jindal Vijaynagar Steel Ltd. for one hundred shares (fully paid) dated April 15, 1995. I would like to know what it is worth now. I understand that after the merger JVSL is currently under JSW. Thanks

Ans: Hello;

You will have to approach investor assistance cell of JSW Steel to sort out this matter.

They will guide you on this issue.

Things you will need:
1. Demat account in own name
2. Father's death certificate
3. Original share certificates
4. Father's legal will or Succession certificate issued by Court

Best wishes;

Ans: Hello;

In 2005 during merger of JVS and JSW, conversion ratio was 1:16, i.e. 16 shares of JSW for every 1 share of JVS, therefore 200x16=3200 shares.

In 2017 JSW split its share in the ratio of 1:10 so no. of shares held: 10x3200= 32000 shares of JSW as on today.

Best wishes;

Ans: Assuming the 1:16 merger ratio applied to your partly paid-up shares (as it did for fully paid-up shares in most documented cases), and accounting for the 2017 stock split, your 500 partly paid-up JVSL shares would translate to 80,000 JSW Steel shares today.

Recommendation: The exact number depends on whether the unpaid amount (?8 per share) was settled or if partly paid-up shares were treated differently in the merger. Since records from 1995 are old, I strongly recommend contacting JSW Steel’s registrar, KFin Technologies Limited, to verify your holding and confirm the conversion:
• Contact: KFin Technologies Ltd., Selenium Building, Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana 500032.
• Toll-Free: 1800 309 4001

Ans: Your 600 partly paid-up shares of Jindal Vijaynagar Steel from 1995 likely went through multiple corporate actions, including mergers and stock splits. Based on historical records:
- Merger with JSW Steel (2005): The conversion ratio was 1:16, meaning for every 1 share of Jindal Vijaynagar Steel, you received 16 shares of JSW Steel.- 600 shares × 16 = 9,600 JSW Steel shares.

- Stock Split (2017): JSW Steel split its shares in a 1:10 ratio, meaning your holdings multiplied by 10.- 9,600 shares × 10 = 96,000 JSW Steel shares today.

However, the exact number depends on whether the unpaid amount (?8 per share) was settled or if partly paid-up shares were treated differently in the merger. To confirm your holdings, I strongly recommend contacting JSW Steel’s registrar, KFin Technologies Limited:
- Address: Selenium Building, Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana 500032.
- Toll-Free: 1800 309 4001.

Ans: Your 600 partly paid-up shares of Jindal Vijaynagar Steel from 1995 likely went through multiple corporate actions, including mergers and stock splits. Based on historical records:
- Merger with JSW Steel (2005): The conversion ratio was 1:16, meaning for every 1 share of Jindal Vijaynagar Steel, you received 16 shares of JSW Steel.- 600 shares × 16 = 9,600 JSW Steel shares.

- Stock Split (2017): JSW Steel split its shares in a 1:10 ratio, meaning your holdings multiplied by 10.- 9,600 shares × 10 = 96,000 JSW Steel shares today.

However, the exact number depends on whether the unpaid amount (?8 per share) was settled or if partly paid-up shares were treated differently in the merger. To confirm your holdings, I strongly recommend contacting JSW Steel’s registrar, KFin Technologies Limited:
- Address: Selenium Building, Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana 500032.
- Toll-Free: 1800 309 4001.