If you or your parents invested in Grasim Industries Limited years ago, those forgotten shares could now be worth lakhs of rupees. Bonuses and stock splits have multiplied their value over time. Even a modest holding from decades past might surprise you.
Consider this: 100 shares held in 1988 (before that year's bonus) grew significantly. After the bonus (3:4 ratio) and 2016 stock split (1:5), an effective holding of around 35 shares at today's price of ~₹2,800 (as of Oct 2025) equals ₹98,000. Your actual value could be much higher!
Grasim's Bonus & Split History (Simplified Example)
Starting with 100 shares pre-1988:
Oct 1988 Bonus (3:4 ratio): For every 4 shares, get 3 extra. 100 shares became 175 shares.
Oct 2016 Stock Split (1:5): Each ₹10 share split into 5 shares of ₹2 each. 175 became 875 shares.
Note: Exact holdings depend on your purchase date and all corporate actions. This illustrates the growth potential.
5 Simple Steps to Claim Your Old Grasim Shares
Follow these based on your situation:
1. Physical certificate in your name Deposit it directly with your Depository Participant (DP) for demat. Shares will appear in your demat account.
2. Certificate in deceased parents' name Apply for transmission to the company/Registrar. Receive a Letter of Entitlement, then demat via your DP.
3. Lost physical certificate Request duplicates from the company. Get a Letter of Confirmation and demat it with your DP.
4. Inoperative demat account Submit KYC (PAN, Aadhaar, etc.) to your DP to reactivate.
5. Shares in IEPF Authority File IEPF Form-5 online via IEPF portal. Submit physical copy with documents to Grasim Industries.
Key Contacts for Quick Resolution
Nodal Officer (IEPF): Mr. Neelabja Chakrabarty Grasim Industries Limited Aditya Birla Centre, ‘A’ Wing, 2nd Floor, S. K. Ahire Marg, Worli, Mumbai – 400 030 Email: grasim.iepf@adityabirla.com Tel: +91-22-2499 5000 / +91-22-6652 5000