Hi all,
We’re stuck with a very old share issue and need guidance.
My dad bought Essar Oil shares in 1995 and we still have the physical certificates with us. Details:
Shares: 100
Date: 21/04/1995
Later Essar Oil became Nayara Energy and the company was delisted. We never received any letters about exit offer, payout, or conversion to Nayara shares. No cheques, no emails, nothing.
Now we want to know:
1. Are these shares still valid under Nayara Energy?
2. Was any delisting payout already done in our folio?
3. How to dematerialise these physical shares today?
4. Should we contact Nayara directly, Link Intime/MUFG, or KFin?
If anyone has gone through this exact Essar → Nayara process, please share:
Step-by-step procedure
Which forms are needed
Typical timeline
Any real experience dealing with their RTA
Feeling totally lost with this 1990s paperwork 😅. Any help would be appreciated.