ICICI Bank shares are quite impressive if you’re thinking of getting profits.
In 2025, the ICICI Bank share price comes at the lowest price of Rs. 1335 and at a last price of Rs. 1480. However, the good news is you can get Rs. 2035 at the lowest price and Rs. 2225 at the lowest price in the year 2030.
Well, all of this goodness can get to you if you own the share certificates and you have them safely contained with you.
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What if you lost these share certificates by accident?
What if they are destroyed due to a mishap?
In situations like this, it is important to issue a duplicate share certificate for the ICICI Bank shares.
This post can give you some relevant information on this topic.
Moreover, you can get professional aid from us regarding the generation of duplicate share certificates from a highly efficient team of investment recovery consultants. Known as Infiny Solutions, we are a pioneer in the industry to help people declutter their share and investment responsibilities.
What is a Share Certificate from ICICI Bank?
If you own share certificates from ICICI Bank, then they serve as a vital document of your share ownership. They serve as financial documents as well as paperwork that helps in the extension of the documentation of your personal profile.
When you own physical shares from a company, in this case, ICICI Bank, you are given a share certificate where the details of the shares you own and your personal information are contained.
The ICICI Bank share certificate contains something called the Company Identification Number or the CIN, folio number, number of shares, the amount of shares you own, your name, and the Bank’s address.
As you can understand, losing a share certificate can put a lot of information at risk.
Losing a share certificate isn’t anything impossible. However, you can recover your lost share certificate by issuing a duplicate share certificate that covers the details of your original share information and gives you back the ownership.
Why Might You Need a Duplicate Share Certificate?
The duplicate share certificate is a necessity. You can’t ignore its need unless you want to be exposed to serious financial loss or risks like manipulation. Issuing it is a must and here are the reasons why –
Did you know that restoring your share certificate ownership by means of a duplicate share certification is a legal need you cannot avoid?
Just like you report the theft or the loss of a vital document from your academic or professional paperwork, making an FIR for the loss of a share certificate, and recovering it falls under an unavoidable legal responsibility of the shareholder. This factor is defined and dictated in the Companies Act.
Then comes the part of ownership of the shares, which you must not compromise at any cost. If you lose your share certificate to anyone and you have it compromised, then you risk the documents being manipulated. Yours and the bank’s reputation can be affected to a significant level.
Step-by-Step Guide to Obtaining a Duplicate Share Certificate of Your ICICI Bank Shares
Obtaining a duplicate share certificate involves many steps you need to maintain with precision.
However, it’s not a daunting task but a lengthy one. The points can tell you about this process part by part –
Prepare Legal Documentation
The indemnity bond and an affidavit are two vital documents in the legal spheres mandatory for obtaining the duplicate share certificate following the correct rules. The affidavit must be made on a non-judicial stamp paper of the requisite value. You want to attest both these documents by either the Notary Public or Special Executive Magistrate.
Next comes the surety bond, which might present significant challenges if the details of the surety do not match. The surety bond carries the full name, address, and signature of the surety.
Lodge an FIR and Publish a Newspaper Report
You must reach the nearby Police Station to lodge an FIR against your lost share certificate involving your ICICI Bank shares. Arrange information on the company’s folio number, number of share certificates lost, the value of the lost share certificates, distinctive numbers, and unit name to lodge the FIR.
Note that you have to go to the Gazetted officer or the Notary officer to attest these documents.
Choose a local but popular newspaper to place your advertisement sharing information about the loss of the physical share certificates and the statement of those certificates lost, destroyed, or stolen.
Submitting the Documents to the Company through an Application
Note that you want these documents to be attached to the application you make to ICICI Bank for issuing the duplicate share certificate.
Prepare a written application formally sharing the details of the share certificates and how you lost them or how they were destroyed/ /stolen. Next, attach all documents to the application and submit it to the company.
Documents Required
As mentioned earlier, you are looking at not too many but a considerable number of documents to report your lost share certificate and obtain a duplicate share certificate.
You will need two kinds of bonds, which are the indemnity bond and the surety bond, which serve as primary documents to apply for a duplicate share certificate.
The FIR paperwork and the reference to the newspaper advertisement denote you have done your part in safeguarding your share certificates of ICICI Bank per the Companies Act and other legal norms.
The affidavit is legal paperwork attested by the right professional (mentioned before) that completes the total documentation required for the recovery of your lost physical share certificates in the form of a duplicate share certificate.
How long will this take?
Once you submit the application to the company officials, they verify the documents and freeze the share account where transactions are no longer going to take place.
The time period the company requires to freeze your share transactions is around 30 days at a minimum.
By this time, the company Board Directors are going to sit down with the submitted documents, verify them, and issue a duplicate share certificate to you with the word ‘duplicate’ on the newly issued certificates.
Congratulations! You have just obtained your duplicate share certificate.
SEBI Guidelines
Standing out as the Securities and Exchange Board of India, SEBI is a government body that secures the commodity market. According to its guidelines, a shareholder/ investor issuing a duplicate share certificate of ICICI Bank must follow these rules –
- SEBI wants the submission of the FIR along with an e-FIR (an electronic version of the FIR)
- The shareholder/ investor must present the correct folio number, certificate numbers, and distinctive number ranges.
- As a legal document, you must submit the indemnity bond and the affidavit.
- SEBI mandates the issuing of the newspaper advertisement with the correct details of the lost share certificate
- For the issuing of duplicate securities, you do not need to submit the surety bond.
You may want to visit the official SEBI portal to find out in-depth guidelines for shareholders and investors in regard to the regulations for issuing a duplicate share certificate.
Or let us simplify this information for you.
To Conclude: We Make Issuance of Duplicate Share Certificates Made Easy
Known as Infiny Solutions, we are a team of experts offering you quality and failproof share recovery consultancy services comprehensively.
The part of the verification of documents may present too many complications to issue a duplicate of the lost share certificate.
These complexities may drain time and increase your stress.
Our advisors look at your lost share certificate status of ICICI Bank with a professional viewpoint to suggest the shortest route to recover the certificates.
Not only do we suggest these ways, but we also conduct the processes following sound legal routes, of course, with your permission.
With us, issuing your duplicate share certificate is clutter-free and safe because we manage everything from scratch to offer you the peace of mind you badly need in these situations.
Trust us with the formalities of lost share certificate recovery and we promise we’ll issue your duplicate share certificate before you start worrying about it.
RECOVER YOUR LOST WEALTH
Helping you liquidate your lost shares, unclaimed investments and dividends
UNLOCK YOUR WEALTH
Fill out the form below to contact us