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HomeNewsPoliticsChandigarh man finds 37-year-old Reliance shares worth Rs 11 Lakh, internet reacts

Chandigarh man finds 37-year-old Reliance shares worth Rs 11 Lakh, internet reacts

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Rattan Dillon, a car enthusiast from Chandigarh, discovered old Reliance Industries shares from 1988 while cleaning his home, leaving social media amused. The documents revealed that the original shareholder, who has since passed away, had bought 30 equity shares for ₹10 each. Unfamiliar with the stock market, the person who discovered them posted it on social media for advice.

Many followers shared their thoughts on the stock’s current value. One user calculated that after three stock splits and two bonus issues, the original holding had grown to 960 shares, now worth around ₹11-12 lakh. This revelation led to a flood of humorous reactions online.

Reacting to the photos, a user named Tiger Ramesh estimated the value of the shares. He wrote, “Rough approximate calculations: Total initial shares = 30. After 3 splits and 2 bonuses, it should be 960 shares today. Today’s value is approximately ₹11.88 lakh.”

Another user reacted humorously, writing, “Oh bhai, lottery lag gayi apki! Isko remat form se demat karva lo. Need help to just DM me.” Someone else joked, “Rattan bhai, aur acche se ghar chaan maro, kya pata MRF ke bhi nikal aayein kuch shares.”

Rattan’s comment section is now filled with both helpful and funny responses. One user shared a useful tip, saying, “Yeah! You have to email them with the attached proof. They have a process to credit these to your Demat. You’ll need to take these to their office for verification, and then they will credit the shares digitally, including all splits and bonuses.”

You might also be interested in- India charges 150% tariff on alcohol and 100% on agricultural products: White House



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