Rattan Dillon, a automotive enthusiast from Chandigarh, found physical certificates of RIL participation during the spring cleansing session. The documents revealed that the original shareholder – now the dead – acquired 30 shares after 10 rs. Quickly with stock market procedures, Dillon turned to social media to acquire guidance.
We found them at home, but I do not know about the stock exchange. Can anyone with specialist knowledge lead us or will we still have these actions? 😅pic.twitter.com/ko8ekpbjd3
– rattan dhillon (@shivrattandhil1) March 11, 2025
From 30 to 960 Ril shares: The power to divide the motion and the Bonuses user named Tiger Ramesh performed mathematics, explaining that attributable to many corporate activities – three divisions of motion and two bonus problems – the original 30 actions multiplied in 960 actions. At current market prices, this translated into the estimated value of RS 12 Lakh.
“Rough approximate calculations: total initial actions = 30. After 3 divisions and 2 bonuses it should be 960 actions. Today’s value around 11.88 rs ” – wrote Ramesh.
Road to the demat
Social media users quickly gave advice on the next steps. One of the commentators outlined the strategy of converting physical actions right into a digital format, often known as dematerialization (demat): “You must send them with E -Mail with the proof attached, and they have their process to attribute their demat. You must take them to your office for verification, and then they will divide these actions digitally to their demat, generally after division, etc. “
Then Dillon asked if the trial would still be possible because the actions were on behalf of the deceased person. The user assured him: “Yes, he will ask you to provide all documents, evidence and it will be fine.”
Brokerage firms are joining the conversation
Even the leading brokerage company Zerodha hit, responding to Post Dillon: “Hi Rattan, we sent you DM.”
The discovery also led to a humorous exchange. One user jokingly suggested: “Rattan Bhai, Aur Account se ghar chaan maro, kya Pata Mrf Ke Bhi Nikal Aayein Kuch Actions …” Another high -performance supply if he continues to go looking the house.
Reliance provides performance
Reliance Industries shares are currently industrial at BSE in the amount of 1 250.80 RS, which is a rise of 0.3%. While the shares have gained 1.04% over the past month, they’ve fallen by 14.89% over the past yr. As the second largest supply in comparative indexes, Reliance remains to be a key player on the market despite recent variability.
The unexpected discovery of Dillon emphasizes the potential hidden value in old storage certificates – supporting the reminder that a dusty drawer can simply have a small fortune.
Also read Reliance Industries Shares, when Jio works with Starlink Elona Muska
(Reservation: Recommendations, suggestions, views and opinions given by experts are their very own. They don’t represent the views of economic times)
