Share Market: Occasionally, fortune presents itself unexpectedly, yet it requires discernment to recognize such opportunities. A similar incident occurred with Rattan Dhillon, who discovered an old document within his residence. Upon investigation, he realized it contained shares of Reliance Industries (RIL) that were issued 30 years ago. Initially perceived as mere paper, expert analysis revealed it to be a significant investment agreement, now valued in the millions.

Rattan Dhillon took to the social media platform ‘X’ to inquire whether he still possessed these shares. He recounted that his family had acquired 20 shares in 1987 and an additional 10 in 1992, totaling 30 shares. At that time, the share price was merely Rs 10 each. The pressing question was the current worth of these shares after three decades. Stock market analysts determined that the RIL shares had undergone three splits and two bonus issues, resulting in an increase from the original 30 shares to approximately 960. Based on the current share price of around Rs 1238, the total value has escalated to Rs 11.88 lakh. Thus, shares purchased for Rs 300 three decades ago have appreciated to Rs 11.88 lakh today. Following Rattan Dhillon’s announcement on social media, users began to respond with humorous remarks. One individual commented, “Brother, you had a great time.” Another suggested, “Now thoroughly search every corner of your house; you might discover MRF shares as well!”

If you possess any old physical shares, it is advisable to convert them to digital form without delay. This process requires submitting documents in the name of the shareholder and transferring the shares to a Demat Account, from which they can be easily sold.