A man in Gujarat got the surprise of his life when a normal cleaning day turned into a discovery worth crores. While clearing out his late grandfather’s house, he found old share certificates that turned out to be worth around ₹2.5 crore, according to an NDTV report. But the lucky find soon led to a family fight that has now reached the Gujarat High Court.
Gujarat man finds ₹2.5 Crore worth of old shares
The man had gone to his ancestral house in Una, in Gir Somnath district, which he had inherited after his grandfather Savji Patel’s death. As he was cleaning, he noticed a bunch of papers thrown in a dustbin.
At first, he didn’t think much of it, but still curious, he took a closer look and realised they were old share certificates. They were old paper share certificates that people used to keep before shares went digital. When he checked their market value, he was shocked to find they were worth nearly ₹2.5 crore.
For a family that had always lived a simple life and worked hard to make ends meet, this felt like a blessing, almost like digging up gold in their own home. But the happiness didn’t last. Soon after, both the man and his father started claiming ownership of the certificates.
The father said that as Savji Patel’s son, he was the rightful heir to everything his father owned, including the shares. The grandson, however, said that he found the documents in his house, which had been legally transferred to him by Savji Patel before his death.
The matter has now reached the Gujarat High Court, which is expected to hear the case on November 3. The judge will decide who the real owner is.
Who Was Savji Patel?
Savji Patel lived an average life. He worked as a waiter at a hotel in Diu and, before that, as a housekeeper in a bungalow owned by the same hotel’s owner. He stayed in a small house within the hotel premises.
His son also worked in Diu, while his grandson lived in Una. Before his death, Savji Patel had declared his grandson as the heir to the house in Una. Until recently, that was all the family thought he had left behind. But when the share certificates surfaced, the family members turned against each other.
The case now revolves around who is the rightful heir to the shares? Experts told NDTV that such disputes are common when old share certificates surface years later. These physical shares can’t just be encashed, they need to be verified, transferred, and converted into demat form before being claimed or sold. The High Court’s decision will decide who walks away with the fortune.