Shares bought 43 years ago now worth Rs 1,448 crore. Kochi investor fights for claim

A small-time investor from Kochi is fighting with a company for ownership of his stake that is now worth Rs 1,448 crore. He had made the investment 43 years ago when the company was unlisted. Here is all you need to know.

A 74-year-old man from Kochi who invested in an unlisted company over four decades ago is fighting the battle of his life to claim his stake worth over Rs 1,400 crore.

Babu George Valavi and four close relatives should be worth at least Rs 1,448 crore, but they are stuck in a battle with the company after their share ownership was discredited, reported The New Indian Express.