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Saraswati to Laxmi!

 Image Courtesy: http://www.thehindu.com/

Now that MBA is over and I am considered an ounce wiser, being back home means work. There are so many pending things that are just waiting in the attic to be dusted and made to work again. One of them is the mammoth task of physical share transfer and dematerialization. Though stated in one pretty sentence, it takes months of effort and work. And of course, money! 

My brother has been painfully going about the motions of this work for a couple of months now and nothing much yet seems to have resulted out of it. We struck a good deal with a certain Saraswati something shares. I asked, "How much would this one fetch us?". He replied, "Enough to recover the money you spent on your MBA degree". I exclaimed, "Really! Waoh! Even after they have been dormant for like 15 years??!". He quipped, in exasperation, "Weren't they supposed to teach you all this in B-School?" I did shut up and let him do this painful work. Infact, I have joined him in finding out the right Depository and all the activities that we will need to do to get them transferred and dematerialized. That includes a trip to Delhi Stock Exchange and also to Gol Dak Khana at Connaught Place in the ever increasing Delhi heat. Well, so much to derive Laxmi from Saraswati!

Comments

  1. Interesting man! Sometimes some of the stocks we invested in long time and we tend to forget about them. My dad had bought RIL stocks for 300 bucks a piece. We finally sold them off when they were at around 3000.

    That financed my education! Who says we cant live our dreams! Thanks to Dalal street!

    Btw, what exactly is Gol Dak Khana? I remember a restaurant Gola in CP.

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