An unknown name tucked inside the retail shareholder list. A ₹12 share that now trades above ₹10,600. And a staggering 66,500 percent stock rally that has turned Rajendra Kamalakant Chodankar into one of India’s newest billionaires, all without him being listed as a promoter.

On October 30, RRP Semiconductor touched ₹10,673 on the BSE, gaining 2 percent intraday and pushing the company’s market cap past ₹14,541 crore. Chodankar, who owns 74.5 percent of the company or just over one crore shares, now holds paper wealth exceeding ₹9,000 crore. Advertisement

Despite holding a controlling stake, Chodankar is listed only as a retail investor. This detail has baffled market watchers and fed the narrative around one of the most extraordinary rallies Dalal Street has seen in years.

Adding to t

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