Can one deliver the shares in the physical form where only demat deliveries are permitted?
Yes! The investors can sell and deliver the scrips in the physical form where only demat deliveries are permitted. The Exchange settles such transactions under the Exit Route Scheme announced for scrips in compulsory demat delivery for all investors. The transactions of this type, which are executed in “C” group at the Exchange system, are settled on Trade-to-Trade basis, i.e., without netting of buy and sell position in the same scrip. The investors can sell only upto 500 shares in physical form at one time in one single order. The market deliveries are not permitted and the shares delivered have to be in the name of the investor.
Related Questions
- Is it a fact that HUL shares are to be traded compulsorily in Demat Form? Do I have the option of holding them in physical form?
- Is it a fact that the shares are to be traded compulsorily in Demat Form? Do I have the option of holding them in physical form?
- Can one deliver shares in the physical form where only demat deliveries are permitted?
