Non tradeable Shares

This query is : Open

RAJEEV KUMAR MEHTA (Querist)
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09 December 2023
Sir,

I have some shares in Demat account which are no longer traded on stock exchange!

How can I remove such shares from my demat account?

Kindly advise.

Thanks & Regards

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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15 January 2024 If the company has been delisted for over a year, the shareholder can approach the company and enter into a private negotiation to sell the shares back to the promoters. This will be an off-market transaction and the price will be determined between the buyer and seller,"

RAJEEV KUMAR MEHTA

RAJEEV KUMAR MEHTA (Querist)
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15 January 2024 Thank You! However the company in this case possibly does not exist. Just need to remove the share to close delay account.