TT settlement
This query is : Resolved
05 December 2007
I had purchased 2000 shares of Remimetals Gujarat on 28-11-2007 Wednesday through icicidirect.com.These shares were under TT settlement. I tried to sell it on the same day but they said that i cannot sell as i dont have enough shares in my demat account. Is it because of monthly settlement on the next day or is there a group of shares which cannot be sold on the same day? If there is any such group can u suggest a site from where i can get the information? Exactly what is TT settlement in brief?
CA. GOPAL SONIKA
(Expert)
03 March 2008
It is not that if shares are purchased u cannot sell them on same day. For this u should have enquired from ICICI Bank with details
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