How to sell shares in my demat account?

Hi,

I have shares in my demat account which were transferred by my dad to me. I do not own any online sharing trading account. Is there a way to sell these shares without opening sharing trading account?

Regards,

Praveen

Replies (3)

yes there is one way to sell your share without opening a  trading account. which is called "OFF MARKET TRANSFER"....if u find any buyer for ur shares than u can sell ur shares ......following are the steps

1. find the buyer 

2.  settle  the consideration

3. issue the DP  slip in the name of the buyer ...

and ur shares will get sold...

And if you do not find any buyer for your shares ... then you can open an Online trading A/C with Share Khan or Nirmal Bang Securities, as they do it for free... When your purpose is served, close it...

Thank you both

Regards,

Praveen

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