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How to sell shares in my demat account?

17 April 2012

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

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3 Replies

RAMESH CHANDRA SHARMA (munka istentisztelet) (899 Points)
Replied 17 April 2012

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...

(Guest)

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...