What is the procedure to sell the shares in a company which is public ltd (Unlisted)?
Procedure to sell the share in unlisted public ltd co
Somaas Kandan (CA Final) (385 Points)
09 December 2010
Somaas Kandan (CA Final) (385 Points)
09 December 2010What is the procedure to sell the shares in a company which is public ltd (Unlisted)?
Bijoy N.Momaya
(www.RupeeResearch.com (Eqty Advisory & Stock Broker))
(477 Points)
Replied 12 December 2010
You cannot sell the shares in open market on exchane boards. You may make off market transfers if u find a buyer for ur holdings. Moreover, u may also contact the company to redeem ur investments at face value. They may or may not agree to ur requests.
Thank U
Ramalingam K
(Founder & Director - Holistic Investment Planners (P) Limited)
(21077 Points)
Replied 13 May 2014
I got an opportunity to watch a video of world chess champion Mr. Vishwanathan Anand playing a game against Boris Gelfand, the Israli chess champion. A particular aspect I noticed in both these champions is the amount of patience they apply with each move. Both of them didn’t rush to make a move upon their turn. More than talent, I feel the amount of patience they apply is the key for success here. Does the same theory apply in stock market investments as well.
https://www.holisticinvestment.in/stock-market-investing
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
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