How is DIS utilized in the process of selling unlisted shares of Studds Accessories Limited?

Studds Accessories Limited FAQs No Comments

The Delivery Instruction Slip (DIS) method, also known as the Over The Counter Method, is an offline method for selling unlisted shares in India.

Studds Accessories Limited shares held by NSDL or CDSL can be easily transferred or sold using this method. It is similar to a bank account transaction, except that we trade shares instead of money in a demat account. In this method, a DIS (Delivery Instruction Slip) is submitted to the broker, which includes the ISIN number of the shares, the buyer’s demat account details such as DPID and Client ID, the name of the company, the number of shares to be transferred, and the consideration amount.

In the event that you do not have a DIS slip, the exact same thing might be obtained from the stockbroker with whom you have a demat account.

Please keep in mind that you must pay stamp duty before completing this DIS form and submitting it to the broker. Unlisted shares cannot be transferred without first paying stamp duty.

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