BULK DEAL ..single individual buying from multliple trading accounts of different brokers ....


#1

if a single client code buys 0.5 percent of shares of a company it is a bulk deal…

But my question is what if the single individual buys shares in parts (rather than a single transaction), by using diferent trading acounts from different brokerage houses ??

Will it still be a bulk deal still (since a single individual is buying)??


#2

@Ray_Correa the purchase through a broker is always PAN no based so the purchaser might have purchased from many brokers but his total purchase quantity will reflect in one pan no.