Assume I have two demat accounts in ICICI and Zerodha. I have worth of 1.8 Lakhs (200 shares) in each of them. Am I eligible for retail quota of 15% on both accounts if I am tendering shares in both accounts? Or I will not be eligible for retail quota at all as the total holding crosses 2 Lakh? TIA
The 2 lakh limit for retail investors is applicable per PAN, the number of demat accounts you hold doesn’t matter.