Delisted Company stocks How to remove not transfer ?
I have an ICICI Direct account started from 2006 . Now Days I can see few of the share delisted from stock exchange like Essar steel . I am not able to remove delisted stocks . Is there any mechanism other than transfer , to remove or delete these Zero value stocks ?
Any else facing same Issue ? - please let me know what You have done .
I think only viable option is to transfer out those shares. Nothing else can be done.
Mint had an article some time back on this.
Steps to take if you hold delisted shares in demat | Mint (livemint.com)