Electrosteel shares- delisted in exchange


I want to sell electrosteel shares which is delisted from exchange few years ago. As now i can’t see it in kite app in holdings to place sell order.
Please advise… how sell the shares.

You can’t sell shares of stocks that are delisted. You will have to write if off as bad investment.

But company is still operating under vedanta!.

Read this

Thanks for the info.


After writing off ; if we get back that any amount money for any reason after 2~5 years ; what would be the tax implications ?

When you write off, you would be claiming it as an expense. However, if you recover the money in future, you need to report it as an income. It would be added to your total income for calculating the tax liability.

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