I brought kingfisher airlines stock few years back and I didn’t notice the stock was suspended last year because of defaults. I have only 10 shares in hand and status is on HOLD. I couldn’t sell it from my Demat account and I want to pay annual service charge (~900) for just 10 rupees stocks. I moved to Zerodha and using it for all investments. I want to close my old Demat account (hdfcsec) . can you please tell me what to do?
In HDFCSec, we have two option in DIB Requer form online. 1 Account transfer delivery 2.Inter-depository delivery inputs. these inputs are only accepting either 0 or 5.
I don’t know what it means…But I have entered 5 for both entry in DIB request page and request confirmed
Depends. If both the depositories are same then use form 12 else you need to use form 15. Zerodha is CDSL by default. HDFC you can choose so depending on what you have chosen you need the appropriate one. In most cases, form 12 will work.
Q1. Is client id entry is login id of kite? Is that only required?
Q1.1 How do Zerodha transfer share using just a client id?
Q2: Target details, they mentioned [Depository id: INXXXXXXX], no idea about
you can choose for closer and transfer option. Here what you need, is take the CMR copy from Zerodha and give the same to your HDFC broker. They shall close your HDFC account and transfer all your shares from that DP to the Zerodha DP.