I got Britannia NCD but why it’s not showing in holdings? How can I sale them. Seems they are in console but there also it’s qty is showing as zero
Not completely sure about this but it might have to do with the bonus Britannia NCD’s ISIN (INE216A08027) awaiting approval for trading. I have read something similar happens for bonus shares (aka CDSL credits them to Demat but trading isn’t allowed immediately). Likely once the exchanges issue a circular announcing the listing of this NCD, they will start trading.
NAME OF THE RTA PROVIDING ELECTRONIC CONNECTIVITY
|FACE VALUE (₹)||ACTIVATED ON|
|INE216A08027||BRITANNIA INDUSTRIES LTD#5.50% USEC NGRT TAX NCUM RTD RED NCD BI-RD 03-06-2024||KFIN TECHNOLOGIES PRIVATE LIMITED||Debentures||29/-||3-Jun-21|
Thanks, but NCDs keep coming in market for trading since long. Any idea what’s the criteria of exchanges for listing them for trade in term of days (ex date was 25th May).
Maybe @Siva might know why this happens
|ISIN||Security Description||Issue Size (Rs in Cr)||Issue Price||Issue/ Allotment Date||Interest Payment Frequency||First Interest Payment Date||Maturity Date||Put Option Description||Call Option Description||Credit Rating Agency||Credit Rating||Date of Rating|
|INE216A08027||BRITANNIA INDUSTRIES LIMITED 5.5 NCD 03JU24 FVRS29||699||29||03/06/21||Once a Year||03/06/22||03/06/24||CRISIL Limited