# Stocks where Equity is written off to Zero and Shares gets de-listed ⚠

**URL:** https://tradingqna.com/t/stocks-where-equity-is-written-off-to-zero-and-shares-gets-de-listed/128632
**Category:** Announcements
**Created:** [March 20, 2022, 3:50pm UTC](https://tradingqna.com/t/stocks-where-equity-is-written-off-to-zero-and-shares-gets-de-listed/128632 "2022-03-20T15:50:34Z")
**Posts on this page:** 4
**Page:** 1

<div class="post-metadata">

### Author: ![Meher\_Smaran](https://tradingqna.com/user_avatar/tradingqna.com/meher_smaran/32/45882_2.png) [@Meher\_Smaran](https://tradingqna.com/u/Meher_Smaran)
#### Post date: [March 20, 2022, 3:50pm UTC](https://tradingqna.com/t/stocks-where-equity-is-written-off-to-zero-and-shares-gets-de-listed/128632/1 "2022-03-20T15:50:34Z")

</div>

Starting this thread to share details about stocks which are in Corporate Insolvency Resolution Process (CIRP) and after the completion of resolution, Equity of the stock is written off to Zero and the shares get de-listed.

---

<div class="post-metadata">

### Author: ![Meher\_Smaran](https://tradingqna.com/user_avatar/tradingqna.com/meher_smaran/32/45882_2.png) [@Meher\_Smaran](https://tradingqna.com/u/Meher_Smaran)
#### Post date: [March 20, 2022, 3:50pm UTC](https://tradingqna.com/t/stocks-where-equity-is-written-off-to-zero-and-shares-gets-de-listed/128632/2 "2022-03-20T15:50:41Z")

</div>

# 1. Sintex Industries Ltd.

### Stock will soon get delisted and its equity is going to be written off to Zero

### Official announcement :

[https://www.bseindia.com/xml-data/corpfiling/AttachLive/d8681e10-8aac-4cfe-ab17-4b40079dca41.pdf](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d8681e10-8aac-4cfe-ab17-4b40079dca41.pdf)

---

<div class="post-metadata">

### Author: ![RanjanZ](https://tradingqna.com/letter_avatar_proxy/v4/letter/r/bbe5ce/32.png) [@RanjanZ](https://tradingqna.com/u/RanjanZ)
#### Post date: [July 18, 2022, 5:34pm UTC](https://tradingqna.com/t/stocks-where-equity-is-written-off-to-zero-and-shares-gets-de-listed/128632/3 "2022-07-18T17:34:20Z")

</div>

Zerodha is even not listing the sintex 2k shares I had in my account when it was written off! How can I show that as loss in ITR?

---

<div class="post-metadata">

### Author: ![TheGouda](https://tradingqna.com/user_avatar/tradingqna.com/thegouda/32/44165_2.png) [@TheGouda](https://tradingqna.com/u/TheGouda)
#### Post date: [July 19, 2022, 7:26am UTC](https://tradingqna.com/t/stocks-where-equity-is-written-off-to-zero-and-shares-gets-de-listed/128632/4 "2022-07-19T07:26:14Z")

</div>

Shares of Sintex Industries are still in the investor’s demat account. Once the shares are extinguished, investors can write them off. We adjust P&L reports in Console after debiting shares.