Comment on Consequences of Short delivery - NSE/BSE

chintan commented on 17 Sep 2014, 09:52 PM

Hi I am chintan. I bought GSPL on 15th spet 2014.today my broker told that delivery has come short and will come tomorrow I.e a day later.I have following questions…
1. Gspl is going ex div tomorrow18th sept(BC is 20-9-14 to 25-9-14)..will I get dividend.???
2. Who can sell in auction market? Say today got short delivery….so exchange will buy from whom???can my broker sell my shares in that auction market without asking me as only members can participate.
3. Who usually be the sellers in auction market.???as the members usually work for their client so how can they sell in auction market without their clients consent????

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