Comment on Consequences of Short delivery - NSE/BSE

Priyanshu Gupta commented on 08 May 2021, 09:48 AM

Sir, i have short sell the shares of angel broking on 06th may 2021 at 453 per share of 2001 quantity and due to upper circuit, i was unable to exit my position. And now again the stock hits upper circuit in next day and reaches Rs. 563/-
Sir can you please tell me, how much auction penalty has to be paid.
Sir i was not aware of this short delivery and auction process and now i am trapped in the greed and ending up loosing all my 4 years Savings. Sir kindly tell the approximate amount which i need to pay as an auction penalty. And what price will exchange is going to quote

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