Comment on Consequences of Short delivery - NSE/BSE

Nithin Kamath commented on 19 Dec 2013, 09:45 PM

Anoop, Nothing much Geojit can do in this case,
The only thing you can try is to call your friends or family who might be holding Welcorp share in their demat and ask them to transfer it to your demat by tomorrow. You can then deliver these shares on T+2. This way you will avoid auction. You can buy these shares from the market, and give it back to the person who transfers this shares to you.

It is a risk that runs, whenever you short the non F&O stocks.

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