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Existing shareholders of the unlisted company can sell unlisted equity shares. These can include Employees, Ex-employees, CEO, Promoters, Private Equity investors, and more.
Unlisted shares shouldn’t be confused with Delisted shares. Both types of shares are completely different. While unlisted shares are those which are not listed on the stock exchanges yet, delisted shares are those which were once listed but dropped out from the listed shares category due to certain reasons. You can trade and invest in unlisted shares on OTC markets, but you cannot invest or trade any delisted shares. Delisted shares are not available on any platform whether it is formal stock exchanges or OTC.
Power of attorney is a document giving legal authority to your stockbroker to operate your account as per instructions contained in it. Every time you sell shares, we use the power of attorney to debit the shares from your demat account and provide it to the exchange.
The shares which are not listed on the formal stock exchanges (BSE/NSE) are referred to as unlisted shares/ stocks. For instance, JIO has unlisted shares, OLA has it as well. Unlisted shares are riskier than listed shares as their liquidity is limited since it is not listed. They are less transparent but with more stable valuations.
I Have recently availed a personal loan form Mr Finserv India and am fully satisfied with the service offered by the company. Based on my own experience, I will refer my colleagues to take up personal loan from Mr Finserv India.
we have associated with Mr Finserv India for past three years and our experience has been great since then. the company is very prompt at its service for e.g. we apply for home loan. we got the loan amount in just one week.