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Who sells unlisted equity shares?

Existing shareholders of the unlisted company can sell unlisted equity shares. These can include Employees, Ex-employees, CEO, Promoters, Private Equity investors, and more.

What is the Difference between unlisted & delisted shares?

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.

Why Stock Brokers ask for power of attorney?

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.


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