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Should I invest in Essar Oil shares?

Samraat Jadhav |2346 Answers |Ask -Follow

Stock Market Expert - Answered on Nov 11, 2024

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more

Question by nimai on Nov 07, 2024Hindi

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essar oil share

Ans: not traded

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Question by GIRISH - Mar 03, 2022Hindi

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I am a regular reader of your column in rediff.com. I have a query: I hold 100 shares (in demat form) of ESSAR OIL which were not surrendered. What will be the future of these shares? Kindly guide.

Ans: Currently, it is not traded on exchanges, we will advise to contact the company and surrender the shares.

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I have 200 shares of Essar Oil. Should I sell or hold

Ans: SELL AND BUY SOMETHING MORE SOLID.

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Question by Lino - Sep 01, 2024Hindi

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Hello , I have 600 shares of Essar Oil Limited in my Dmat. As these shares are no longer on NSE /BSE, please advise if they can be sold and how they can be done . Thanks in advance , Lino

Ans: they cannot be sold, you need to wait for the relisting

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I have Essar steel shares of INR 5000 from year 2005 (hardcopy paper based). As Essar steel has closed now, please guide how to proceed with these shares.

Ans: plz connect with the registrar of the company, they will guide you.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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