Hi ,
am using sharekhan for last 1 year.
I have been facing this issue of short delivery couple of times now.
last week (25th May) i placed limit order for 9 shares of VIP. at end of the day, i got mail and sms saying that order has been executed at the set price.
I also got the mail about transaction details with price and brokerage.
but now after a week, they mailed as below. can you please shed some light on this.
"We would like to inform you that the 9 shares of Vip Industries Ltd. have been received short at our end from the Exchange. We are expecting deliveries or close out in respect of your entitlement in the next 1 or 2 days time after the Auction. We would be crediting the same on receipt from the Exchange after Auction Pay-Out"
Thanks in advance.
am using sharekhan for last 1 year.
I have been facing this issue of short delivery couple of times now.
last week (25th May) i placed limit order for 9 shares of VIP. at end of the day, i got mail and sms saying that order has been executed at the set price.
I also got the mail about transaction details with price and brokerage.
but now after a week, they mailed as below. can you please shed some light on this.
"We would like to inform you that the 9 shares of Vip Industries Ltd. have been received short at our end from the Exchange. We are expecting deliveries or close out in respect of your entitlement in the next 1 or 2 days time after the Auction. We would be crediting the same on receipt from the Exchange after Auction Pay-Out"
Thanks in advance.