The Scottish Assam (India) Limited unlisted shares – FAQ

Question 1

Is buying The Scottish Assam (India) Limited unlisted shares legal in India?

Accepted Answer

Yes, buying unlisted shares is fully legal in India as long as transactions follow SEBI regulations and are carried out via authorized intermediaries like Unlisted Ideas.

Question 2

How does Unlisted Ideas ensure safe investments?

Accepted Answer

We carefully examine all companies before listing, maintain transparent pricing, and ensure complete legal compliance during every buy/sell transaction.

Question 3

How can I buy The Scottish Assam (India) Limited?

Accepted Answer

Register on Unlisted Ideas, complete your KYC, and place an order. Once payment is made, shares are transferred directly to your demat account.

Question 4

How can I sell The Scottish Assam (India) Limited unlisted shares?

Accepted Answer

You can sell your shares through Unlisted Ideas by raising a sell request. Our team connects you with verified buyers and handles the transaction securely.

Question 5

Can I hold unlisted shares in my demat account?

Accepted Answer

Yes. Unlisted shares are credited to your demat account just like listed shares and can be tracked through your depository participant (e.g., NSDL/CDSL).

Question 6

How much time does it take to receive The Scottish Assam (India) Limited unlisted shares in my demat account?

Accepted Answer

Shares are usually credited on the same day the payment is received, depending on market hours and processing time.

Question 7

What documents are required to buy/sell unlisted shares?

Accepted Answer

You'll need basic documents like PAN card, Aadhaar, bank details, and demat account info for compliance and KYC purposes.

Question 8

What is the minimum investment amount in unlisted shares?

Accepted Answer

Typically, investments start from ₹10,000, but it can vary based on the company and the number of shares available.

Question 9

What is the lock-in period for The Scottish Assam (India) Limited unlisted shares?

Accepted Answer

If The Scottish Assam (India) Limited becomes publicly listed, SEBI mandates a 6-month lock-in period post-listing for pre-IPO investors. Otherwise, there's generally no lock-in for private sales.

Question 10

What is the short-term capital gains tax on The Scottish Assam (India) Limited unlisted shares?

Accepted Answer

If sold within 24 months, gains are taxed as short-term capital gains at your individual income tax slab rate.

Question 11

What is the long-term capital gains tax on The Scottish Assam (India) Limited unlisted shares?

Accepted Answer

If held for more than 24 months, gains are considered long-term and taxed at 20% with indexation benefit.

Question 12

What happens to my unlisted shares if the company gets listed?

Accepted Answer

If the company lists, your shares automatically convert to listed ones. You can then sell them on the stock exchange, subject to the SEBI lock-in if applicable.

Question 13

Can NRIs invest in unlisted shares in India?

Accepted Answer

Yes, NRIs can invest in unlisted shares, subject to FEMA regulations and using their NRE/NRO demat accounts. Please consult a tax advisor for cross-border taxation.

Title	Name
Whole-time Director	Kartik Narayan Singh
CFO	Manoj Sureka
Director	Dhirendra Kumar
Director	Divya Jalan

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