Paperless Trade Gets A New Meaning

Imagine a situation when you could sell your holdings in a company at a 250 per cent premium even before the scrip is listed on the stock exchanges. Sounds strange?

A Mumbai-based investor, Vanraj Shah, has set up an alternative mechanism to trade the Balmer Lawrie Investment Ltd stock, which is yet to be listed.

Shah has made public announcements in national dailies expressing his intention to buy and sell the Balmer Lawrie