Sovereign Gold Bond — Kotak Not Transfering bond to other Depository (Zerodha)

Our all shares in DP are transferred, only Sovergien Gold bonds are not transferred. On asking the concern person, it was advised that as the depository participants are different, its not possible to transfer those bonds. Following suggestions on telephone were offered.

1. I request the depository to re-mat those bonds, then ask the target depository to again de-mat.

2. I sell my bonds with ex-broker and purchase from new broker.

3. Initially, I was told that bonds are locked. When I explained them that these are locked only for 5 years from RBI, but these bonds are tradeable, which I think above second numbered suggestions tells itself.

I have written 1-2 times to kotaksecurities.com, but never got any reply, so forwarding letter to sebi, NSDL.

My Demat a/c number with Kotak is

Trading code DP-Id Client ID

ILMA0 IN[protected] Kamal V Disawal
IRXW[protected] Vallabhdas Disawal
37h[protected] Abhas A Disawal
KZDI[protected] Vishwas A Disawal
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