Unraveling the Mystery: Citicorp Securities and Investment LTD and Its Current Status

Recently, I discovered that I hold several equity shares of a company called Citicorp Securities and Investment LTD. These shares originate from 1994, making it quite complex to identify the exact company. To shed some light on this situation, I will break down the details and provide guidance on how to determine the current status of these shares.

The Enigma of Citicorp Securities and Investment LTD

When I initiated my search, I was unable to find any information about Citicorp Securities and Investment LTD in the Indian stock markets or on platforms like MoneyControl. This led to confusion and a sense of uncertainty.

Understanding the Company

Citicorp Securities and Investment LTD is actually a company listed on the New York Stock Exchange (NYSE). If the company you are looking for was registered in Indian stock markets such as the National Stock Exchange (NSE) or BSE, you would have received cash dividends for the past seven financial years. However, due to the nature of Citicorp Securities and Investment LTD being a NYSE-listed company, the process is different.

What You Need to Know

Citicorp Securities and Investment LTD is, in fact, Citigroup Inc., a well-known financial services corporation. According to recent closing prices, Citigroup Inc. is trading at 43.05 per share. For individuals holding shares from 1994, understanding the current status of these shares is crucial.

Steps to Check Your Shares

1. **Contact Your Stock Broker**: Since your shares are listed on the NYSE, the best course of action is to consult with your stock broker for details on cash dividends or stock bonuses. These transactions will likely be reflected in your demat account, which you can check on your terminal.

2. **ISIN Number**: If you know the International Securities Identification Number (ISIN) for your shares, you can easily verify if they are currently traded and their current status.

3. **Stock Status Check**: Utilize the available online resources to verify the current status of your shares. You can use the SEC’s EDGAR Database or visit the company’s investor relations page on its official website.

Conclusion

The mystery surrounding Citicorp Securities and Investment LTD has been unraveled. It is indeed Citigroup Inc., a prominent player in the financial services sector. If you are seeking guidance on what to do next, particularly if you are considering selling your shares, feel free to DM me on Quora for further advice.

Remember, the key is to stay informed and seek professional guidance to ensure you make the best decisions regarding your investments.