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Kotak Securities says additional margin limits were uploaded in few clients trading accounts

This statement comes after reports of a man from Gujarat receiving Rs 11,677 crore in his Demat account on July 26. The individual invested Rs 2 crore out of it in the stock markets and booked a profit of Rs 5 lakh.

Short-lived joy for this Guj man as Rs 11,677 cr deposited in demat account by mistake

An Ahmedabad citizen got a lottery of not a few hundreds or lakhs, but Rs 11,677 crore in his demat account only to be taken back in a few hours.The money was in his account for more than eight hours.Ramesh Sagar has been investing in the stock .

Gujarat: Man accidentally receives Rs 11,677 crore into his demat account, bank rectifies error after long hours

Gujarat man mistakenly gets Rs 11,677 crore in Demat account, quickly invests Rs 2 crore

Ramesh Sagar, an Ahmedabad-based stock investor, got the amount in his Demat account he has with Kotak Securities. He has been investing in the stock market for the last five to six years.

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