Pledging of Shares

Can I square off or convert to delivery my pledged MTF position?

You can square off your pledged MTF positions as needed.

For e-DIS customers, the mandate process is as follows:

• On the Order Verification page, you will be redirected to the depository’s e-DIS mandate page.
• Complete the two-factor authentication by entering your MPIN and OTP.
• This mandate will authorize the selected stock for the transaction and remains valid for one trading day.

If you choose the Convert to Delivery (CTD) option:

• You can convert your MTF position to delivery from the Open Positions page.
• This can be done using the Convert to Delivery option after your pledge is confirmed.

What is e-DIS?

e-DIS (Electronic Delivery Instruction Slip) is a digital method of authorizing the sale or transfer of shares without requiring a physical DIS slip. It ensures a seamless and paperless way to transact, using a secure two-factor authentication process via MPIN and OTP.