Hi,
I didn’t get the information regarding how many days shall pledged equity delivery shares last. I got email message please clear the outstanding payment within 5 days or else your pledged shares shall be sold to recover the duess. I cleared the dues next day before 9:30 AM and fund balance is also not negative after 9:30 AM. Then when i checked my email next day 5;50 AM, i got this message.
We noticed that due to insufficient funds in your account, a few of your securities have been temporarily pledged. To get your holdings back, we request you to clear the outstanding balance at the earliest.
Here’s what you can do:
-
Check your Upstox Wallet for the pending amount
-
Add funds to clear the balance
-
Once the payment is complete, the pledged securities will be released automatically
Please note:
Kindly ensure the outstanding balance is cleared within 5 days to avoid the need to sell the pledged securities, as per SEBI regulations.
If you have any questions or need assistance, we’re here to help:
I need clarification regarding pledged shares duration. How many days shall i keep / use pledged shares intraday trading ? I didn’t find this info anywhere in upstox.
Regards,
Ramesh