How-to SLB Pledged shares

How to lend pledged shares via SLB

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Pledged shares cannot be directly lent via SLB. A pledge is an encumbrance that prevents the shares from being transferred. The workaround:

Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with Zerodha.

Step-by-step procedure

Five steps per the procedure infobox.

Trade-offs

Un-pledging reduces your F&O margin collateral. If you’re actively using margin:

  • Reducing collateral may require additional cash.
  • Could trigger margin shortfall.
  • Plan carefully.

See also

External references

References

  1. SEBI, Pledge and lending framework, sebi.gov.in.
  2. Zerodha, SLB and pledge interaction, support.zerodha.com.

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