How to handle an early SLB recall on Zerodha

Tue, 12 May 2026 00:00:00 +0000

An early recall in the Securities Lending and Borrowing (SLB) framework refers to the lender’s right to demand the return of lent shares before the agreed series expiry date. Under SEBI’s SLB framework, lenders have an unconditional right to recall shares at any time; the borrower must return the equivalent shares within the recall settlement period or face a close-out by NSCCL. Early recalls are most common when lenders need to sell the shares (for example, in response to a price target being reached), when corporate action entitlements require the lender to hold the shares directly, or during high-volatility periods.

SLB Recall on WebNotes

How to handle an early SLB recall on Zerodha