You are advisable to submit the delivery instruction slip to your DP on the same day of the selling the shares. As per SEBI, settlement deadline is T+2 working day morning 11.00 a.m. But, DP’s will accept the delivery instructions on T+1 day upto 4.00 p.m. only.
What is the deadline to transfer the shares against my selling obligation?
Modified on: Mon, 28 Jul, 2014 at 1:33 PM
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