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As per SEBI Circular few additional steps have been added in the pledging process for investor protection, now in the new pledge system, shares will be blocked in the client Demat account only.
New Pledging process now will be in two parts
A. Kindly Click on the link provided on SMS/Email.
B. Submit your PAN and CAPTCHA
C. Verify your Scrip code and Quantity and click on confirm
D. Enter the OTP which is sent to your mobile & Email within a given time period.
E. You will get confirmation that your request is initiated
F. As shown currently pledged shares will be visible under the Margin Stock column in the back office and unpledged normal shares lying in DP will be visible under DP Stock
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