What is the new mechanism of pledge and re-pledge for collateral?

Current system To get higher exposure you can deposit the cash or use stocks in your demat account as collateral. When a client pledges the share to get extra intraday exposure or overnight position, the shares used to be transferred to the broker’s margin account (from client’s demat account to broker’s demat account for margin […]

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Can I sell shares without physical Power of Attorney (POA)?

Power of Attorney (POA) is a legal document which is required as per regulations for smooth operation of demat accounts such as debit of shares(selling), pledging, etc. Until we’ve received your POA, the stocks/bonds in your demat account will not be visible to you in any of the trading applications. They will only be visible […]

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Which reports are required for income tax filing?

Below are the list of stock market reports that are required for filing income tax returns. Please click on the below report to login to BOX back office to generate the report. This redirects you to the respective report directly. Ledger Demat Holdings Tax P&L Trade Details Kindly note, we also send you a consolidated […]

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What is the process for transferring shares from an outside Demat account?

Shares in your current demat account can be transferred to demat account with us by issuing appropriate instructions to your depository participant (DP) / broker through delivery instruction slip (DIS).

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