In our another article What can cause a Short Delivery? there has been a Short Delivery of 100 shares. When you sold those shares (Tuesday) there was someone on the other side who bought those shares. Because of short delivery he won’t get the shares.

So the exchange will purchase them in a buy-in auction market on T+2 day (Thursday) and give delivery of these shares to the buyer on T+3 (Friday).

 

See also:

What is Short Selling of shares?

What is Short Delivery?

What can cause a Short Delivery?

How does the auction process work in case of short delivery?

How does Internal Short Settlement work?

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