Selling Pledged Shares at FYERS

Can I sell my pledged shares without unpledging them at FYERS?

No, you cannot sell shares that are currently pledged. If you've pledged shares and received additional trading margins for Equity F&O, these shares are bound and cannot be sold as long as they remain pledged.
To correctly sell your pledged shares, follow this procedure:
  • Close any open positions where the pledged margins are being utilised.
  • Initiate a request to unpledge your holdings. For the comprehensive, refer to this article.
  • Typically, unpledging of shares is completed within one working day. Post-processing, you can sell your shares without any complications.

    • Related Articles

    • Can I short futures contracts without owning the underlying shares?

      Absolutely. With FYERS, you can short futures contracts without the need to hold the underlying shares. This is because futures contracts are settled in cash, eliminating the requirement for physical possession of the securities in your Demat ...

    • What happens to buy and sell orders when a stock hits the upper or lower circuit?

      When a stock hits the upper circuit, it has reached its maximum allowed price increase for the day, leading to a trading halt. During this time, only bid orders (intentions to buy) exist without any corresponding ask orders (intentions to sell), ...

    • How to sell my holdings using E-DIS?

      Electronic Delivery Instruction Slip (EDIS) was introduced to allow investors to sell their holdings using a TPIN/OTP sent to their registered mobile number and email ID. The procedure to sell the holdings using E-DIS is as below: Go to the scrip you ...

    • How to transfer shares to your FYERS Demat Account?

      If you're looking to transfer shares from your current Demat account to your FYERS account, you can do so both online and offline. Here's a step-by-step guide for both methods: Offline Share Transfer: Obtain and submit Transfer-Cum-Closure forms to ...

    • How to transfer shares using CDSL Easiest via FYERS?

      Transferring shares from your FYERS account to another Demat account using CDSL Easiest can be accomplished in a few steps. Follow our guide below: Login to CDSL Easiest (refer to this article) and navigate to the 'Transaction' section. Here, select ...