Under what circumstances is a pledge invoked?

Under what circumstances is a pledge invoked?

If you’ve traded with the pledged margins and incurred a loss, your account will show a debit balance (Negative balance). You’re required to clear such debit balance by transferring additional funds in cash. If you do not add the funds, our risk team will invoke the pledge and sell your holdings to recover such losses. However, the above said action will be taken only after intimating the same to you over the call and Email.

Note: If you’ve any open positions, the same will be squared off by our RMS before invoking the pledge.

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