What is the Process for Unpledge of shares?


The beneficial owner is required to fill Unpledge Request form (URF) with all relevant details of securities along with pledge sequence number (PSN) and send the same to Head Office. In case of valid and correct documents, the request will be processed at HO and an Unpledge acknowledgement will be emailed to client. The Client has to submit the same to counter DP within 15 days of Unpledge setup (Otherwise it will be automatically rejected by CDSL system) for further final process of accepting and completing the process of Unpledge request.

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