What is the process for Un-pledging holdings from Share India?

Clients may request the un-pledge of their pledged securities at any time. However, the RMS system will restrict un-pledging if those securities are currently being utilized to meet margin requirements or serve as collateral against any debit balances in the client’s account. In such cases, clients are required to clear their margin obligations or any outstanding debits before placing the un-pledge request.

Online through Share India App/Portal:

1. Navigate to: Profile → Quick Links → Un-Pledge Holdings Or directly click

2. On the Un-Pledge Holdings page, your Name and Client Code will be auto-filled. Click ‘Submit’ to proceed.

3. The system will display all securities currently pledged from your account.

5. Enter the scrip name and quantity of shares you wish to un-pledge.

5. Enter the OTP sent to your registered mobile number and email ID to verify your request.

6. Your un-pledge request will be successfully submitted once the OTP is verified.

7. After submission, system will verify the outstanding positions/margin requirements:

• If the request is received before 4:00 PM, the securities will be un-pledged on the same day.
• Requests placed after 4:00 PM, will be processed on the next working day.

Offline process of Unpledged of Shares.

To un-pledge shares offline, clients are required to follow the steps mentioned below:

Send an Email Request:

a. The client must send an email to any of the following email IDs:

• support@shareindia.com
• backoffice@shareindia.com

b. The email should include the following details:

• Trading Code
• Demat Account Number
• Client Name
• Name of the Scrip to be un-pledged
• Quantity of Shares to be un-pledged

After receiving of email the concerned official will verify margin requirements.

• If everything is in order and the request is received before 4:00 PM, the shares will be un-pledged on the same day.
• Requests received after 4:00 PM will be processed on the next working day.