To exit a position bought using MTF, you simply need to Select 'MTF' As The Order Type while selling the shares.
Unlike normal pledged shares, there is No Separate Un-Pledging Process or OTP verification required for selling MTF holdings. You can place a sell order directly, and the trade will be executed normally.
However, keep in mind that if your margin requirement is not met, Lakshmishree may Square Off your positions automatically. Always monitor your positions to avoid unexpected liquidations.