Lakshmishree may automatically square off or close your positions under the following conditions:

• Intraday Positions – If you do not close your intraday positions before the cut-off time, Lakshmishree will automatically square them off.
   
• Margin Shortfall – If your position faces a margin shortfall or a risk of mark-to-market (MTM) loss, it may be squared off.
   
• MTM Loss– If your trading account shows a negative balance, positions may be closed to prevent further loss.
   
• Margin Call(MTF) – If you have a shortfall in your MTF account, your position will be liquidated.
   
• Ageing Liquidation – If your debit balance or margin shortfall remains unpaid for more than 5 days, your positions may be automatically squared off as per regulatory guidelines.
   
• Other Risk Factors – Any additional risk management conditions as per Lakshmishree’s policies may also lead to square-off.
   

To avoid forced square-off, ensure you maintain sufficient margins and monitor your positions regularly.