Articles

Can I unpledge my holdings without selling them?

Yes, you can unpledge your stocks without selling them.

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Are there any charges associated with pledging?

Yes, there are charges for both Pledging and Unpledging stocks.

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Where are my stocks held when they are pledged?

Your stocks remain in your Demat account even when they are pledged. You continue to receive all corporate benefits

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Can I pledge shares that I purchased the previous day?

Yes, you can pledge the shares once they are credited to your Demat account.

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Why does the margin vary for different stocks?

The Margin (Haircut Percentage) varies for different stocks based on their Risk Level and Liquidity.

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Why Are My Shares Not Eligible for Pledging?

Not all stocks are eligible for pledging. The list of securities that can be pledged is Updated In Real-Time by our Risk Management Team, in accordance with exchange guidelines.

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I Am Not Receiving an OTP for Pledging. What Should I Do?

The OTP for pledging is sent by CDSL, not by Lakshmishree. In some cases, it may take time to arrive.

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Can I Use the Margin from Pledging to Trade If My Cash Balance Is Zero or Negative?

Yes, you can use the pledged margin to take new positions, even if your fund/cash balance is zero or negative.

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Where Can I Check My Total Available Margin?

You can check your Total Available Margin in the Limit Option of your Lakshmishree account(Shree Varahi).

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How Long Can I Hold Positions Created from Pledged Margin? Will I Get Notifications for Margin Shortfall?

If your Ledger Balance Turns Negative, you will receive a margin call notification, also known as an "Ageing Debit" Shortfall.

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