Today I did intraday in Bharat Rasayan with my broker Adroit Financial Services. I purchased 78 shares @9002 (Amount=702156) and sold them @9018 (Amount=703404).
Now, I am seeing in my Financial Ledger that Rs. 14,05,000 has been debited from my Account with the reason ASM AMT. BLOCK BHARATRAS TRADE DATE 16-0- 2020(AUCTION).
Please tell me why my account is blocked despite I did intraday only. The stock has active volume of 6400 shares then why so much account is blocked.
Please give reply as to what will happen now, is it a penalty or amount has been blocked or when it will be released.