Until now, Zerodha has been charging DPC on upfront margin shortfall (against the regulation). And even after raising a ticket, questioning here on TQnA and tagging @nithin and team multiple times, I never received a response (for over a month now).
Yesterday, I got a DM from one of the mods telling me they’re working on a refund for me. If the issue being discussed on this thread is a new development, I guess they are making up for the anticipated revenue loss from the upfront margin shortfall penalty in the form of DPC, which they have been charging till now.
I can’t stress more on the need to check your fund statements at least once a month. I wonder what % of zerodha’s profit figures are DPC collected by going against the regulation.