like everybody, we all know about the update announcement in Feb2021 - update-to-cdsls-tpin-authorisation-process
Third Point -
- Impact on GTT and equity SIP sell orders: Since the new process requires an OTP for the transaction to be completed successfully, you’ll need to authorise all your holdings for debit with TPIN and OTP each morning. This is a temporary solution and we’ll switch to post-trade authorisation for GTT and SIP sell orders soon.
Any update on moving to post-trade authorisation for GTT sell orders,
So, Instead of doing it every morning, that would mean authorize only the day when GTT executed sell orders.