GTT Sell Orders: What if my sell order gets executed and I don't authenticate using TPIN

General
1

GTT Orders: What if my sell order gets executed and I don’t authenticate using TPIN

GTT order can be executed any day, so it would require TPIN authentication.

Questions:

  1. How much time do we get to authenticate the sell order?
  2. What if I am unable to authenticate it the day the shares got sold?
2

If you have not done CDSL Authorization, the sell GTT order will be rejected once triggered. The CDSL authorization is valid only for a day. You can pre-authorize the sale of shares at the beginning of each trading day (from 8 AM) to ensure the GTT order isn’t rejected. More here: What is the validity of my CDSL authorisation?

1 Like
3

is there a way to completely remove this dependency. My account doesnt have this issue but my friend who opened recently has this auth.

4

You can submit DDPI (Demat Debit Pledge Instruction), after this CDSL TPIN and OTP will not be required. You can check the process here: What is Demat Debit and Pledge Instruction (DDPI)?

5

@ShubhS9 If I have already submitted POA earlier last year do I need to send DDPI now, afresh? I don’t want to use CDSL TPIN.

6

Someone from Zerodha please clarify my above doubt.

7

If you’ve already submitted POA, you don’t have to send DDPI.