in the new pledging system are you guys going to unpledge during quarterly settlements?
As the stocks are in client demat itself, there is no quarterly settlement for pledged stocks.
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@siva @VenuMadhav āFRANKLIN INDIA LIQUID FUND - DIRECT PLANā is not showing up on the new approved list of securities document (it was there in the old list). And I am unable to pledge more/new units purchased after 31st Augusut.
However, the units which were purchased and pledged earlier in the old system have migrated to the new pledge system during the repledge you guys had setup on 30th and 31st August. Can you please look into it. I have raised a support ticket as well. Thanks
Hey @Nakul. I had not placed fresh unpledge request. The old unpledge requests are still showing as pending in console. I have not received the shares for trading.
What should I do now?
@ShubhS9 do I nee to cancel my last weekās unpledge request and put in a new request again or will it get processed tomorrow as is?
Really want to churn some shares and stuck due to this.
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Even for unpledge do I need to submit otp in cdsl link ?
@nakul @siva , please help with my unpledge request !!!
I raised an unpledge request at 10.40 am today, I still have not received any sms or email !!!
I raised a ticket #20200907102031, for the same, but your team closed it saying there is some issue with clearing corporation. My holdings still show āPending for pledgeā, whom should I contact now?
Hey @bshubhranshu, weāll be allowing this scheme (ISIN: INF090I01JV2) for pledging again from tomorrow.
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My shares are still not released. Please revert. I have given unpledge request on 1st Sept. till now shares are not unpledged.
Please respond.
We were expecting this issue to be solved from the depository and the clearing corporation today but unfortunately, the issue still exists. Weāre in constant touch with both the entities to get this fixed at the earliest. You wonāt have to place a new unpledge request for now. Weāre trying to get the existing requests processed. Weāll keep you posted on any updates regarding this here. Apologies for the delay and inconvenience caused.
Hey @Venkat_K, weāre trying to get all the unpledge requests processed but as explained here, due to an issue at the depository and clearing corporation the shares havenāt yet been released from pledge in your account. Weāre trying to get your unpledge request processed at the earliest. Weāll keep you posted on the updates regarding this here. We deeply regret the inconvenience caused.
Apologies for raising this again. I had already raised this ticket a week back but the shares are still not being credited to my demat and neither I see them on Console.
@Nakul Any updates regarding unpledging stocks in last 24 hrs?
6 of my unpledge request are stuck too, I need to sell some of the shares before its too late!!
same here. I pledge by MF and Unpledged my stock. Both are stuck . Now iam not seeing a pledge option in My MF.
Hi has the un-pledging issue been resolved? Can i sell my liquid funds without un-pledging ?
Require the funds urgently
Weāll be processing the unpledge requests at 2 PM today from our end. If this is successful at the Clearing Corpās end, your pledged holdings will be released in your demat account and you should be able to sell of the holding tomorrow.