MIS to CNC conversion

[noobinvestor]

I mistakenly placed an MIS order from Kite for 100 units of Capacite Infra today (April 6, 2023 @10.03 AM). Later I converted the order type from MIS to CNC within the same day @10.05 AM. I do not wish to sell them today. Will zerodha sell these units automatically? Or will this be treated as delivery based order?

[GB26]

If the shares are converted to CNC, they will not get squared off, you will receive the shares.

[ShubhS9]

@noobinvestor

I mistakenly placed an MIS order from Kite for 100 units of Capacite Infra today (April 6, 2023 @10.03 AM). Later I converted the order type from MIS to CNC within the same day @10.05 AM. I do not wish to sell them today. Will zerodha sell these units automatically? Or will this be treated as delivery based order?

Since you’ve converted the order to CNC, it’ll not be squared-off. This will be delivery based order.