You are not permitted to sell the pledged shares during this time if you pledged shares and received additional margins for trading in Equity F&O. Peak margin penalties will apply to the sale of any pledged shares.
Selling the pledged shares properly entails:
Close all open positions currently in existence where the pledged margins are being used,
request for holdings to be unpledged,
Un Pledging shares typically take one working day. You can sell the shares without any hassles once the unpledged has been processed.
What kind of logic is that ? Plus I think the % of users who have such feature requests are fewer than that. And that was my point. They probably dont want to be prioritizing for that tiny % of users.
More resources and better manpower can make things better. Ofcourse there has to be the “will”. Priorities could get in the way too. Newer Startups don’t have that issue
Yeah true…its all about priorities. Earlier, vaccines needed 5-10 years to come into production and then look what happened once Covid striked. It came into production within a year. So we can say instant unpledging and selling was never Zerodha’s one of the top priorities thats why it got delayed and the worst thing is that they never even give an approx timeline when a new feature will be added.
for e.g. Consider that in Kite Web we can’t see both absolute change and % change of a scrip simultaneously. This feature request is 3 years old I guess.
Some say it is their fastidious nature, some say its the work culture, ask @nithin and he will tell you about “Technical Debt”. I suspect they might be lil lacking in the foundation dept that makes them unable to be nimble while supporting such scale.
Plus I think the % of users who have such feature requests are fewer than that. And that was my point. They probably dont want to be prioritizing for that tiny % of users.
