POA and DDPI online process

[Meher_Smaran]

Hi @entice @surajchavan

You can now submit DDPI online

In November 2022, SEBI introduced the Demat Debit Pledge Instruction (DDPI), replacing the Power of Attorney (POA). The DDPI enables brokers to debit securities from your demat account and deliver them to the exchange. Submitting a DDPI eliminates the need for CDSL’s TPIN and OTP during the sale of shares, which is particularly beneficial for those who use GTT orders to sell shares from their holdings. Since CDSL authorization is only valid for one day, one has to reauthorize daily to avoid GTT…