Selling Pledged stock at Zerodha

Hi,

Can I sell the pledged stock without unpledging it?

Also in this case pledged collateral margin is not utilized? At that time can I sell without unpledging process?

@ShubhS9 @siva

You will have to unpledge the stock before selling,

1 Like

Thank you.

One more quick query Why the Pledge stock not shown on the KITE Holding page. Because of that, we are unable to see the live value of the pledged stock investment.

When you have pledged the stock, you cannot sell it before pledging, that is why it is not shown in Kite Holdings.

Though not live, but you can see value of your stock based on previous days close in Holdings on Console.

@nithin
It was feature of new pledge system, Facility to sell pledged stocks: This is a feature we’re working on making available, allowing you to sell pledged stocks without having to request for unpledge and wait until they are received to your demat account. With the new pledge system it becomes much easier to deploy this. This covers the risk from market movements in the stocks you’ve pledged.

But its not introduced