What is the validity of the CDSL authorisation?

How long is the CDSL authorization valid?

CDSL TPIN authorizations are valid for a single day, starting from 8:00 AM.

Can I use the same TPIN throughout the day?

Yes, clients can use the same TPIN to authorize their holdings for trades executed on the same day until 5:00 PM.

What about authorizations for After Market Orders (AMO)?

After 5:00 PM, clients can place After Market Orders (AMO) for the next day by pre-authorizing their holdings at the time of order placement. No additional holdings authorization is required for these AMO orders the following day, unless the order is modified.

Do I need to provide a new authorization every day if I plan to sell my holdings?

Yes, if you plan to sell your holdings, a new authorization must be provided every trading day after 8 AM.

What happens if I make authorizations outside the specified timeframe?

Any CDSL TPIN authorizations made outside the specified timeframe (after 5:00 PM and before 8:00 AM, excluding AMO) will not be recorded, and the orders will be rejected.