Understanding EDIS Process

What is eDIS?
eDIS (Electronic Delivery Instruction Slip) is a facility which allows you to sell your shares even if you have not submitted your POA (Power of Attorney).
Thu, 16 Dec, 2021 at 12:30 PM
Why do I need to submit POA?
POA authorises Finwizard Technology to provide pay-in of securities to exchanges for sell obligation generated at the end of the day.
Thu, 16 Dec, 2021 at 12:30 PM
How do I avail the EDIS facility?
EDIS is activated automatically on our digital trading platforms for all customers who have not submitted their POA.
Thu, 16 Dec, 2021 at 12:30 PM
Why do I need to authorise a transaction to sell scrips that I own?
In the absence of authorization (on the day of transaction) your shares will be put for auction on account of pay in shortage which will result in a loss in...
Thu, 16 Dec, 2021 at 12:31 PM
How do I authorise my transaction?
CDSL Demat holder needs to authorise transactions with the help of TPIN and OTP generated/provided by CDSL. Without this transactions would not be valid.
Thu, 16 Dec, 2021 at 12:31 PM
What is CDSL TPIN?
TPIN is an authorization code generated by CDSL, using which the customer validates/authorises the transaction.
Thu, 16 Dec, 2021 at 12:31 PM
How will I get my TPIN?
You will get the TPIN on your email id and mobile number as registered with the Depository Participant from CDSL.
Thu, 16 Dec, 2021 at 12:32 PM
Will I get a new TPIN every time I authorise a transaction?
No, TPIN generation is a one-time activity, just like the password. You will have to use the same TPIN every time you authorise a transaction until you chan...
Thu, 16 Dec, 2021 at 12:32 PM
What if I enter the wrong TPIN?
If you enter the wrong TPIN, you will not be allowed to authorise transactions. On entering an incorrect TPIN thrice, your existing TPIN will become invalid...
Thu, 16 Dec, 2021 at 12:32 PM
What shall be the validity (in number of days) for which I can authorise under Buyback?
Buyback authorization is valid till settlement date as specified by exchange of a particular Buyback offer and not till trade date.
Thu, 16 Dec, 2021 at 12:33 PM