Comment on Update to CDSL's TPIN authorisation process for selling stocks
This is very very bad user experience. Why would you process GTT if it results in short sale and auction !
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Impact on GTT sell orders: Since the new process requires an OTP for the transaction to be completed successfully, you’ll need to authorise the debit with TPIN and OTP before 5:00 PM on the day the GTT order is executed after the order is executed. You will receive an email and a notification on Kite confirming that the GTT was triggered for you to authorise your stocks in a timely manner. If you do not authorise the debit after the GTT is executed, the transaction will result in short delivery, auction and penalty.
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