Comment on Consequences of Short delivery - NSE/BSE

Nithin Kamath commented on 22 Jan 2016, 09:03 AM

You can’t buy it back to cover it. Do read the blogpost above. Exchange will buy it on your behalf on T+3 day and deliver it to the buyer whom you defaulted. Whatever is the difference in your shorting to the auction price, it will be deducted from your account.

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