Comment on Online pledging of stocks for trading F&O

Hi

I have a Zerodha account for some time but was not active. I have started taking notice of you guys and it seems you are doing a fabulous job. Thank you for all the information and transparency.
I recently bought some shares of Adlabs and Mahanagar Gas (they are still in T1 period). I can see the shares in Q but the pledge button is not active. Will the pledge button become active only when the shares come to my demat account?

Thanks

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