How do I unpledge shares?
You will see the list of shares you have pledged on https://console.zerodha.com/portfolio/holdings
Hover your cursor on the stock and click on 'Options' and the 'Unpledge'
Enter the quantity you want to unpledge and click on Submit.
If you have placed an unpledge request before 3:30 pm, the stocks will be available in the DEMAT account for trading on the next day, and if you have placed a request after 3.30 pm. The stocks will be available in DEMAT for trading the day after.
1) You will be able to unpledge your pledged holdings only to the extent of the unused collateral. The unpledge request will be rejected if the collateral is used for the positions taken. In such cases, you will either have to bring in cash or square off your position to be able to unpledge your pledged holdings. If there's a negative balance in your trading account, the negative amount needs to be cleared before placing the unpledge request.