What is the validity of my CDSL authorisation?
The CDSL TPIN authorisations are valid for only 1 day, however, the same TPIN can be used for authorising the holdings. To know more about CDSL TPIN, see
What is the CDSL TPIN and how to use it to sell the stock holdings?
From 8:00 AM, all authorisations will be recorded for the same day's trades till 5:00 PM.
After Market Orders (AMO) for the next day are allowed after 5 PM by taking a pre-authorisation of your holdings at the time of placing the order. Holdings authorisation will not be required for such AMO orders again on the next day unless the order is modified.
A new authorisation needs to be provided every trading day after 8 AM if the holdings are to be sold. All CDSL TPIN authorisation outside the time mentioned above(After 5:00 PM and before 8:00 AM apart from AMO) will not be recorded, and the orders will get rejected.
Did you know?
Clients can send DDPI and a POA to skip placing CDSL TPIN authorisation requests every time they place long-standing orders like GTT. See
What is Power of Attorney (POA) and Demat Debit and Pledge Instruction (DDPI)?