How do I sell shares without a POA?
If you have not submitted the POA, you will be able to place delivery sell instructions by using the CDSL TPIN. This mode of consent has a restriction of a maximum of Rs 1 crore of sell transactions per day. The off-market transfers are limited at Rs. 2 lacs per scrip and Rs. 10 lacs overall per day.
If you have a portfolio of over Rs 1 crore and wish to sell more than Rs 1 crore of stocks from your holding in a day, you will have to send us the POA. Similarly, for pledge transactions or mutual fund transactions through Coin greater than the off-market limit you will need to send the POA.