Update on TPIN authorization process on 1st June 2020.
As per SEBI’s mandate all depository participants and brokers had to implement a revised process for authorizing sell orders from clients demat accounts from today, 1st June, 2020. Our depository participant is CDSL. We too, implemented this process and went live today. Read more here: https://upstox.com/market-talk/an-introduction-to-our-revamped-e-dis-process/
However, since this morning there are some intermittent issues with CDSL's TPIN authorisation service. CDSL is working on getting this back up soon. Demat authorization services of all brokers using CDSL has been affected by this. Non- POA customers won't be able to place sell orders from their holdings until then. We regret the inconvenience caused. We will update you as soon as the service is back up.