Announcements

Our latest announcements and updates

Margin Pledge scrip changes August 2024

We would like to inform you that around 1000 scrips have been disapproved by the Exchange from their list of ‘Approved Securities for Margin Pledge’ based on the circular issued on 8th July 2024.

As per the circular, these scrips will now attract a minimum of 60% haircut starting from 1 September 2024. Earlier the haircut was changed to 40% starting from 1 August 2024.

If any of these scrips are already pledged with us, they will attract a higher haircut starting 30 August 2024. Which means, you will need to have additional funds to keep your positions intact.

In case there are any margin shortfalls, your positions will be squared off on or after 2 September 2024 to comply with the margin requirements.

The list of these 1000 scrips and the circular are attached for your reference.

We advise you to review your portfolio and make necessary adjustments to avoid any inconvenience.

Thank you for your understanding and cooperation.

List of scrips removed: Click here 
Circular: Click here

upstox-download-app

Upstox - Stocks, IPO, MF

Stock Market Trading & Demat Account App

upstox-qr-code
Download IconDownload the Upstox App Today