What is eDIS?

eDIS (Electronic Delivery Instruction Slip) is a digital authorisation system by which you instruct your depository (CDSL) to release pledged Margin Trading Facility (MTF) shares for sale. It's a SEBI-mandated security protocol that ensures only you can authorise the sale of pledged securities.

Why is eDIS Required for MTF Sales?

MTF shares are pledged as collateral with Upstox against the funded amount (by Upstox). Unlike regular holdings that you fully own, pledged shares require authorisation by which they are unpledged and then sold.

eDIS ensures,

• Regulatory Protection - SEBI-compliant process for releasing pledged shares
• Security - TPIN-based authentication prevents unauthorised access
• Fraud Prevention - Protects against unauthorised liquidation of your holdings

eDIS vs Regular share sales

Aspect	Regular share sale	MTF position sale (eDIS)
Pledging status	Freely held	Pledged as collateral
Authorisation	Simple sell button	TPIN + OTP via eDIS
Process	Single-step sale	Two-step: Unpledge → Sell
Authentication	PIN/Biometric	TPIN (every transaction)
Regulatory oversight	Standard	Enhanced CDSL monitoring

MTF involves borrowed funds secured by your shares. eDIS ensures that only you can release this collateral.

How to handle eDIS for MTF sales

1. Give eDIS mandate

One-time setup

1. Go to Demat Allocation page in Upstox app 2. Click ‘Add Mandate’ beside each stock, or ‘Mandate All’ 3. You will be redirected to CDSL portal 4. Complete 2FA authentication - Enter MPIN and OTP 5. Select ‘Hold and Place Order’ to confirm mandate

(Pre-authorisation speeds up future MTF sales by reducing real-time authentication steps)

2. Ensure readiness

Before selling MTF positions make sure you,

• Keep TPIN handy
• Verify registered mobile
• Have a stable internet connection
• Complete e-mandate

3. MTF sales process with eDIS

When selling MTF positions

1. Go to Portfolio → Positions → MTF 2. Select stock and click ‘Square-off’ 3. Enter order details and review 4. eDIS authorisation - Click ‘Continue to CDSL’ 5. Enter TPIN on CDSL portal 6. Verify OTP sent to mobile/email 7. Order confirmed—shares unpledged and sale executed