If you do not have shares in your KST or Kotak NEO Demat Account, you can avoid auction by transferring shares from some other demat account to your demat account to adjust shares for pay-in against your short sell. The shares should be transferred before the pay-in date (T+1) and time (before 10:30 AM).
Also Read:
What is a Buyback/Takeover/Delisting?
My order is getting rejected with the following error – ‘Order price is outside the trade execution range. Try placing the order again
My order is getting rejected with the following error – ‘The order was rejected to avoid self trade. Try placing the order again’.
Why was the stop loss executed even though the price did not breach the trigger?