My Portfolio:

Advantage AxisDirect

The treatment for the same will be as follows:

a.  Short Delivery to the Exchange for scrip at the broker level: Incase of short delivery to exchange, the settlement happens as per the auction/close-out mechanism of Exchange and auction/close-out debit shall be passed to the defaulting clients who did not fulfill his selling obligation.

b. Short receipt from the Exchange: The same shall be handled as per the Exchange Settlement Schedule.

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