https://www.taxtmi.com/circulars?id=68628 Depositories must implement an automated single instruction mechanism-'pledge release for early pay in'-to release pledges and set early pay in blocks when clients sell margin pledged securities, subject to pay in validation by clearing corporations. Invoked securities (except non exchange mutual fund units) will be blocked for early pay in with an audit trail in the TM/CM's pledge account; invoked non exchange MF units will be moved and auto redeemed via an 'invocation cum redemption' facility. TM/CMs must ensure same day pay in where client trading privileges are frozen. Amendments take effect September 05, 2025, with operating guidelines by July 01, 2025. en-us Tue, 03 Jun 2025 00:00:00 +0530 Tue, 03 Jun 2025 17:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68628 Depositories must implement an automated single instruction mechanism-'pledge release for early pay in'-to release pledges and set early pay in blocks when clients sell margin pledged securities, subject to pay in validation by clearing corporations. Invoked securities (except non exchange mutual fund units) will be blocked for early pay in with an audit trail in the TM/CM's pledge account; invoked non exchange MF units will be moved and auto redeemed via an 'invocation cum redemption' facility. TM/CMs must ensure same day pay in where client trading privileges are frozen. Amendments take effect September 05, 2025, with operating guidelines by July 01, 2025. Circulars SEBI Tue, 03 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68628