At Upstox, the e-DIS (electronic-Delivery Instruction Slip) facility enables you to sell your shares directly.
Once you click ‘SELL’, you'll be prompted to give your permission to sell your shares. An OTP will be sent to your registered phone number and Email ID. This ensures that your financial information remains secure.
Once you authorize the transfer by entering your OTP, you'll be allowed to sell your shares. Rs. 75 lakhs is the daily limit as advised by CDSL for selling your holdings.
This e-DIS facility is available only on Upstox platforms (Web, Android, iOS) and not on third-party platforms yet. However, while you can use the e-DIS facility for delivery trades, it is not yet available for intraday trades.
You can see the option of e-DIS only in the following scenarios:
When placing a SELL order.
When modifying a SELL order that is marked as Delivery.
When changing a short position from Intraday order to Delivery.