No, you cannot transfer pledged shares directly from your demat account.
When shares are pledged (for margin or loan purposes), they are marked as encumbered, which restricts their transfer until the pledge is released.
What You Need to Do:
- First, unpledge (release) the shares through the respective platform or broker.
- Once the pledge is successfully removed and the shares are free in your demat account, you can initiate the transfer (online via CDSL Easiest or offline via DIS).
Important: Transfer requests for pledged securities will be rejected by the depository system.
Easy & quick
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