Sebi brings 'block mechanism' for sale deals - Business News: Latest News & Videos about market and economy | Trendmergers

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Sebi brings 'block mechanism' for sale deals

If the sale trade is executed, then the securities get adjusted against EPI. However, if securities remain unsold, then the securities are required to be returned back to client's demat account, which take time and involve cost. The regulator said the proposed facility of block mechanism would be allowed on an optional basis to investors and EPI mechanism would also continue.

from Stocks-Markets-Economic Times
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