·
Immediately
on the receipt of intimation of execution of trade from the broker
the seller could issue instructions to the DEPOSITORY
PARTICIPANT
for
the delivery of the security.
·
After
opening a DEMAT account the DP will issue a DELIVERY
INSTRUCTION BOOK (DIB)
to the holder, DIB is just like a cheque book. The investor can use this
DIB to transfer the shares to the NSE, BSE and any other DP account.
Processing
Delivery & Receipt Instructions
To settle trades done on a stock exchange (on-market trades) and trades which
are directly settled between two BOs (off-market trades), BOs submit duly
completed delivery instructions in the prescribed form to DP.