loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations
Open ICICI 3-in-1 Account

How can we help you ?

Choose the category to find the help you need

    Announcements

    All you need to know about Buy Now Pay Later (MTF) while investing in Stocks...
    Read More
    Stocks Back

    Shares As Margin (SAM)

    What is the impact of Demerger on Vedanta shares pledged in Shares As Margin (SAM)

    Vedanta Ltd has announced a demerger of its existing business into 5 independent entities (including existing Vedanta Ltd), with a record date of May 01, 2026 (ex-date: April 30, 2026).

     

    Important updates related to your shares pledged in Shares as Margin (SAM):

    ◼️Haircut percentage of the stock will increase in a phased manner to 65% on April 28, 2026 EOD.

    ◼️You are advised to monitor existing position and maintain sufficient margin to avoid auto square-off of open positions.

    ◼️For every share of Vedanta Ltd you hold, you will receive 1 equity share of each of the four new entities.

    ◼️The newly listed entities will be released as free holding in your demat account within 1 day from the listing date. You may have to manually allocate these shares for reflecting in your “Demat Holdings” section through the Allocate option on the Demat holdings page.

    What do I need to keep in mind while pledging shares? How can I track my margin pledge request? What are the applicable Pledge charges for both Margin Trading and Shares as Margin? What is shares as margin (SAM)? What is the Pledge Model? How do I place a fresh request? How much time it takes to generate margin under SAM? What is Haircut in Shares As Margin? Will my shares as margin funding limits change on a day to day basis? How can an increase in Shares As Margin haircut impact you? How do I check the status of your shares (pledged / unpledged)? What is the impact of Hindustan Unilever demerger on the shares pledged by me in Shares as Margin? Is there any interest charged for using Shares as Margin in the Equity segment? (MTF/Intraday)