So, you’ve sold your shares using the TMS (Trading Management System)? Great! But your job isn’t finished yet. After selling, there are a few important steps you need to complete. This guide will explain everything you should do after selling your shares to avoid problems or delays in receiving your money.
You’ll learn how to check your trade, confirm the sale, and make sure your money is settled in your bank account. Let’s make this super simple for you.
August 7, 2025
10 to 15 Minutes
Easy
📄 What is TMS?
📌 What You Need After Selling Shares
- Your TMS login details
- Access to MeroShare account
- Bank account with the same name
- Transaction PIN (from MeroShare)
🔧 Steps to Do After Selling Shares
- Login to MeroShare
- Go to My EDIS (Electronic Delivery Instruction Slip)
- Click on Transaction and you’ll see the sold shares list
- Select the trade and click Approve
- Enter your transaction PIN and confirm
- Now your sold shares are sent to the buyer
🏦 When Will You Get Money?
🧠 Tips for Beginners
- Always approve the transaction in MeroShare on the same day
- Check your bank account for payment after 2–3 days
- Don’t forget your transaction PIN
- Don’t sell shares you don’t have in DEMAT
- Keep a screenshot of your approved EDIS
Note: Don’t share your TMS or MeroShare login details or PIN with anyone. Always check your trades and approve them yourself.
❓ Frequently Asked Questions
Q1: What happens if I forget to approve the shares?
The transaction will be canceled, and you may face a penalty.
Q2: Can I approve EDIS from my phone?
Yes, you can approve it using the MeroShare website on mobile.
Q3: When will I get the money?
You’ll usually receive the money in 2–3 working days after approval.
Q4: Do I need to go to bank?
No. Everything can be done online. Your money comes to your account automatically.
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