Still Have Doubts? Talk to Us
If your question wasn’t answered above, we’re here for you. Reach out to our team for assistance.
Why is POA required?
A Power of Attorney (POA) is a document that authorizes the stockbroker to debit your shares from your Demat account when you sell your holdings. If your POA is linked to your account, you can sell your holdings without needing to approve the transaction each time.
This is an optional feature. Shoonya also offers an E-DIS facility for selling your holdings.
Did you find it helpful?
