What is DIS?

Delivery Instruction Slip (DIS), is a document used in the stock market to transfer shares from a demat account when selling or transferring securities. It works similarly to a cheque in a bank transaction. When an investor wants to sell or transfer shares to another demat account, they must fill out the DIS with details like ISIN (security code), quantity, the recipient’s DP ID, and client ID. 

The filled DIS is submitted to the depository participant (DP). It ensures secure, authorised movement of shares and is mostly used in offline transactions, especially when not using an online trading platform.

A Delivery Instruction Slip (DIS) serves two primary functions:

1. Off-Market Transfers: It allows the transfer of securities between demat accounts, even when held with different brokers, facilitating seamless movement of assets without involving the exchange.
   
   

2. Sell Transactions (without PoA/DDPI): If you haven't authorised Arihant with a PoA or DDPI, a DIS is required for each sell transaction. This slip manually authorises the transfer of securities from your demat account when executing a trade, ensuring that the transfer is recorded correctly and completed without automated permissions like PoA or DDPI.

The processing time for a Delivery Instruction Slip (DIS) request generally depends on when it is submitted. If submitted before the broker’s cut-off time, usually around 4:00 PM on a trading day, it is processed the same day. Otherwise, it is carried forward and processed on the next trading day.

You can contact Arihant’s support team at customersupport@arihantcapital.com to get DIS. Our team will assist you with the further process seamlessly. After filling the DIS form, you can courier it to the below address:

To, 

Customer support department,