Delivery to the Buyer:
T+2 Day:
The shares obtained from the auction process are delivered to the buyer by T+2
day (two days after the original transaction date).
T+1 Day:
Buyers will see shares in their Demat account by T+1 days (one days after the
original transaction date).
Timeline Summary:
T Day (Transaction Day):
The initial transaction takes place.
T+1 Day:
Settlement happens in the backend in between exchange and broker
T+2 Day:
Shares will be transferred into clients demat account.
This process ensures that the buyer ultimately receives the shares despite the
initial short delivery, albeit with a slight delay due to the auction and
settlement procedures.