E-DIS is a facility introduced by IIFL where you can now authorize stocks in your demat account that you wish to sell using the Transaction-PIN (TPIN) provided by CDSL on your registered mobile number or email.
This ensures safe handling of your stocks in your demat account without submitting a physical Delivery Instruction Slip (DIS) every time if POA is not mapped to your account. You can make use of E-DIS facility till the time you submit your POA.
Under this new process, when a sell transaction takes place on your demat account you will have to give a one-time authorization using the T-PIN sent by CDSL to your registered mobile number and email ensuring safe handling of stocks.
The T-PIN is permanent whereas the authorization is valid for 1 day.