EDIS: how to transfer your shares after selling
When you sell on NEPSE through your broker, the shares don't leave your demat until you approve it in Meroshare — that's EDIS (Electronic Delivery Instruction Slip). Do it on the sale day or by the next day. If the shares aren't delivered, the trade is closed out and you pay a fine of 20% of the sell amount.
Step 1 — calculate WACC (My Purchase Source)
Before transferring, Meroshare needs the cost of the shares you're selling (for capital gains tax). That's your WACC — weighted average cost, including commission, SEBON fee and DP charge. You only redo this when you've bought more of that company.
- 1
Open My Purchase Source
Log in and open My Purchase Source.
- 2
Search the company
Enter the scrip (symbol) and search. Your purchase transactions are listed.
- 3
Tick the transactions and proceed
Check the purchase rows (and enter the rate if one is missing), then click Proceed.
- 4
Accept the declaration and update
Meroshare shows your WACC. Cross-check with our WACC calculator.
Step 2 — transfer in My EDIS
- 1
Open My EDIS
From the left menu, open My EDIS and choose to transfer shares.
- 2
Select the sold shares
Pick the company and contract shown for your sale. Check the quantity matches what you sold.
- 3
Confirm the holding period
Meroshare uses your purchase dates to split short-term (≤365 days) and long-term (>365 days) holdings — this sets your capital gains tax (5% or 3.75% for individuals).
- 4
Proceed, accept and submit
Review the details, accept the declaration and confirm with your PIN. The status should show the transfer as successful.
Deadline and the close-out fine
NEPSE settles trades on T+2. Sellers are expected to complete EDIS by the next day after the sale; your broker will tell you its exact cut-off time. If the shares aren't delivered, the trade is closed out: the seller pays 20% of the transaction amount — reported as 75% to the buyer and 25% to the government.
Read how T+2 settlement works for the full day-by-day timeline.
Frequently asked questions
What is EDIS in Meroshare?
EDIS (Electronic Delivery Instruction Slip) is your online approval to move shares you've sold from your demat to the broker, so the buyer receives them.
Do I need EDIS when buying shares?
No. EDIS is only for selling. Shares you buy arrive in your demat after settlement.
Why don't my shares appear in My EDIS?
Usually because WACC isn't calculated for that scrip, the sale isn't in the system yet (try later the same day), or the quantity is pledged/frozen. Calculate WACC first; if they still don't show, call your broker.
What is WACC in Meroshare?
Weighted average cost of capital — here, simply your average cost per share including buying fees. Capital gains tax is charged on the sale amount after fees minus this cost.
Sources
Facts on this page last verified 6 October 2026.
- How to calculate WACC and transfer shares using Meroshare (EDIS) — Sipla Securities (licensed NEPSE broker)
- Transfer your shares on time to avoid close-out fines — Onlinekhabar English, 16 February 2024
- T+2 to be implemented from today — what changes in the settlement process — Merolagani
- Capital gains tax rates reduced, decision published in Gazette (3.75% / 5% for resident individuals) — ShareSansar, 22 September 2026
- Meroshare (official portal) — CDS and Clearing Ltd.
General information for learning only — not investment, tax or legal advice, and not a recommendation to buy or sell any security. Rules and fees change: the latest notices from NEPSE, SEBON, CDSC, IRD and your own broker/DP are final.
Keep going
Practise first on StockYatra (free, virtual coins)
Learn how orders, fees and price swings feel before real money is involved — trade real NEPSE names with 10,000 virtual coins. No demat, no KYC, no risk.
Get the app → What is paper trading?