Will I get additional margins if the value of shares pledged as collateral under MTF appreciates?
Yes, if the value of shares pledged as collateral for your MTF position appreciates, you will get additional margins. They can be used to create further positions under MTF, or as margins for regular trading.
For example, you have taken a position of Rs. 1 lakh using the MTF facility with a collateral pledge margin of Rs. 25,000. If the value of your collateral pledge margin increases to Rs. 50,000, you will be able to take an additional MTF position of Rs. 1 lakh or use this margin for regular trading.
The above example assumes the margin requirement for the position to be 25% (25% of Rs. 1 lakh = Rs. 25,000).