New Delhi, Nov. 4 -- A social-media post alleging that Zerodha, one of India's largest stockbrokers, was preventing a client from withdrawing funds went viral, prompting CEO and co-founder Nithin Kamath to step in and clarify the firm's policies.

The social media user on X, named Dr Aniruddha Malpani, on Monday, November 3, alleged that Zerodha was using his money for "free" after being informed that the daily withdrawal limit on the platform was Rs.5 crore. Malpani tagged Zerodha co-founder Nithin Kamath in his post.

Screenshots attached to the post showed that the platform required users to withdraw above that amount to raise a support ticket.

Responding directly to the post, Kamath earlier today, November 4, said, "Hi Dr, your payou...