Hi Venkat,
Hope you are doing good.
using a temporary license should be fine for some days even in production. But the official recommendation would be to update the license as soon as possible.
If you are using MYSQL, shrinking is possible:
Microsoft Library :
http://technet.microsoft.com/en-us/library/ms189080(v=sql.105).aspx
SAP Note :
#363018 - File management for SQL Server
Do make sure that once this is done, you implement SAP KBA 1721843 - SQL Server: Database-related post-processing after freeing a significant amount of space
Thank you!
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Kind Regards,
Hemanth
SAP AGS
