Comment on Policy on settlement of compulsory delivery derivative contracts
1. Yes, these 46 stocks will be physically settled. The rest will be cash settled(index derivatives included).
2. STT will be applicable on the sell side of the F&O contracts as usual. Higher STT for exercised ITM contracts. Read more here.
3. Reliance Industries is cash settled and since you are long options, you will have to pay only the premium for the contract.