Comment on Policy on settlement of compulsory delivery derivative contracts
commented on
22 Nov 2018, 01:49 PM
1. The position will be squared-off on expiry day even if you have the margin but you have a give delivery obligation.
2. The position will be squared-off post 12 PM on the expiry day.
3. Your position will be let to expire and settled physically. You need to send an unpledge request on the expiry day(before 4 PM) and the shares will be unpledged and shares will be debited from your account to meet the obligation.