Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
02 Sep 2023, 03:58 PM
Hi Shantanu, you don’t have to do anything for the contract to get physically settled. This will be taken care of automatically if you haven’t squared-off the position.
Depending on your position (either long or short), the shares will be credited to your demat account (for long position) or debited from your account (for short position).
You just have to ensure there are sufficient funds to take delivery and sufficient shares in your account to deliver, esle it’ll lead to short delivery. You can learn more about short delivery here.