On the first day of the tender period for commodity future contracts, all long positions will be liquidated by the Risk Management team (RMS) by 5pm. To avoid physical delivery, it is advised to square off your position before this deadline. Please note that no trading will be allowed from this day.
What happens to my open MIS positions in Commodity Options and Futures after 11:15 PM?
Does Kotak Securities allow long option positions to devolve into futures on expiry day if they expire In-the-Money?
Will I be allowed to trade in Commodity Options on expiry day?
What happens to short positions in Expiring future contracts during the tender period?