https://www.taxtmi.com/circulars?id=65319 Automatic exercise of all in the money option contracts at expiry is required unless a long holder gives a contrary instruction; out of the money contracts expire worthless; exercised contracts within an option series must be assigned to short positions in that series in a fair and non preferential manner. Exchanges must amend bye laws, notify members and report implementation status to the regulator. en-us Mon, 03 Jan 2022 00:00:00 +0530 Mon, 03 Jan 2022 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65319 Automatic exercise of all in the money option contracts at expiry is required unless a long holder gives a contrary instruction; out of the money contracts expire worthless; exercised contracts within an option series must be assigned to short positions in that series in a fair and non preferential manner. Exchanges must amend bye laws, notify members and report implementation status to the regulator. Circulars SEBI Mon, 03 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65319