Zerodha founder and CEO Nithin Kamath said on Thursday that there has been no discussion between the brokerage and market regulator SEBI regarding the weekly expiry issue.

“There hasn't been any consultation with brokers to the best of my knowledge,” he wrote on microblogging site X (formerly Twitter).

Kamath asserted that SEBI "always consults" industry players before implementing major regulatory changes.

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His remarks put to rest speculation about whether the regulator had already kicked off the consultation process for the removal of weekly options expiry following some media reports, and come at a time when SEBI has already curtailed weekly expiries for most indices and rejigged expiry days.

Earlier this month, SEBI Chairman Tuhin Kanta Pandey

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