Bought arvind 330 call option on yesterday(27 nov)what will happen?

one of my friend bought 330 ce of arvind ltd on 27 November 2018 of December expiry what will be impact of demerger news on this position?
please help.

ARVIND LTD . all f&o positions expired yesterday itself. from today fresh positions are being build based on price discovered for truncated arvind ltd.

means my friend has to create position again right?
thanksss

yes if he wants to remain in truncated Arvind . it is an option .

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