Will zerodha need margins for my scenario as described?

Today gail cash price is 101
I want to buy Gail July 105 CA at 4.90 (and lot size is 6100; so 6100x4.90 = 30k and I have sufficient funds for it in my zerodha account.)

and, sell the Gail July 110 CA at 2.90 (Will i need to put additional margin for this because it is just an arbitrage)?

Please confirm.

@nithin sir kindly confirm how it works or connect me to someone in your team to help me getting this through.

You will need margins for this trade. You can use Margin Calculator to calculate the margins.