Revision of settlement mechanism in Equity Derivatives segment
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
DEPARTMENT : FUTURES & OPTIONS
Download Ref No : NSE/FAOP/37594 Date : April 23, 2018
Circular Ref. No : 37/2018
All Members,
Revision of settlement mechanism in Equity Derivatives segment
Members are advised to note that based on review of framework for stocks in Derivatives Segment as prescribed by SEBI vide circular no. SEBI/HO/MRD/DP/CIR/P/P/2018/67 dated April 11, 2018, the following securities are liable to be settled physically:
| Sr No | Symbol | Security | ||||
| 1 | ADANIPOWER | ADANI POWER LIMITED | ||||
| 2 | AJANTPHARM | AJANTA PHARMA LIMITED | ||||
| 3 | ALBK | ALLAHABAD BANK | ||||
| 4 | ANDHRABANK | ANDHRA BANK | ||||
| 5 | BALRAMCHIN | BALRAMPUR CHINI MILLS LIMITED | ||||
| 6 | BEML | BEML LIMITED | ||||
| 7 | BERGEPAINT | BERGER PAINTS (I) LIMITED | ||||
| 8 | CANFINHOME | CAN FIN HOMES LIMITED | ||||
| 9 | CGPOWER | CG POWER AND INDUSTRIAL SOLUTIONS LIMITED | ||||
| 10 | CHENNPETRO | CHENNAI PETROLEUM CORPORATION LIMITED | ||||
| 11 | DCBBANK | DCB BANK LIMITED | ||||
| 12 | GODFRYPHLP | GODFREY PHILLIPS INDIA LIMITED | ||||
| 13 | GODREJIND | GODREJ INDUSTRIES LIMITED | ||||
| 14 | GRANULES | GRANULES INDIA LIMITED | ||||
| 15 | GSFC | GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED | ||||
| 16 | HEXAWARE | HEXAWARE TECHNOLOGIES LIMITED | ||||
| 17 | HCC | HINDUSTAN CONSTRUCTION COMPANY LIMITED | ||||
| 18 | IDBI | IDBI BANK LIMITED | ||||
| 19 | IFCI | IFCI LIMITED | ||||
| 20 | JPASSOCIAT | JAIPRAKASH ASSOCIATES LIMITED | ||||
| 21 | JUSTDIAL | JUST DIAL LIMITED | ||||
| 22 | KSCL | KAVERI SEED COMPANY LIMITED | ||||
| 23 | KPIT | KPIT TECHNOLOGIES LIMITED | ||||
| 24 | MGL | MAHANAGAR GAS LIMITED | ||||
| 25 | MRPL | MANGALORE REFINERY AND PETROCHEMICALS | ||||
| LIMITED | ||||||
| 26 | NHPC | NHPC LIMITED | ||||
| 27 | NIITTECH | NIIT TECHNOLOGIES LIMITED | ||||
| 28 | OIL | OIL INDIA LIMITED |
| 29 | OFSS | ORACLE FINANCIAL SERVICES SOFTWARE LIMITED |
| 30 | ORIENTBANK | ORIENTAL BANK OF COMMERCE |
| 31 | PTC | PTC INDIA LIMITED |
| 32 | PVR | PVR LIMITED |
| 33 | RCOM | RELIANCE COMMUNICATIONS LIMITED |
| 34 | RNAVAL | RELIANCE NAVAL AND ENGINEERING LIMITED |
| 35 | RPOWER | RELIANCE POWER LIMITED |
| 36 | REPCOHOME | REPCO HOME FINANCE LIMITED |
| 37 | SIEMENS | SIEMENS LIMITED |
| 38 | SREINFRA | SREI INFRASTRUCTURE FINANCE LIMITED |
| 39 | SRF | SRF LIMITED |
| 40 | SYNDIBANK | SYNDICATE BANK |
| 41 | RAMCOCEM | THE RAMCO CEMENTS LIMITED |
| 42 | TORNTPOWER | TORRENT POWER LIMITED |
| 43 | TV18BRDCST | TV18 BROADCAST LIMITED |
| 44 | UBL | UNITED BREWERIES LIMITED |
| 45 | VGUARD | V-GUARD INDUSTRIES LIMITED |
| 46 | WOCKPHARMA | WOCKHARDT LIMITED |
In view of the above, members are requested to note that all new expiry month contracts issued in the above securities after expiry of April contracts (i.e. July Expiry onwards) shall be physical settled. However, the existing unexpired contracts of expiry months April 2018, May 2018 and June 2018 and new strikes introduced in such contracts would continue to be available for trading till their respective expiry under the cash settlement mode.
Details regarding physical settlement shall be separately published by the clearing corporation (NSCCL).
For and on behalf of
National Stock Exchange of India Limited
Abhijeet Sontakke
Senior Manager
| Toll Free No | Fax No | Email id |
| 1800-266-00-53 | +91-22-26598155 | msm@nse.co.in |
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051