Exclusion of futures and options contracts in 4 securities

NSE Circular regarding Exclusion of futures and options contracts in 4 securities is summarised.

S.No Symbol Security
1 3I Infotech Limited 3IINFOTECH
2 Hotel Leela Ventures Limited HOTELEELA
3 Neyveli Lignite Corporation Limited NEYVELILIG
4 Tulip Telecom Limited TULIP

However, the existing unexpired contracts of expiry month December 2011, January 2012 and February 2012 would continue to be available for trading.

This circular shall be effective from December 30, 2011

Exclusion of futures and options contracts in 4 securities

Members are advised to note that based on the stock selection/exclusion criteria as prescribed by SEBI vide circular SEBI/DNPD/7/2010/ dated December 31, 2010 and NSE circular No 045/2011 dated May 3, 2011, contracts for new expiry months in the following securities will not be issued on expiry of existing contract months

S.No

Symbol

Security

1

3I Infotech Limited

3IINFOTECH

2

Hotel Leela Ventures Limited

HOTELEELA

3

Neyveli Lignite Corporation Limited

NEYVELILIG

4

Tulip Telecom Limited

TULIP

However, the existing unexpired contracts of expiry month December 2011, January 2012 and February 2012 would continue to be available for trading till their respective expiry and new strikes would also be introduced in the existing contract months.
This circular shall be effective from December 30, 2011.