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Thursday, March 19, 2009

Akruti City out of Futures and Options


In accordance with Circular no. NSE/SURV/12/2009 dated March 19, 2009 members are requested to note that Exchange has decided to exclude the scrip Akruti City Limited (AKRUTI) from equity derivatives segment.

Thus, fresh month contracts will not be introduced for the expiry month June 2009 on the expiration of March 2009 contracts. All existing contracts i.e. contracts with expiry dates April 30, 2009 and May 28, 2009 will expire on March 26, 2009. Accordingly, no futures and options contracts will be available in the underlying AKRUTI for trading from March 27, 2009 onwards. The methodology for position adjustments shall be separately intimated by NSCCL.

The security will continue to be available for trading in the capital market segment.