Description
BSE announces contract parameters for Futures & Options on 8 individual securities including Adani Power, Cochin Shipyard, Hyundai Motor India, and others, effective May 4, 2026.
Summary
BSE has issued an update to Exchange Notice No. 20260413-46 (dated April 13, 2026), specifying the detailed contract parameters for Futures & Options (F&O) contracts on 8 individual securities in the Equity Derivatives segment. These contracts will be available for trading with effect from May 04, 2026.
Key Points
- Eight new individual securities are being introduced in the Equity Derivatives (F&O) segment from May 4, 2026
- Contract parameters include market lot sizes and strike price intervals for each security
- Contract details will be available in the derivatives contract master file generated at end of day on April 30, 2026
- The contract master file is accessible via BSE extranet and the BseIndia website
- This notice updates the earlier Exchange Notice No. 20260413-46 dated April 13, 2026
Contract Parameters
| Sr. No. | Scrip Code | Underlying Name | Asset Code | Market Lot | Strike Price Interval |
|---|---|---|---|---|---|
| 1 | 533096 | Adani Power Limited | ADPW | 3,550 | 2.5 |
| 2 | 540678 | Cochin Shipyard Limited | COSH | 400 | 20 |
| 3 | 544274 | Hyundai Motor India Limited | HMIL | 275 | 20 |
| 4 | 532892 | Motilal Oswal Financial Services Limited | MOFS | 775 | 10 |
| 5 | 540767 | Nippon Life India Asset Management Limited | NAMI | 625 | 20 |
| 6 | 544307 | Vishal Mega Mart Limited | VMML | 4,850 | 1 |
| 7 | 500033 | Force Motors Limited | FOML | 25 | 500 |
| 8 | 500163 | Godfrey Phillips India Limited | GDPI | 275 | 20 |
Regulatory Changes
The introduction of F&O contracts on these 8 securities expands the equity derivatives universe on BSE. Each security will have a minimum of 07/01/2007 strikes (ITM-ATM-OTM structure). Notable variations in market lot sizes reflect the differing price ranges and liquidity profiles of the underlying securities — from a high of 4,850 lots for Vishal Mega Mart to a low of 25 lots for Force Motors.
Compliance Requirements
- Trading Members must update their systems with the new contract parameters before trading commences on May 4, 2026
- Members should download the updated derivatives contract master file from the BSE extranet or BseIndia website after end of day on April 30, 2026
- All trading in these new contracts must adhere to the specified market lot sizes and strike price intervals
Important Dates
- April 13, 2026: Original Exchange Notice No. 20260413-46 announcing introduction of F&O on 8 securities
- April 30, 2026: Derivatives contract master file generated with full contract details (end of day)
- May 4, 2026: F&O contracts on all 8 securities go live for trading
Impact Assessment
This circular has significant market impact as it expands derivative hedging and speculation opportunities across 8 diverse securities spanning energy (Adani Power), shipbuilding (Cochin Shipyard), automotive (Hyundai Motor India, Force Motors), financial services (Motilal Oswal, Nippon Life AMC), retail (Vishal Mega Mart), and FMCG (Godfrey Phillips). Traders and institutional investors will gain new instruments for portfolio hedging, income generation via options writing, and leveraged exposure. The varied lot sizes and strike intervals are calibrated to each stock’s price level and expected volatility.
Impact Justification
Introduces F&O trading on 8 new individual securities effective May 4, 2026, directly expanding derivatives market access and affecting trading strategies for these stocks.