F-and-O-Segment - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/tags/f-and-o-segment/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usThu, 16 Apr 2026 00:00:00 +0000NSE Excludes SAMMAANCAP from Futures and Options Segmenthttps://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-16-72b157e94eea2fe8-exclusion-of-futures-and-options-contract-on-sammaancap/Thu, 16 Apr 2026 00:00:00 +0530https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-16-72b157e94eea2fe8-exclusion-of-futures-and-options-contract-on-sammaancap/NSE announces exclusion of Futures and Options contracts on Sammaan Capital Limited (SAMMAANCAP), with no new expiry months to be issued after existing June 2026 contracts. All F&O trading ceases from July 1, 2026.nsetradinghighhighhigh72b157e94eea2fe8https://nsearchives.nseindia.com/content/circulars/FAOP73769.pdfSAMMAANCAPfutures-and-optionsexclusionderivativessammaancapsammaan-capitalf-and-o-segmentcontract-expirySummary

NSE has announced the exclusion of Futures and Options (F&O) contracts on SAMMAAN CAPITAL LIMITED (SAMMAANCAP) from the derivatives segment. No new expiry month contracts will be issued once the existing contracts expire. All F&O trading in SAMMAANCAP will cease effective July 1, 2026, following the expiry of the June 2026 contracts.

Key Points

  • SAMMAANCAP (Sammaan Capital Limited) is being excluded from the NSE Futures & Options segment.
  • No new expiry month contracts will be introduced after the currently existing contract months expire.
  • Existing contracts for April 2026, May 2026, and June 2026 will continue to trade until their respective expiry dates.
  • New strikes may still be introduced within the existing April, May, and June 2026 contract months.
  • From July 1, 2026, no F&O contracts will be available for trading in SAMMAANCAP.

Regulatory Changes

This exclusion is pursuant to:

  • SEBI Circular Ref. No: SEBI/HO/MRD-PoD2/CIR/P/2024/00181 dated December 30, 2024, which governs eligibility criteria for stocks in the derivatives segment.
  • NSE Exchange Circular No. NSE/FAOP/67775 dated April 30, 2025, Chapter 3.5, which outlines the stock eligibility framework.

SAMMAANCAP no longer meets the eligibility criteria required to maintain its presence in the F&O segment.

Compliance Requirements

  • Exchange Members must note that no new contracts for future expiry months will be issued for SAMMAANCAP beyond June 2026.
  • Members with existing open positions in April, May, or June 2026 contracts may continue to trade and manage those positions until their respective expiry.
  • Members should inform clients holding SAMMAANCAP derivative positions of the upcoming exclusion and the final trading deadline.

Important Dates

Date Event
April 2026 expiry Last day to trade April 2026 SAMMAANCAP F&O contracts
May 2026 expiry Last day to trade May 2026 SAMMAANCAP F&O contracts
June 2026 expiry Last day to trade June 2026 SAMMAANCAP F&O contracts
July 1, 2026 No SAMMAANCAP F&O contracts available for trading

Impact Assessment

For Traders and Investors: Participants holding or planning to initiate positions in SAMMAANCAP futures or options must wind down or exit all positions by the June 2026 expiry. No rollover to July or subsequent months will be possible.

For Market Liquidity: Exclusion from the F&O segment may reduce speculative interest and hedging activity in the underlying SAMMAANCAP equity stock, potentially affecting its liquidity and price discovery.

For Arbitrageurs: Cash-futures arbitrage strategies involving SAMMAANCAP will no longer be viable from July 2026 onwards.

Operational Impact: Brokers and clearing members need to update their systems and client communications to reflect the contract exclusion timeline and ensure no new positions are opened in disallowed expiry months.

]]>