Tuesday, June 28, 2022 11:47 am
As per NCL circular reference NCL/CMPT/52374 dated 23rd May, 2022 and
NSE circular NSE/FAOP/52732 dated 24th June 2022 note the following updates
- The maturity date of Indian Oil Corporation Limited (IOC) contracts expiring in June 2022 shall be 29th June, 2022. You can refer to the Exchange circular [** here**](https://marketing-creative-and-docs.s3.ap-south-1.amazonaws.com/IOC_CMPT52737.pdf)
- Adjustments in open F&O positions in IOC shall be carried out only for contracts expiring in July 2022 & August 2022. To know more about these adjustments, refer to this circular [** here**](https://archives.nseindia.com/content/circulars/CMPT52374.pdf)
- If you have any open IOC F&O positions with June expiry, physical settlement will be applicable. Provide consent for physical settlement before 28th June 2022 or square of your positions or square off your position(s) before 12 PM on 29th June. [** Tap here to know more**](https://upstox.com/announcements/risk-management/important-update-on-physical-settlements-of-contracts-with-a-june-2022-expiry/)
