Important: Expiry and Exclusion of HDFC F&O Contracts
Due to a merger between HDFC Ltd. and HDFC Bank Ltd., the scrip ‘HDFC Limited’ will no longer be available for trading under the Equity Derivatives (F&O) segment. Keeping this in mind, please take note of the following:
-HDFC Ltd. will be delisted on 13th July 2023
-A day prior to this date i.e. on 12th July 2023 all existing HDFC Ltd. open contracts with expiry of July 2023 , August 2023 and September 2023 contracts will automatically expire and physical settlement will be applicable
-If you wish to opt for physical settlement, please ensure you have the required funds/stock by 10th July 2023.
-If fund/stock requirement for physical settlement is not available, we will square-off existing positions after 10 AM on 12th july
-No fresh positions will be allowed from 11th July 2023, onwards.
-Collateral Margins (Margin Pledge) on HDFC Ltd. won’t be available from 7th July 2023 onwards
-Please review your positions and take necessary actions accordingly
This as per an Exchange circular no. NSE/CML/57423 on 4th July.