Satyam kicked out from Futures and Options

Members are advised to note that due to the recent developments in M/s. Satyam Computers Services Limited, the Exchange has decided to exclude the said scrip from equity derivatives segment. Thus, fresh month contracts will not be introduced for the expiry month April 2009 on the expiration of January 2009 contracts. All existing contracts i.e. contracts with expiry dates February 26, 2009 and March 26, 2009 will expire on January 29, 2009. Accordingly, no futures and options contracts will be available in the underlying SATYAMCOMP for trading from January 30, 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.

This circular shall be effective from January 30, 2009.