NSE to stop issuance of new futures and options contracts for ZEE

The National Stock Exchange (NSE) said that it will stop the issuance of new futures and options contracts for Zee Entertainment after the expiration of the existing contract, according to a report in Moneycontrol.

In an announcement dated April 16, the NSE stated that contracts for new expiry months for Zee Entertainment will not be issued once the existing contract months expire.

According to the Moneycontrol report, the NSE, in its circular, said that Zee has been excluded from futures and options contracts based on “SEBI Circular Ref. No: SEBI/HO/MRD2/PoD-2/CIR/P/2023/171 dated October 16, 2023 and chapter 3.5 of Exchange circular No.