Final Reminder: F&O Lot Size Changes for BANKNIFTY & MIDCPNIFTY

As previously communicated, please be reminded of the upcoming changes to the F&O lot sizes for BANKNIFTY and MIDCPNIFTY, effective from 25 April 2025:

Revised Lot Sizes:

Key points to note:

1. No Fresh Positions: Starting 23 April 2025, no new positions in BANKNIFTY options with expiries on 25 Sept 2025, 24 Dec 2025, or 26 Mar 2026 will be permitted.
2. Long (Option Buy) Positions: If you hold long positions in BANKNIFTY options with the above expiries, please square them off by 24 April 2025. Failure to do so may result in these positions becoming non-tradable post the lot size revision.
3. Short (Option Sell) Positions: Ensure your existing short positions are in multiples of the revised lot sizes by 24 April 2025, 2:00 PM. Non-compliant positions may be subject to increased margin requirements and could be squared off partially or fully post the deadline.

Action required:
✅ Square off or adjust your positions to align with the revised lot sizes before 24 April 2025 to avoid any disruptions.