What are the companies that NSE is dropping from the F&O list?

The NSE has announced that the following 2 stocks will not be available for F&O trading after the expiry of existing 3 contract months of April, May and June 2022.

· Alembic Pharmaceuticals Limited (NSE Code: APLLTD)

· Strides Pharma Science Limited (NSE Code: STAR)

Currently, there are April 2022 (near month), May 2022 (mid-Month) and June 2022 (far month) in existence, but there will be no F&O contracts after each of these contracts expire on their respective last Thursdays of the month. Since the June expiry falls on 30th June, there will be no F&O expiries available for trading for the stocks of Alembic Pharmaceuticals Limited and Strides Pharma Science Limited with effect from July 01, 2022.