Standardized lot size for derivative contracts on individual securities

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....and their Clearing Houses/Corporations Dear Sir, SUB: Standardized lot size for derivative contracts on individual securities In consultation with Stock Exchanges, it has been decided to standardize the lot size for derivative contracts on individual securities as under: Price Band (Rs.) Contract Size   Lot Size (No. of units of underlying) Value (Rs. lakh) ≥1....

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....ze of existing contracts shall be carried out as per SEBI circular SMDRP/DC/CIR-15/02 dated December 18, 2002. 3. The Stock Exchanges shall ensure that the lot size is same for an underlying traded across Exchanges. 4. This Circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, read with Section 10 of the Securities....