Exclusion of RCOM from Equity derivatives

#1

All existing Futures & options contracts of RCOM (Reliance Communications limited), across all expiry months, shall expire on February 28th, 2019.

March 01, 2019, onward, no F&O contracts in RCOM will be available for tradgin.

#2

What’s the reason

#3

RCOM is filing for bankruptcy.

Check out their press release here.

#4

End of an era

#5

Thank you.

A bankrupt company by bsheet. 55000 cr outstanding. Its a surprise why it wasnt banned earlier

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