Adani Total Gas, SJVN and 6 More Stocks to Exit F&O Segment as September Series Begins

As the September Futures & Options (F&O) series begins on August 29, 2025. There are a total of 8 stocks that will not be part of F&O. These stocks include Adani Total Gas, Aditya Birla Fashion and Retail, and SJVN. As a result, these shares will be available only in the cash market.

This change was previously announced by the National Stock Exchange (NSE) via a circular dated June 23.

Stocks Exiting F&O Trading

According to the NSE's notification, no new derivative contracts will be introduced for the following stocks once the current series expires:

Despite being dropped from the F&O segment, these stocks will continue to be tradable in the cash market.

Why are These Stocks Being Removed from F&O?

Stocks can be excluded from the derivatives segment if they no longer meet the eligibility criteria prescribed by exchanges. Some of the key parameters include:

• Not ranking among the top 500 stocks based on average daily market cap and traded value over the past six months.
• Median quarter-sigma order size falling below ₹75 lakh over the last six months.
• Market-wide position limit (MWPL) being less than ₹1,500 crore.
• Average daily turnover in the cash market dropping below ₹35 lakh.

Once removed, a stock must remain compliant with all eligibility norms for 6 consecutive months before it can be reconsidered for inclusion. However, re-entry into the F&O segment is not permitted for at least one year after exclusion.

Also Read: Adani Group Records Strong Q1 FY26 Performance with EBITDA Crossing ₹90,000 Crore

What to Watch on Friday?

With these exclusions taking effect, Adani Total Gas, Aditya Birla Fashion and Retail, CESC, Granules India, IRB Infra, Jindal Stainless, Poonawalla Fincorp, and SJVN are likely to be closely tracked in Friday’s trading session.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.