SEBI reviews minimum contract size in equity derivatives segment

SEBI modifies the framework for determination of lot size for derivatives contracts; States that lot size for derivatives contracts in equity derivatives segment shall be fixed in such manner that contract value of derivative on day of review is within Rs. 5 lacs & Rs. 10 lacs; Prescribes lot size for stock derivatives as multiple of 25 and the lot size for index derivatives as multiple of 5; States that the stock exchanges shall jointly ensure that lot size is same for an underlying traded across exchanges: SEBI