The National Stock Exchange of India Limited (NSE), on April 30, 2026, issued a circular updating the multiplier for derivatives contracts on the stock LUPIN, in continuation of its earlier circular dated April 08, 2026.
As per the revision effective May 1, 2026, the contract multiplier for LUPIN derivatives will be increased from 3 to 5 for May 2026 and June 2026 expiries, while it will remain unchanged at 3 for July 2026 and subsequent expiries.
The circular also specifies that day spread order books will not be available for certain expiry combinations, including May–July 2026, June–July 2026, and June–August 2026. Members are required to update their trading systems by loading the revised contract file prior to trading.
[Circular Ref. No. 108/2026 | Download Ref No. NSEIFSC/TRADE/2574]
