IRCTC to be out of F&O list from February 25, 2026

Futures and Options (F&O) contracts on Indian Railway Catering and Tourism Corporation Ltd (IRCTC) will be discontinued in a phased manner, following a review under the revised stock eligibility norms issued by the Securities and Exchange Board of India (SEBI).  NSE will not issue new expiry month contracts for IRCTC once the current series expires. IRCTC is the online ticketing, catering, and tourism arm of Indian Railways and is a widely tracked public-sector stock in the cash market.

However, existing unexpired contracts—with expiries in December 2025, January 2026, and February 2026—will remain available for trading until their respective expiry dates. Exchanges will also continue to introduce new strikes in these live contract months.

NSE in a circular issued on Monday said, “the existing unexpired contracts of expiry months December 2025, January 2026 and February 2026 would continue to be available for trading till their respective expiry and new strikes would also be introduced in the existing contract months”.

After the expiry of the February 2026 series, no F&O contracts on IRCTC will be available for trading with effect from February 25, 2026.