The stock tumbled 5.59 per cent to Rs 3.88 on BSE.
At NSE, it slipped 6 per cent to Rs 3.85.
On the volume front, 55.15 lakh shares of the company were traded at BSE and over two crore shares changed hands at NSE during the morning trade.
However, the existing contracts for May, June and July will continue to be available for trading till their respective expiry and new option strikes will also be introduced in the existing contract months.
At present, there are over 200 securities available in the F&O segment for trade.
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