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04 Jul 2017, 12:00 AM
Adjustment of F&O contracts in MOTHERSUMI
Motherson Sumi Systems Limited is issuing Bonus with a ratio of 1:2 i.e. One bonus share against the 2 (two) existing equity shares held.
The adjustment factor is (1+2)/2 = 1.5, since the bonus issue ratio is 1:2. The revised market lot would be 3750.
This change will be effective from July 05, 2017.
Read the Exchange Circular here: https://goo.gl/D5H4gy