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28 May 2018, 12:30 PM
Adjustment of F&O contracts in Tata Consultancy Services (TCS)
Tata Consultancy Services (TCS) Limited is issuing Bonus with a ratio of 1:1 i.e. One bonus share against one existing equity shares held.
The adjustment factor is (1+1)/1 = 2, since the bonus issue ratio is 1:1. The revised market lot would be 500.
This change will be effective from May 31, 2018.
Read the Exchange Circular here
Read more about the corporate action in this post