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12 Jul 2022, 07:00 PM
Adjustment of Futures and Options contracts of RELIANCE
RELIANCE Ltd will be issuing 1 (one) equity share of Rs.10/- each of Reliance Strategic Investments Limited for every 1 (one) equity share of face value of Rs.10/- each to shareholders of RELIANCE Ltd.
Symbol: RELIANCE
Ex-date: July 20, 2023
All existing contracts with expiry dates July 27, 2023, August 31, 2023 and September 28, 2023, will expire on July 19, 2023.
Derivatives contracts on RELIANCE shall be introduced again (with expiry July 27, 2023, August 31, 2023 and September 28, 2023) from July 20, 2023, being the ex-date of the underlying. The list of option strikes from which specific strike prices would be made available for trading on July 20, 2023, shall be intimated to the trading members through a separate circular to be issued on July 19, 2023 aftermarket hours.
Note:
- The RELIANCE contracts will undergo physical settlement and physical delivery margins will be charged for open positions as per our policy.
- The expiry date on the Marketwatch will continue to display as the old expiry date but the contract will be available for trading only till the revised expiry date.
For more details, please check the circular here.