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12 Jul 2023, 07:00 PM
Early expiry of Reliance F&O contracts on July 19, 2023
Reliance Industries 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.
New derivatives contracts on RELIANCE shall be introduced again (with the same expiry dates July 27, 2023, August 31, 2023, and September 28, 2023) on July 20, 2023. A Pre-open Call Auction Session shall be conducted for RELIANCE in the Capital Market segment on July 20, 2023, from 9 AM to 10 AM. This is to determine the opening price of RELIANCE based on which a minimum of five in-the-money strikes, one at-the-money strike, and five out-of-the-money strikes will be made available to the market. The F&O trading for RELIANCE contracts will start at 10 AM.
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.