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19 May 2025, 10:03 AM
Scheme of arrangement in ABFRL
Aditya Birla Fashion and Retail Limited (ABFRL) is undergoing a corporate action for the Scheme of Arrangement (Demerger).
Corporate action Ex-date: May 22, 2025
All existing F&O contracts with expiry dates May 29, 2025, June 26, 2025 and July 31, 2025, will
expire on May 21, 2025. The contracts will be settled by way of physical settlement. You can read more on our policy on physical settlement here.
Note: The expiry date on our trading platform would display the original dates, i.e., May 29, 2025, June 26, 2025, and July 31, 2025; however, the contract will be available for trading only till May 21, 2025. On May 21, 2025, the NRML order type will remain blocked throughout the day(All intraday order types will be available to trade).
Derivative contracts on ABFRL shall be introduced again with expiry dates—May 29, 2025; June 26, 2025; and July 31, 2025 from May 22, 2025, onwards, it is the ex-date of the underlying. The list of new option strikes will be provided one day prior to the ex-date/effective date.
A pre-open call auction session shall be conducted for ABFRL in the capital market segment on May 22, 2025, from 9 AM to 10 AM. This is to determine the opening price of ABFRL, 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. New option strikes will be made available based on the price discovered in the SPOS session of the Capital
Market segment on the ex-date
Refer to the NSE circular here and the adjustment details here.