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24 Apr 2017, 12:00 AM
Suspension of trading- Cairn India Limited (CAIRN)
Cairn India Limited (CAIRN) is undergoing a scheme of arrangement. As such, the security will stop trading w.e.f. 26th April 2017. The derivative contracts for this security currently trading (with expiry dates 27th April 2017, 25th May 2017 and 29th June 2017) will expire on 25th April 2017 and no further contracts will be introduced.
Note: CAIRN shareholders on the record date (27.04.2017) will become shareholders of Vedanta (VEDL) and also receive an interim dividend of Rs. 17.70 per equity share.
Please find the circular for the same here: https://goo.gl/59BY9v