Comment on Basics on SLB (Stock Lending & Borrowing)
commented on
13 Jul 2022, 01:23 PM
Hey Abhishek, under Series A – the contract in case there is an AGM / Dividend / Split i.e corporate actions will be foreclosed and the shares will be returned to the lender and only 1 + 2 months rollover is allowed.
Series B – the contract in case there is an AGM / Dividend / Split i.e corporate actions will not be foreclosed and will continue until the period is over for which it is lent and then the shares will be returned to the lender and 1 + 11 months rollover is allowed.