Friday, August 26, 2022 5:40 pm
Due to an ongoing corporate action with Piramal Enterprises Limited (PEL), keep the following pointers in mind:
For Equity
PEL has declared to the Exchange that it will issue and allot 4 equity shares of ₹10/- each for every 1 equity share (of face value of ₹2) held by PEL shareholders.
- The Record Date for the same is 1st September 2022
For Derivatives (F&O)
All existing contracts with expiry dates 29th September, 27th October and 24th November - 2022 will expire on 29th August 2022. The settlement method will be separately notified to you.
Derivatives contracts on PEL shall be introduced again (with expiry dates - 29th September, 27th October, and 24th November - 2022) from 30th August 2022.
- The list of option strikes that would be made available for trading on 30th August 2022 shall be notified through a separate circular to be issued on 20th August 2022 post market hours.
To know more, refer to the Exchange circular ** here**.
