Announcements

REC Limited conducted a meeting with its Board of Directors on 6th November 2020. As per this meeting, it has declared, to the Exchange, an Interim Dividend of Rs. 6 per equity share on equity shares of Rs.10/- each, of the Company.

Adjustments for Futures Contracts:
The base price of the Futures contracts on 13th November 2020, will be reference rate less aggregate amount of dividend i.e. Rs. 6/-. The reference rate for this purpose shall be the daily mark to market settlement price of the relevant futures contract.

Adjustments for Options Contracts:
The full value of the dividend i.e. Rs. 6/- would be deducted from all the cum-dividend strike prices on the ex-dividend date.

To know more, read the circular here.

Note: For all positions taken before 13th November 2020, you may see a slight deviation in c/f average price of RECLTD due to the corporate action mentioned above.

Square off will be at 3.10 PM for Equity Intraday and F&O, 4.45 PM for Currency Derivatives, and at 11.25 PM for MCX. Kindly plan your trades accordingly.

?Up to 15X margins on CO and OCO orders in EQ (for F&O-listed stocks only).
?Up to 12.5X margins on CO and OCO orders in Nifty and Bank Nifty Futures only.
?Up to 10X margins on Intraday orders in EQ (for F&O-listed stocks only).
?Up to 4X margins on Intraday orders in Currency Derivatives.
?Up to 3X margins on Intraday and CO orders in F&O.
?Up to 3X margins on CO orders on Index options (sell side) and up to 2x on buy side.
?Up to 3X margins on Intraday orders in MCX.
?OCO orders are blocked for NSE options and MCX.

Please note that Saturday and Monday, 14th & 16th November 2020 are bank holidays (Muhurat Trading and Bhai Dooj). Hence, all fund withdrawal requests placed after 8 AM on Friday, 13th November 2020, will be processed on Tuesday, 17th November 2020. To utilize our Same-day Fund Withdrawal service and receive your funds on Friday itself, kindly place a withdrawal request before 8 AM on Friday, 13th November 2020.

Square off will be at 3.10 PM for Equity Intraday and F&O, 4.45 PM for Currency Derivatives, and at 11.25 PM for MCX. Kindly plan your trades accordingly.