Important information about Tata Chemicals Ltd
All active contracts of Tata Chemicals (TATACHEM) with the expiry dates MAR 20; APR 20 and MAY 20, will now expire on Tuesday, 03 MAR 2020. This is on account of corporate actions of scheme arrangement between TataChem and TataGlobal Beverages.
Please note that the clients will not be allowed to create fresh carry-forward positions from Monday 02-03-2020. Fresh positions in all product types of TATACHEM will not be allowed on Tuesday 03-03-2020.
As per our Risk policy, we do not allow Physical settlement and thus all existing open positions of all the clients will be squared off by our RMS team on Tuesday 03-03-2020, 2.30 PM
Below is the Circular for reference from NSE Clearing for Settlement mechanism.
Exchange will introduce fresh contracts of all expiry dates from Wednesday 04-03-2020.
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