Adjustment of Futures & Options Contracts in Siemens Limited
Siemens Limited has informed the Exchange that it has fixed 7 April 2025 as the Record Date for the issuance and allotment of 1 fully paid-up equity share of Siemens Energy India Limited for every 1 equity share of Siemens Limited held by existing shareholders.
Due to this corporate action, please take note of the following impact on your F&O contracts:
- All Siemens Limited F&O contracts with expiry dates 24 April, 29 May, and 26 June, 2025, shall expire on 4 April, 2025, and will be physically settled as per Exchange rules.
- The Clearing Corporations will separately intimate the methodology of settlement.
- No fresh positions will be allowed in the F&O segment of Siemens Limited from 3 April 2025 onward.
- Siemens Limited positions with insufficient fund value or stock (in case of short positions) will be squared off anytime after 10 AM on 4 April, 2025, on a best-effort basis.
- Collateral margins on Siemens Limited will be subject to a 50% haircut from 4 April 2025 onward.
- All MTF positions in Siemens Limited will be squared off or converted to delivery, based on fund availability, post 10 AM on 4 April, 2025, on a best-effort basis.
- New F&O contracts on Siemens Limited (with expiry 24 April, 29 May, and 26 June, 2025) will be introduced from 7 April, 2025 onwards.
- The range of option strike prices available for trading from 7 April 2025, will be communicated via a separate circular on 4 April 2025, after market hours.
You can also refer to the circular here