NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : FUTURES & OPTIONS Download Ref No : NSE/FAOP/36552
Date : December 20, 2017
Circular Ref. No : 132/2017
All Members, Adjustment of Futures and Options contracts in the security CASTROLIND In pursuance of SEBI guidelines for adjustments to futures and options contracts on announcement of corporate action, the members are informed of the following: Castrol India Limited has informed the Exchange that the Board of Directors at its meeting held on November 07, 2017 have considered and approved bonus at the ratio of 1 (one) bonus equity share of Rs. 5/- each fully paid up for every 1 (one) existing equity share of Rs. 5/- each fully paid up (i.e. in the ratio 1:1).Further, the company has fixed Record Date as December 23, 2017 for the purpose of bonus equity share. Symbol Bonus issue ratio Ex-Date
: CASTROLIND : 1:1 : December 21, 2017
Adjustment factor: Adjustment factor for Bonus issue of A: B is defined as (A+B)/B. In the case of CASTROLIND, the adjustment factor is (1+1)/1 = 2, since the bonus issue ratio is 1:1. Adjustments for Options Contracts: 1. Strike Price: The adjusted strike price shall be arrived at by dividing the old strike price by the adjustment factor. 2. Market Lot: The adjusted market lot shall be arrived at by multiplying the old market lot by the adjustment factor. The revised market lot would be 2800. Adjustments for Futures Contracts: 1. Futures price: The adjusted futures price shall be arrived at by dividing the old futures price by the adjustment factor. 2. Market Lot: The adjusted market lot shall be arrived at by multiplying the old market lot by the adjustment factor. The revised market lot would be 2800. The above changes shall be effective from December 21, 2017.
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
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Members are advised to load the updated contract.gz file in the trading application before trading on December 21, 2017. This file can be obtained from the directory faoftp/faocommon on the Extranet server. The revised Quantity Freeze limit for contracts of CASTROLIND will be 224000. The details of the revised option strike prices available and revised strike scheme (step value and number of strikes), applicable for trading in the security CASTROLIND are given in Annexure-1 and Annexure-2 respectively.
For and on behalf of National Stock Exchange of India Limited
Abhijeet Sontakke Senior Manager
Toll Free No 1800-266-00-53
Fax No +91-22-26598155
Email id
[email protected]
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
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Annexure-1 Sr No.
Instrument
Symbol
Expiry Date
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39
OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK
CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND
28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017 28-DEC-2017
Old Strike Price 270 275 280 285 290 295 300 305 310 315 320 325 330 335 340 345 350 355 360 365 370 375 380 385 390 395 400 405 410 415 420 425 430 435 440 445 450 455 460
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
New Strike Price 135.00 137.50 140.00 142.50 145.00 147.50 150.00 152.50 155.00 157.50 160.00 162.50 165.00 167.50 170.00 172.50 175.00 177.50 180.00 182.50 185.00 187.50 190.00 192.50 195.00 197.50 200.00 202.50 205.00 207.50 210.00 212.50 215.00 217.50 220.00 222.50 225.00 227.50 230.00 Page 3 of 5
40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81
OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK
CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND
28-DEC-2017 28-DEC-2017 28-DEC-2017 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 25-JAN-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018
465 470 475 300 305 310 315 320 325 330 335 340 345 350 355 360 365 370 375 380 385 390 395 400 405 410 415 420 425 430 435 440 445 450 455 460 465 470 475 300 305 310
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
232.50 235.00 237.50 150.00 152.50 155.00 157.50 160.00 162.50 165.00 167.50 170.00 172.50 175.00 177.50 180.00 182.50 185.00 187.50 190.00 192.50 195.00 197.50 200.00 202.50 205.00 207.50 210.00 212.50 215.00 217.50 220.00 222.50 225.00 227.50 230.00 232.50 235.00 237.50 150.00 152.50 155.00 Page 4 of 5
82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114
OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK
CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND CASTROLIND
22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018 22-FEB-2018
315 320 325 330 335 340 345 350 355 360 365 370 375 380 385 390 395 400 405 410 415 420 425 430 435 440 445 450 455 460 465 470 475
157.50 160.00 162.50 165.00 167.50 170.00 172.50 175.00 177.50 180.00 182.50 185.00 187.50 190.00 192.50 195.00 197.50 200.00 202.50 205.00 207.50 210.00 212.50 215.00 217.50 220.00 222.50 225.00 227.50 230.00 232.50 235.00 237.50
Annexure-2 Symbol
Applicable Step value
No. of Strikes Provided In the money - At the money - Out of the money
No of additional strikes which may be enabled intraday
CASTROLIND
2.5
10-1-10
10
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
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