FUTURES AND OPTIONS SEGMENT Circular No.069/2011 Sub: Adjustment of Futures and Options contracts in the security HDFCBANK Date: July 13, 2011

Download No: 18354

Prakriti Dabral Altaf Shaikh Sachin Dhar 022-26598180 022-26598151 022-26598152

In pursuance of SEBI guidelines for adjustments to futures and options contracts on announcement of corporate action and in continuation to NSE circular no. 066/2011 dated July 8, 2011, members are informed of the following: HDFC Bank Limited has informed the Exchange that the Shareholders of the Bank at the Annual General Meeting held on July 6, 2011 have approved the sub division of 1(one) equity share of the Bank having nominal value of Rs. 10/- each into 5 equity shares of nominal value of Rs. 2/- each. Further, the Bank has fixed July 16, 2011 as the Record Date for the purpose of ascertaining the eligible shareholders who would be entitled to receive 5 (Five) equity shares of nominal value of Rs.2/- each in lieu of 1 (One) equity share of nominal value of Rs.10/- each of the Bank on Sub-division. Symbol Stock split ratio Ex-date

: HDFCBANK : 10:2 : July 14, 2011

Adjustment factor: 022-26598449

Adjustment factor for Stock split of A:B is defined as (A/B). In the case of HDFCBANK, the adjustment factor is (10/2) = 5, since the split ratio is 10:2. Adjustments for Options Contracts:

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No of Pages: 5

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 625. 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 625.

The methodology for position adjustments has been separately intimated by NSCCL. The above changes shall be effective from July 14, 2011. Members are advised to load the updated contract.gz file in the trading application before trading on July 14, 2011. This file can be obtained from the directory faoftp/faocommon on the Extranet server. The revised Quantity Freeze limit for contracts of HDFCBANK with effect from July 14, 2011 will be 87500. The details of the revised option strike prices available for trading in the security HDFCBANK on July 13, 2011 are given in Annexure- I.

For and on behalf of National Stock Exchange of India Limited

Suprabhat Lala Vice President

Annexure-1

SR N0

INSTRUMENT

SYMBOL

EXPIRY DATE

OLD STR PRICE

REVISED STR PRICE

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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 OPTSTK

HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK

28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 28-Jul-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11

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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 OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK

HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK

25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 25-Aug-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11

2050 2100 2150 2200 2250 2300 2350 2400 2450 2500 2550 2600 2650 2700 2750 2800 2850 2900 2950 3000 3050 1500 1550 1600 1650 1700 1750 1800 1850 1900 1950 2000 2050 2100 2150 2200 2250 2300 2350 2400 2450 2500 2550 2600 2650 2700 2750 2800

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92 93 94 95 96

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HDFCBANK HDFCBANK HDFCBANK HDFCBANK HDFCBANK

29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11 29-Sep-11

2850 2900 2950 3000 3050

570 580 590 600 610