Sun Pharmaceuticals Industries Limited (SUNPHARMA), has announced Bonus Issue in the ratio of 1:1 due to which there would be adjustment in Futures and Options contracts. The ‘adjustment factor’ for the corporate action shall be 2 and the ex-date for the corporate action shall be July 29, 2013.
For Example :
Positions before & after for Futures in Sun Pharma EOD 26th July 2013 & 29th July 2013 :
|
Security |
Expiry Date | Long position EOD 26.07.2013 | Short position EOD 26.07.2013 | A | Long position | Short position |
|
Symbol |
Day |
on 29.07.2013 |
on 29.07.2013 |
|||
|
After |
||||||
| SUNPHARMA |
29-Aug-13 |
1000 |
0 |
2000 |
0 |
|
| SUNPHARMA |
26-Sep-13 |
0 |
1000 |
0 |
2000 |
|
| SUNPHARMA |
31-Oct-13 |
0 |
2000 |
0 |
4000 |
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