NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : FUTURES & OPTIONS Download Ref No : NSE/FAOP/ 35254
Date : June 30, 2017
Circular Ref. No : 72/2017
All Members, Adjustment of Futures and Options contracts in the security PETRONET In pursuance of SEBI guidelines for adjustments to futures and options contracts on announcement of corporate action, the members are informed of the following: Petronet LNG Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 09, 2017, the Board has also declared issue of Bonus share(s) in the ratio of 1:1 on Rs. 10/- each fully paid up Equity Share and has also approved increase of Authorised Share Capital of the Company subject to the approval of Shareholders of the Company. Further, the company has fixed Record Date as July 04, 2017 for the purpose of Bonus issue. Symbol Bonus issue ratio Ex-Date
: PETRONET : 1:1 : July 03, 2017
Adjustment factor: Adjustment factor for Bonus issue of A: B is defined as (A+B)/B. In the case of PETRONET, 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 3000. 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 3000. The above changes shall be effective from July 03, 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 July 03, 2017. This file can be obtained from the directory faoftp/faocommon on the Extranet server. The revised Quantity Freeze limit for contracts of PETRONET will be 210,000 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 PETRONET 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. 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 40 41
Instrument
Symbol
Expiry Date
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
PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET
27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 27-JUL-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017
Old Strike Price 270 280 290 300 310 320 330 340 350 360 370 380 390 400 410 420 430 440 450 460 470 480 490 500 510 520 530 270 280 290 300 310 320 330 340 350 360 370 380 390 400
New Strike Price 135 140 145 150 155 160 165 170 175 180 185 190 195 200 205 210 215 220 225 230 235 240 245 250 255 260 265 135 140 145 150 155 160 165 170 175 180 185 190 195 200
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
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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
PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET PETRONET
31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 31-AUG-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017 28-SEP-2017
410 420 430 440 450 460 470 480 490 500 510 520 530 270 280 290 300 310 320 330 340 350 360 370 380 390 400 410 420 430 440 450 460 470 480 490 500 510 520 530
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
205 210 215 220 225 230 235 240 245 250 255 260 265 135 140 145 150 155 160 165 170 175 180 185 190 195 200 205 210 215 220 225 230 235 240 245 250 255 260 265
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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
PETRONET
5
9-1-9
9
Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
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