Adjustment of Futures and Options contracts in the security Larsen & Toubro Limited (LT)

Adjustment of Futures and Options contracts in the security Larsen & Toubro Limited (LT)

l&-T-logoExchange has informed that there would be adjustment of Futures and Options contracts in the security Larsen & Toubro Limited (LT), on account of Bonus Issue in the ratio of 1:2. The ‘adjustment factor’ for the corporate action shall be 1.5 and the ex-date for the corporate action shall be July 11, 2013.

For eg.

Adjustment Factor  : One  shares for  every Two  shares

Lot size As on 10.07.2013 End of  Day Adjusted lot size Position  As on 11.07.2013
LT Futures Position

1000

1500

LT Options lot size

1000

1500

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