Adjustment of Futures and Options Contracts in the Security INOX WIND LIMITED (INOXWIND)

Description

NSE circular regarding adjustments to F&O contracts for INOX WIND LIMITED following corporate action

Summary

NSE has announced adjustments to futures and options contracts for INOX WIND LIMITED (INOXWIND) following a corporate action. The circular details the modified contract specifications and adjustments to existing positions.

Key Points

• Contract adjustments implemented for INOXWIND F&O contracts
• Adjustments follow standard NSE procedures for corporate actions
• Existing positions will be adjusted according to prescribed ratios
• New contract specifications become effective from specified date

Regulatory Changes

Standard F&O contract adjustment procedures applied following corporate action in INOXWIND securities.

Compliance Requirements

• Market participants with existing INOXWIND F&O positions must note the adjustments
• Brokers should inform clients about position modifications
• Settlement and margin calculations adjusted accordingly

Important Dates

• Adjustment effective date: As specified in the circular
• Settlement modifications apply from the effective date

Impact Assessment

The adjustments ensure continuity of F&O trading in INOXWIND while maintaining fair market practices. Existing position holders will see their contracts adjusted proportionally, maintaining economic value while reflecting the underlying corporate action.

Impact Justification

Contract adjustments affect existing F&O positions but are routine corporate action adjustments