Adjustment of Futures and Options contracts in the security BHARTIARTL


Bharti Airtel Limited (BHARTIARTL) has informed the Exchange that Board of Directors at its meeting held on February 28, 2019, has decided to issue equity shares on rights basis in the ratio of 19 : 67, i.e 19 Equity Shares for every 67 Equity Shares held. Issue Price is 220 per share. Further the company has fixed Record Date as April 24, 2019 for the purpose of determining the shareholders who will be eligible to apply for the Issue.

Symbol : BHARTIARTL

Rights ratio : 19:67

Ex-date : April 23, 2019

Adjustments for Options Contracts:

1. Strike Price: The adjusted strike price shall be arrived at by multiplying the old strike price by the adjustment factor.

2. Market Lot: The adjusted market lot shall be arrived at by dividing the old market lot by the adjustment factor. The revised market lot would be 1845.

Adjustments for Futures Contracts:

1. Futures price: The adjusted Futures base price shall be arrived at by multiplying the old Futures base price by the adjustment factor.

2. Market Lot: The adjusted market lot shall be arrived at by dividing the old market lot by the adjustment factor. The revised market lot would be 1845.

FAOP40740

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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