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TATA CHEMICALS Scheme of arrangements in the Futures & Options Contracts .


Posted on 02-Mar-2020 Comments  0

Dear Client

Greetings From Trade plus!!!

We wish to notify that, Tata Chemicals Limited (TATACHEM) is undergoing a corporate action for allotment of fully paid-up equity shares and the Corporate action Ex-date: March 04, 2020. Please click here to read the exchange circular dated 25, February 2020, and the following adjustments are carried out in the Futures and Options Contracts of TATACHEM.

1. F&O contracts with expiry date March 26, 2020, April 30, 2020, and May 28, 2020, will expire on March 03, 2020. The clients are requested to square off the contracts, if not contracts will be squared off by the admin to avoid the physical settlement of the contracts.

2. The expiry date on our trading platform would display the original dates i.e. March 26, 2020, April 30, 2020, and May 28, 2020, however, the contract will be available for trading only till March 03, 2020. On March 03, 2020. Existing contracts will be on square off mode (NRML), and fresh intraday trades are allowed through MIS product.

3. Derivatives contracts on TATACHEM shall be introduced again with the expiry dates- March 26, 2020, April 30, 2020, and May 28, 2020, from March 04, 2020, onwards, it is the ex-date of the underlying. The list of new option strikes will be updated on the same day.

We request you to kindly take note of the same and square off contracts on or before 3 PM on Tuesday 3, March 2020. In case of any clarification, you may please contact us on 044-49427576 or write to us at  support@tradeplusonline.com.


With best regards,

Tradeplus Team


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