Reliance Industries is set to demerge... [Jul 17,2023]
Reliance Industries is set to demerge its financial arm and has fixed July 20th as record date for this. Due to the Corporate action the following will occur:
a) All existing Reliance F&O contracts will expire on 19th July, 2023
b) All Derivative contracts on Reliance shall be again introduced from July 20,2023
c) Fresh positions in Reliance F&O will be blocked from today
d) Existing contracts will attract physical delivery margins and they will be charged as per our margin policy
e) All existing contracts are put under square off mode and will be cut by RMS if any shortfall arises as per our policy
e) The expiry date on the Marketwatch will continue to display the old expiry date but the contract will be available for trading only till the revised expiry date.
