Adjustment in derivative contracts for dividend announcements

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..... e 21, 2001, SMDRP/DC/CIR-15/02 dated December 18, 2002 and CIR/MRD/DoP-1/P/00108/2018 dated July 05, 2018, has inter-alia, laid down a framework for adjustment in derivative contracts (single stock options and futures) post dividend announcements. 2. SEBI has been receiving representations from various stakeholders requesting to review the framework for adjustment in derivative contracts for divi .....

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..... Corporations are directed to: a) take necessary steps to put in place systems for implementation of the circular, including necessary amendments to the relevant bye-laws, rules and regulations; b) bring the provisions of this circular to the notice of their members and also disseminate the same on their websites; and c) confirm to SEBI, that the of the provisions of this circular have been i .....

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