Adjustment of F&O contracts and Bonus Issue of AKI
Bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
As per the recent BSE circular, AKI India Ltd. is issuing 3 bonus shares for every 10 existing shares held. The key dates for the Bonus Issue are as follows:
Company Name | Record date | Ex-Bonus basis from Date |
AKI India Ltd. | 20-Jul-22 | 19-Jul-22 |
In pursuant to the bonus issue of equity shares, the market lot size for F&O contracts of AKI India Ltd. will be revised w.e.f. 19-Jul-22 as follows:
Scrip Name | Current Market Lot size for F&O contracts | Revised Market lot size for F&O contracts |
AKI India Ltd. | 5000 | 6500 |
Refer: BSE circular