Adjustment of F&O contracts and Bonus Issue of GAIL

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, GAIL (India) Ltd. is issuing 1  bonus share for every 2 existing shares held. The key dates for the Bonus Issue are as follows:

Company NameRecord dateEx-Bonus basis from Date 
GAIL (India) Ltd.07-Sep-2206-Sep-22

In pursuant to the bonus issue of equity shares, the market lot size for F&O contracts of GAIL (India) Ltd. will be revised w.e.f. 07-Sep-22 as follows:

Scrip NameCurrent Market Lot size for F&O contractsRevised Market lot size for F&O contracts
GAIL (India) Ltd.61009150

Refer: NSE circular

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