Adjustment of F&O contracts and Bonus Issue of MOTHERSON

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 NSE circular, Samvardhana Motherson International 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 
Samvardhana Motherson International Ltd.03-Oct-2203-Oct-22

In pursuant to the bonus issue of equity shares, the market lot size for F&O contracts will be revised w.e.f. 03-Oct-22 as follows:

Scrip NameRevised Market lot size for F&O contracts
Samvardhana Motherson International Ltd.6750

Refer: NSE circular

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