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July 13, 2023
Caution: De-merger of Reliance Industries Ltd.
Per circulars from BSE and NSE, Reliance Industries Ltd. will demerge w.e.f. 20-Jul-2023.
Due to this de-merger, 1 additional equity share of Reliance Strategic Investments Ltd. will be allotted for every 1 equity share held in Reliance Industries Ltd.
| Name of Company | Symbol | Scrip Code |
| Reliance Industries Ltd. | RELIANCE | 500325 |
Following are the important actions that will take place in regard to the Reliance Industries Ltd. scrip at Angel One.
| Action to be taken | Action date |
| Trading in Reliance Industries Ltd. shares will be allowed under Margin Product with the client having 32% Margin | 14-Jul-2023 |
| 32% Margin will be applicable for F&O segment positions (existing & fresh positions for Reliance Industries Ltd. contracts) | 14-Jul-2023 |
| Existing MTF (Margin Trading Funding) position in Reliance Industries Ltd. Margin will be charged to 32% | 14-Jul-2023 |
| Exposure will be provided against Reliance Industries Ltd. shares after 32% Haircut | 17-Jul-2023 |
| Derivative Option buying under Reliance Industries Ltd. will be discontinued | 17-Jul-2023 |
| In case of any margin shortfall, square-off will be done to the extent of ledger debit/Margin shortage | 17-Jul-2023 |
| Derivatives (Futures/Option) open positions for Reliance Industries Ltd. will be converted into physical delivery if the Exchange allows | 19-Jul-2023 |
| In case of any MTM shortage, the client needs to provide additional collaterals to carry forward the open positions | 20-Jul-2023 |
Caution: All F&O Contracts specifications will display the original expiry date but the contracts will be available to trade till 19-Jul-2023 only, irrespective of the original expiry.
