SEBI reviews framework for adjustment in derivative contracts for dividend announcements
- Blog|News|Company Law|
- < 1 minute
- By Chetan Kulasri
- |
- Last Updated on 29 June, 2022
Latest from Taxmann
Circular No. SEBI/HO/MRD2/MRD2_DCAP/P/CIR/2022/90, Dated: 28.06.2022
The SEBI had laid down a framework for adjustment in derivative contracts (single stock options and futures) post dividend announcements. Now, the SEBI has reviewed the framework for adjustment in derivative contracts for dividend announcements. The SEBI has clarified that the adjustment in derivative contracts shall be carried out in cases where dividends declared are at or above 2% of the market value of the underlying stock. The circular shall be effective from June 29, 2022.
Click Here To Read The Full Circular
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
CA | CS | CMA
