IDFC Limited (IDFC) - Corporate Action
As per NSE’s Circular, due to corporate action (Amalgamation) shares of IDFC Ltd will be suspended from trading w.e.f 10-Oct-2024. Last day of trading IDFC Ltd. will be 09-Oct-2024.
Also, with reference to subsequent NSE’s Circular, the IDFC limited security will be excluded from Equity derivative Segment and all the existing contracts of expiry months October 2024, November 2024 and December 2024 will expire on 09-Oct-2024.
If you have any existing open positions in these contracts, kindly take the below steps:
- Maintain 100% margin (Full contract value) on or before 09-Oct-2024 to avoid RMS square-off and/or margin shortfall penalty.
- Square-off any existing open positions by 09-Oct-2024 to avoid physical settlement and/or margin shortfall penalty.
We request you to take appropriate action as per your investments.