NMDC has fixed a Record Date of October 28, 2022 for the purpose of issuance and allotment of 1 (one) equity share of Rs. 10/- each of NMDC Iron & Steel Limited for every 1 (one) equity share of face value of Rs 10 each to shareholders of NMDC Limited.
⦁ What will happen to F&O open positions in NMDC Limited?

- All existing contracts with expiry dates October 27, 2022, November 24, 2022 and December 29, 2022 will expire on October 25, 2022.
- You can mark your existing positions for physical delivery before 11 am or square off on ICICIdirect on October 25, 2022. If neither of the above actions are completed on October 25, 2022, ICICIdirect systems will attempt to close the buy/sell Options position at 12:30 pm & buy/sell Futures position at 2:30 pm.

⦁ When will the new contracts be available for trade?
⦁ New derivatives contracts on NMDC shall be introduced from October 27, 2022 (with expiry October 27, 2022, November 24, 2022 and December 29, 2022)

⦁ What will be the new Strike price & lot size for Options?