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In pursuance of SEBI guidelines for adjustments to futures and options contracts on
announcement of corporate action, the members are informed of the following:
Zee Entertainment Enterprises Limited has informed the Exchange that November
12, 2010 has been fixed as record date for the purpose of determination of members
of the Company, who would be eligible for issuance of Bonus Equity Share in the
ratio of 1(one) Equity share of Re.1 each for 1 (one) Equity Share of Re.1 each held
in the Company.
Symbol : ZEEL
Bonus issue ratio : 1:1
Ex-date : November 11, 2010
Adjustment factor:
Adjustment factor for Bonus issue of A: B is defined as (A+B)/B. In the case of
ZEEL, the adjustment factor is (1+1)/1 = 2, since the bonus issue ratio is 1:1.
Adjustments for Options Contracts:
1. Strike Price: The adjusted strike price shall be arrived at by dividing the old
strike price by the adjustment factor.
2. Market Lot: The adjusted market lot shall be arrived at by multiplying the old
market lot by the adjustment factor. The revised market lot would be 2000.
Adjustments for Futures Contracts:
1. Futures price: The adjusted futures price shall be arrived at by dividing the old
futures price by the adjustment factor
2. Market Lot: The adjusted market lot shall be arrived at by multiplying the old
market lot by the adjustment factor. The revised market lot would be 2000.
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