Overview
Announcements

Suspension Removal | SUNDARAM CLAYTON NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARE | 22nd November 2023

Please be informed that subject to Solactive’s Disruption Policy, SUNDARAM CLAYTON NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARE will be removed from Solactive administered indices at a price of ZERO. The stock SUNDARAM CLAYTON NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARE was added into the index due to the Spin-off by TVS HOLDINGS LTD, and has yet to trade on the exchange since the Ex date on March 24, 2023. Removal date (open): November 22, 2023.

The treatment below will be applied to the following indices:

  • SUNDARAM CLAYTON NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARE (SUNDSpinCo2.NS) will be removed from the Index at a price of zero.
  • Effective Date (open): 22/11/2023

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