Bajaj Finance bonus, split issue: How F&O contracts will get adjusted

Bajaj Finance's stock split and 4:1 bonus issue will take effect on June 16, turning 1 share into 10 shares.

NSE will adjust F&O contracts with a factor of 10 to maintain contract value.

Futures: Price ÷ 10, lot size × 10 (June lot = 1,250; July onwards = 750).

Options: Strike prices ÷ 10, lot size × 10; no change in overall value for holders.