Suspension Removal | SUNDARAM-CLAYTON LTD | 21st November 2023
Please be informed that subject to Solactive’s Disruption Policy, SUNDARAM-CLAYTON LTD will be removed from Solactive administered indices at a price of ZERO. The stock SUNDARAM-CLAYTON LTD 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 August 24, 2023. Removal date (open): November 21, 2023.
The treatment below will be applied to the following indices:
- SUNDARAM-CLAYTON LTD (SUNDSpinCo.NS) will be removed from the Index at a price of zero.
- Effective Date (open): 21/11/2023
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