If IRCTC Splits on 12th August. What will be the Future Lot size and price ?
On 12th August, the board of IRCTC is just going to recommend sub-division of shares, which will be finalized upon approval from Ministry of Railways, GoI and shareholders.
The shares won’t split on 12th August, this will happen on later date, which will be notified once it is approved. Regarding adjustment in F&O contracts, exchange notifies about this before the ex-date.