SEBI: Lot Sizes of FO standardized

SEBI has issued a directive to standardize the lot sizes of FO.

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Till now lots sizes were decided by Exchanges but now they are fixed. SEBI will review this every 6 months.

Impact, it will be easier to plan for FOs now. For exapmle, if I want to invest in FO of RIL, I know without checking for any exchange that it will be a lot of 250 (in price range 801-1600).