Description
BSE announces adjustments to F&O contracts for Nestle India Ltd due to 1:1 bonus issue with record date August 8, 2025.
Summary
BSE announces mandatory adjustments to all Futures and Options contracts for Nestle India Ltd (Scrip Code: 500790, Derivatives Asset Code: NESL) due to a 1:1 bonus issue. The company has set August 8, 2025 as the record date, with adjustments taking effect end of day August 7, 2025.
Key Points
- Nestle India Ltd announces 1:1 bonus issue (1 bonus share for every 1 existing share)
- Record date: August 8, 2025
- Ex-date: August 8, 2025
- Adjustment factor: 2 [(1+1)/1]
- All existing F&O contracts will be adjusted automatically
Contract Adjustments
Strike Price: Divided by adjustment factor (2) Market Lot: Multiplied by adjustment factor (2)
- Current market lot: 250
- Revised market lot: 500 (250 × 2) Position: Multiplied by adjustment factor (2) Futures Price: Divided by adjustment factor (2), rounded to nearest tick size
Important Dates
- August 7, 2025: Adjustments effective end of day
- August 8, 2025: Record date and ex-date for bonus issue
Impact Assessment
All traders holding F&O positions in Nestle India Ltd will see automatic contract adjustments. The doubling of market lot size and halving of strike prices will significantly impact position values and margin requirements. Trading members should contact their relationship managers for clarifications on the adjustments.
Impact Justification
Significant contract adjustments affecting all F&O positions in a major stock with immediate effect