Description
BSE announces adjustments to F&O contracts for Nestle India Ltd due to 1:1 bonus issue with record date August 08, 2025.
Summary
BSE announces mandatory adjustments to all Futures and Options contracts for Nestle India Ltd (scrip code 500790) due to a 1:1 bonus issue. The adjustments will be implemented on August 07, 2025 (end of day) with ex-date August 08, 2025.
Key Points
- Nestle India Ltd announces 1:1 bonus issue (1 bonus share for every 1 existing share)
- Record date: August 08, 2025
- Ex-date: August 08, 2025
- Adjustment factor: 2.0 [(1+1)/1]
- All F&O contracts will be adjusted automatically
- Derivatives Asset Code: NESL
Regulatory Changes
Adjustments made in compliance with SEBI guidelines for F&O contract modifications due to corporate actions:
- Strike Price: Divided by adjustment factor (2)
- Market Lot: Multiplied by adjustment factor (2) - from 250 to 500
- Position: Multiplied by adjustment factor (2)
- Futures Price: Divided by adjustment factor (2), rounded to nearest tick size
Compliance Requirements
- All equity derivatives segment members must note the automatic adjustments
- Trading members should contact designated Relationship Managers for clarifications
- No action required from traders - adjustments are automatic
Important Dates
- August 07, 2025: Adjustment implementation (end of day)
- August 08, 2025: Ex-date and record date for bonus issue
Impact Assessment
High impact on derivatives traders holding Nestle India positions. All existing F&O contracts will be automatically adjusted with doubled market lots and halved strike prices/futures prices. Position sizes will double automatically to maintain equivalent economic exposure.
Impact Justification
Major F&O contract adjustments affecting all positions in heavily traded stock