Description
BSE announces adjustments to IOCL derivatives contracts due to Rs. 3.00 final dividend with record date August 8, 2025.
Summary
BSE will adjust all Futures and Options contracts for Indian Oil Corporation Ltd (IOCL) due to the company’s final dividend payment of Rs. 3.00 per share for FY 2025-26. Adjustments will be made on August 7, 2025, with the ex-date being August 8, 2025.
Key Points
- IOCL has declared final dividend of Rs. 3.00 per equity share for FY 2025-26
- Record date: August 8, 2025
- Ex-date: August 8, 2025
- Adjustments to be made on August 7, 2025
- All existing F&O contracts on IOCL will be adjusted
Regulatory Changes
No regulatory changes. This is a standard corporate action adjustment as per existing SEBI guidelines and BSE procedures.
Compliance Requirements
- Trading members must note the adjusted strike prices and futures rates
- Members should contact relationship managers for further clarification
- Adjustments will be automatically implemented by the exchange
Important Dates
- August 7, 2025: Adjustment date for all F&O contracts
- August 8, 2025: Ex-dividend date and effective date for adjusted contracts
- August 8, 2025: Record date for dividend payment
Impact Assessment
Options Contracts: All strike prices will be reduced by Rs. 3.00 and new adjusted strikes will be available for trading from August 8, 2025.
Futures Contracts: Adjusted futures price will be calculated as reference rate minus Rs. 3.00 dividend amount, using the daily mark-to-market settlement price of August 7, 2025 as reference.
Impact Justification
Standard derivative adjustment for dividend payment affecting all IOCL F&O contracts