Description
BSE announces adjustment of F&O contracts for Patanjali Foods Ltd due to 2:1 bonus issue with record date September 11, 2025
Summary
BSE will adjust all Futures & Options contracts for Patanjali Foods Ltd (PTFL) on September 10, 2025 (end of day) due to a 2:1 bonus issue. The adjustment factor of 3 will be applied to modify strike prices, market lots, and existing positions, with the ex-date being September 11, 2025.
Key Points
- Bonus ratio: 2 new equity shares for every 1 existing share (Rs. 2/- face value)
- Record date: September 11, 2025
- Adjustment to be made: End of day September 10, 2025
- Adjustment factor: 3 (calculated as (2+1)/1)
- Scrip Code: 500368, Derivatives Asset Code: PTFL
Regulatory Changes
Adjustments will be made in compliance with SEBI guidelines for F&O contracts during corporate actions. All existing contracts will be modified using the standardized adjustment methodology.
Compliance Requirements
- Trading members must note the automatic adjustments to their F&O positions
- Strike prices will be divided by 3
- Market lot will increase from 300 to 900 (multiplied by 3)
- Existing positions will be multiplied by 3
- Futures prices will be divided by 3 and rounded to nearest tick size
Important Dates
- September 10, 2025: Adjustment of F&O contracts (end of day)
- September 11, 2025: Ex-date and Record date for bonus issue
Impact Assessment
Significant operational impact on all derivatives participants holding Patanjali Foods F&O positions. The 3x adjustment will affect portfolio values, margin requirements, and position limits. Market makers and traders need to recalibrate their systems and strategies to account for the new strike prices and increased market lot size.
Impact Justification
High impact due to 3x adjustment factor affecting all existing F&O positions, strikes, and market lots