Description
NSE announces dividend adjustment for HINDPETRO futures and options contracts with Rs 10.50 dividend amount effective August 14, 2025.
Summary
NSE has announced dividend adjustments for Futures and Options contracts in HINDUSTAN PETROLEUM CORPORATION LIMITED (HINDPETRO) following the declaration of dividend. The adjustment involves a dividend amount of Rs 10.50 per share with face value of Rs 10, effective from August 14, 2025.
Key Points
- Company: HINDUSTAN PETROLEUM CORPORATION LIMITED (HINDPETRO)
- Corporate action type: Dividend
- Face value: Rs 10/-
- Dividend amount: Rs 10.50/-
- Ex-date and effective date: August 14, 2025
- Revised option strike prices provided in annexure with 64 contract adjustments
- Strike prices reduced by Rs 10.50 across all expiry dates
Regulatory Changes
Adjustments made in pursuance of SEBI guidelines for futures and options contracts on announcement of corporate actions. All option strike prices have been reduced by the dividend amount of Rs 10.50.
Compliance Requirements
- Members must load updated contract.gz/MII contract and spread files before trading on ex-date
- Files available on Extranet server directory faoftp/faocommon
- Updated files also available on NSE website under derivatives reports section
- Revised prices rounded to nearest tick size, lot sizes rounded to nearest integer
Important Dates
- Ex-date and effective date: August 14, 2025
- All adjustments effective from this date
Impact Assessment
Routine dividend adjustment affecting all HINDPETRO derivatives contracts expiring August 28, 2025. Strike prices adjusted downward by dividend amount to maintain fair value. Standard procedure with minimal operational impact for members following proper file update protocols.
Impact Justification
Routine dividend adjustment affecting derivatives contracts for a major PSU oil company