Description
NSE announces dividend adjustment for VEDANTA LIMITED (VEDL) F&O contracts with Rs 16/- dividend amount effective August 26, 2025.
Summary
NSE has announced dividend adjustment for Futures and Options contracts in VEDANTA LIMITED (VEDL) following the company’s dividend declaration of Rs 16/- per share with face value Re 1/-. The adjustment will be effective from August 26, 2025 (ex-date).
Key Points
- Company: VEDANTA LIMITED (Symbol: VEDL)
- Corporate action type: Dividend
- Face value: Re 1/-
- Dividend amount: Rs 16/-
- Ex-date and effective date: August 26, 2025
- Revised option strike prices will be provided one day prior to ex-date
Regulatory Changes
- Strike prices and futures base prices will be adjusted and may appear in decimal places
- Prices will be rounded off to nearest tick size
- Lot sizes will be rounded off to nearest integer
- Updated contract specifications will be available in contract.gz files
Compliance Requirements
- Members must load updated contract.gz/MII contract files before trading on ex-date
- Files available from faoftp/faocommon directory on Extranet server
- MII contract and spread files also available on NSE website
- Position adjustment methodology will be communicated separately by Clearing Corporation
Important Dates
- August 22, 2025: Circular date
- August 25, 2025: Revised strike prices and contract details to be provided
- August 26, 2025: Ex-date and effective date for dividend adjustment
Impact Assessment
- Affects all existing F&O positions in VEDL
- Contract parameters will be automatically adjusted
- Trading systems need to be updated with new contract specifications
- Minimal operational disruption expected as this is a standard dividend adjustment process
Impact Justification
Standard dividend adjustment affecting F&O contracts for a single stock with moderate market impact