Description
NSE announces dividend adjustment for VEDL futures and options contracts with Rs 16/- dividend amount effective August 26, 2025.
Summary
NSE announces dividend adjustment for Vedanta Limited (VEDL) futures and options contracts due to dividend declaration of Rs 16/- per share. The adjustment includes revised option strike prices effective from August 26, 2025.
Key Points
- Company: VEDANTA LIMITED (VEDL)
- Face value: Re 1/-
- Dividend amount: Rs 16/-
- Ex-date and effective date: August 26, 2025
- Multiple expiry dates affected: August 28, September 30, and October 28, 2025
- Strike prices reduced by Rs 16 across all series
Regulatory Changes
Adjustments made in accordance with SEBI guidelines for corporate actions in derivatives:
- Revised option strike prices detailed in Annexure 1
- Contract specifications updated with new strike prices
- Lot sizes rounded to nearest integer where applicable
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 accessible on NSE website
- Position adjustment methodology to be communicated by Clearing Corporation
Important Dates
- Ex-date/Effective date: August 26, 2025
- Contract expiry dates affected: August 28, September 30, October 28, 2025
- File updates required before trading on August 26, 2025
Impact Assessment
Medium impact on VEDL derivatives trading with systematic strike price adjustments across multiple expiry series. Standard dividend adjustment procedure ensures continuity in derivatives trading while maintaining proper price discovery mechanism.
Impact Justification
Standard dividend adjustment affecting derivatives trading in VEDL with specific strike price revisions