Description

NSE announces dividend adjustment for PETRONET LNG Limited F&O contracts with ex-date November 14, 2025. Dividend amount is Rs 7/- per share on face value of Rs 10/-.

Summary

NSE has announced dividend adjustment for Futures and Options contracts in PETRONET LNG Limited. The company has declared a dividend of Rs 7/- per share on a face value of Rs 10/-. The ex-date and effective date for this adjustment is November 14, 2025. As per SEBI guidelines, revised option strike prices and futures base prices will be adjusted accordingly, with details to be provided one day prior to the ex-date.

Key Points

  • Company: PETRONET LNG LIMITED
  • Type of Corporate Action: Dividend
  • Face Value: Rs 10/-
  • Dividend Amount: Rs 7/- per share
  • Ex-Date and Effective Date: November 14, 2025
  • Revised option strike prices will be provided one day prior to ex-date
  • Adjustments follow SEBI prescribed guidelines for corporate actions
  • Revised prices and lot sizes may appear in decimal places and will be rounded to nearest tick size
  • Lot sizes will be rounded to nearest integer

Regulatory Changes

No new regulatory changes introduced. This circular implements existing SEBI guidelines for adjustments to futures and options contracts on announcement of corporate actions. The adjustment methodology is standard procedure for dividend distributions affecting derivative contracts.

Compliance Requirements

  • Trading Members: Must load updated contract.gz/MII contract files (NSE_FO_contract_ddmmyyyy.csv.gz) and spread files (NSE_FO_spdcontract_ddmmyyyy.csv.gz) on trading applications before trading on November 14, 2025
  • File Access: Files available from directory faoftp/faocommon on Extranet server
  • Alternative Access: MII contract and spread files also available on NSE website at https://www.nseindia.com/all-reports-derivatives
  • Position Adjustments: Clearing Corporation will separately intimate methodology for position adjustments
  • Contract Details: Members must review latest contract.gz file for decimal-adjusted strike prices, futures base prices, lot sizes, and quantity freeze limits

Important Dates

  • Circular Issue Date: November 10, 2025
  • Contract File Availability: November 13, 2025 (one day prior to ex-date)
  • Ex-Date/Effective Date: November 14, 2025
  • Revised Strike Prices Publication: November 13, 2025

Impact Assessment

Market Impact: Medium impact on PETRONET LNG derivatives market participants. All existing futures and options positions in PETRONET will undergo technical adjustments.

Operational Impact: Trading members must ensure system readiness by updating contract files before market opening on November 14, 2025. Failure to update files may result in trading errors or position mismatches.

Position Management: Existing derivative positions will be adjusted for the Rs 7/- dividend. Strike prices and lot sizes will be recalculated with potential decimal adjustments, requiring traders to review adjusted positions.

Trading Continuity: Standard corporate action procedure with one business day advance notice for file preparation. No trading halt expected, but members should verify position adjustments through their clearing corporation.

Reference Resources: Full adjustment methodology available at https://www.nseindia.com/products-services/equity-derivatives-corporate-actions-adjustments

Support Contact: Members can contact NSE at toll-free 1800-266-0050 (Option 1) or email msm@nse.co.in for queries.

Impact Justification

Routine dividend adjustment affecting derivatives contracts of PETRONET LNG. Medium impact as it requires technical adjustments to strike prices and position management but follows standard SEBI guidelines.