Description
Adjustment of F&O contracts for PETRONET LNG LIMITED due to dividend of Rs 7/- per share with ex-date November 14, 2025.
Summary
NSE has announced adjustments to Futures and Options contracts for PETRONET LNG LIMITED due to a dividend declaration of Rs 7/- per share (face value Rs 10/-). The ex-date and effective date for this adjustment is November 14, 2025. All option strike prices will be revised downward by the dividend amount, and members must load updated contract files before trading on the ex-date.
Key Points
- Company: PETRONET LNG LIMITED (Symbol: PETRONET)
- Corporate Action Type: Dividend
- Dividend Amount: Rs 7/- per share
- Face Value: Rs 10/-
- Ex-Date & Effective Date: November 14, 2025
- All existing option strike prices revised downward (reduction of Rs 7/-)
- 27+ option contracts affected with November 25, 2025 expiry
- Strike prices adjusted from original range (220-302.50) to revised range (213-295.50)
Regulatory Changes
No regulatory changes. This circular implements standard SEBI guidelines for adjustments to futures and options contracts following corporate action announcements.
Compliance Requirements
- Members Must: Load updated contract.gz 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 Location: Available on Extranet server at faoftp/faocommon directory
- Alternative Source: Files also available on NSE website at https://www.nseindia.com/all-reports-derivatives
- Adjustment Details: Reference link provided at https://www.nseindia.com/products-services/equity-derivatives-corporate-actions-adjustments
- Position Adjustments: Methodology to be separately communicated by respective Clearing Corporation
Important Dates
- Circular Date: November 13, 2025
- Ex-Date/Effective Date: November 14, 2025
- Affected Expiry: November 25, 2025 (for listed option contracts)
Impact Assessment
Trading Impact: All PETRONET option strike prices reduced by Rs 7/- to reflect dividend adjustment. Revised strikes will appear in decimal places and be rounded to nearest tick size; lot sizes rounded to nearest integer.
Operational Impact: Members must ensure systems are updated with new contract parameters before market open on ex-date to avoid trading disruptions. Failure to load updated files may result in incorrect pricing and position management.
Market Participants: All traders holding PETRONET F&O positions should be aware of the adjustment. The dividend amount (Rs 7/-) represents approximately 2.5-3% of the strike price range, which is a material adjustment requiring attention.
Impact Justification
Routine dividend adjustment affecting F&O contracts for PETRONET. Requires members to update contract files before ex-date to ensure proper trading.