Description

NSE announces adjustment of F&O contracts for NMDC Limited due to dividend declaration of Rs 2.50 per share, effective February 13, 2026.

Summary

NSE has announced adjustments to Futures and Options contracts for NMDC Limited due to dividend declaration. The company will pay a dividend of Rs 2.50 per share (face value Re 1/-) with ex-date and effective date of February 13, 2026. Members must update contract files before trading on the ex-date to reflect revised strike prices and contract specifications.

Key Points

  • Company: NMDC Limited
  • Corporate Action Type: Dividend
  • Face Value: Re 1/-
  • Dividend Amount: Rs 2.50 per share
  • Ex-date and Effective Date: February 13, 2026
  • Revised option strike prices will be provided one day prior to ex-date
  • Adjusted prices and lot sizes may appear in decimal places, rounded to nearest tick size
  • Lot sizes will be rounded to nearest integer

Regulatory Changes

Adjustments made in pursuance of SEBI guidelines for futures and options contracts following corporate action announcements. Standard adjustment methodology applies as per NSE’s corporate action adjustment framework.

Compliance Requirements

  • 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 February 13, 2026
  • Files available from faoftp/faocommon directory on Extranet server
  • MII contract and spread files also available on NSE website under derivatives reports section
  • Members must refer to adjustment details at: https://www.nseindia.com/products-services/equity-derivatives-corporate-actions-adjustments
  • Position adjustment methodology will be separately communicated by Clearing Corporation

Important Dates

  • Circular Date: February 09, 2026
  • Ex-date/Effective Date: February 13, 2026
  • Revised strike prices availability: One day prior to ex-date (February 12, 2026)

Impact Assessment

This dividend adjustment affects all open F&O positions in NMDC. Traders holding futures or options contracts must be aware of adjusted strike prices, base prices, and lot sizes. The Rs 2.50 dividend amount will result in proportionate adjustments to contract specifications. Members trading NMDC derivatives must ensure systems are updated with revised contract parameters to avoid trading disruptions. Contact support via toll-free 1800-266-0050 (Option 1) or msm@nse.co.in for queries.

Impact Justification

Routine corporate action requiring F&O contract adjustments for NMDC traders. Medium impact as it affects derivative positions but follows standard adjustment procedures.