INDB - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/indb/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usThu, 14 May 2026 00:00:00 +0000Adjustment of Futures and Options Contracts for Indian Bank (INDB) - Final Dividend Record Datehttps://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-14-15323cf977f95fa4-adjustment-of-futures-and-options-contracts-in-the-security-indian-bank-in-equit/Thu, 14 May 2026 14:08:06 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-05-14-15323cf977f95fa4-adjustment-of-futures-and-options-contracts-in-the-security-indian-bank-in-equit/BSE announces adjustment of F&O contracts for Indian Bank (INDB) due to final dividend of Rs. 18.25/- per share for FY 2026-27, with ex-date on June 10, 2026.bsetradingmediummediummedium15323cf977f95fa4https://www.bseindia.com/downloads/UploadDocs/Notices/20260514-42/20260514-42.pdfINDBfutures-and-optionsderivativescorporate-actionsdividendcontract-adjustmentequity-derivativesINDBindian-bankSummary

BSE has announced adjustments to all Futures and Options contracts on Indian Bank (Derivative Asset Code: INDB, Equity Scrip Code: 532814) in the Equity Derivatives Segment. The adjustment is triggered by the company’s declaration of a Final Dividend of Rs. 18.25/- per equity share for FY 2026-27, with June 10, 2026 set as the Record Date.

Key Points

  • Indian Bank has declared a Final Dividend of Rs. 18.25/- per equity share for FY 2026-27
  • Record Date: June 10, 2026
  • Ex-date: June 10, 2026 (Wednesday)
  • F&O contract adjustments will be carried out on June 9, 2026 (Tuesday)
  • All available Futures and Options contracts on INDB will be adjusted
  • Adjustment is in line with SEBI Master Circular SEBI/HO/MRD/DP/CIR/P/2016/135 dated December 16, 2016

Regulatory Changes

No new regulatory changes. Adjustments are made pursuant to Exchange Notice No. 20180710-26 (Review of Adjustment of Corporate Actions for Stock Options) and SEBI Master Circular SEBI/HO/MRD/DP/CIR/P/2016/135 dated December 16, 2016.

Compliance Requirements

  • Trading members of the Equity Derivatives Segment are informed of the upcoming contract adjustments
  • No specific compliance action required from members; adjustments will be implemented by BSE automatically
  • Members may contact their respective relationship managers for further details

Important Dates

  • May 14, 2026: Notice issued by BSE
  • June 9, 2026 (Tuesday): Adjustment date — strike prices and futures prices adjusted at end of day
  • June 10, 2026 (Wednesday): Ex-date and Record Date; adjusted contracts available for trading

Impact Assessment

Options Contracts: All strike prices as at end of June 9, 2026 will be reduced by Rs. 18.25/-. The adjusted strike prices will be effective for trading from June 10, 2026.

Futures Contracts: Adjusted futures price = Daily mark-to-market settlement price on June 9, 2026 minus Rs. 18.25/-. The adjusted rate serves as the base rate/previous close for trading on June 10, 2026.

Impact is limited to traders holding open F&O positions in Indian Bank (INDB) contracts. The adjustment is a standard mechanical process to account for the dividend outflow, ensuring no artificial gain or loss to derivatives holders due to the corporate action.

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