Adjustment of F&O Contracts & Issue of Dividend of HINDPETRO

As per the recent NSE circular, Hindustan Petroleum Ltd. is issuing Rs 14 dividend for every 1 existing share held. For all Future Contracts, the base price will be reduced by Rs 14. For all Options Contracts, the strike price will be adjusted as per dividend value. The key dates for the Dividend Issue are as follows:

Company NameRecord dateEx-Dividend basis from Date 
Hindustan Petroleum Ltd.23-Aug-2222-Aug-22

Refer: NSE Circular 1 | NSE Circular 2

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