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August 22, 2022
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 Name | Record date | Ex-Dividend basis from Date |
| Hindustan Petroleum Ltd. | 23-Aug-22 | 22-Aug-22 |
Refer: NSE Circular 1 | NSE Circular 2
