February 2023

Removal of HONAUT from the FNO From April 27

Stay informed with the latest NSE circular regarding the removal of HONAUT from the FNO market on April 28, 2023. Learn about the impact on stock prices and settlement of contracts.

Removal of HONAUT from the FNO

On February 23, 2023, the National Stock Exchange (NSE) vide circular no. NSE/FAOP/55717 has decided to exclude Honeywell Automation India Limited (HONAUT) from the futures and options (F&O) segment. This means that new F&O contracts for this company will not be issued after April 28, 2023. This decision is based on a review of the framework for stocks in the derivatives segment by the Securities and Exchange Board of India (SEBI).

Removal of HONAUT from the FNO
Removal of HONAUT from the FNO

Last Date in F&O

Investors will be able to trade in the F&O of HONAUT till April 27, 2023. After that, new contracts for HONAUT will not be issued and this stock will not be a part of the F&O segment. Any contract that remains unsettled on April 27, 2023, will be settled by delivery.

About HONAUT

Honeywell Automation India Limited (HONAUT) is a leader in providing integrated automation and software solutions, including process solutions and building solutions. It has a wide product portfolio in environmental and combustion controls, and sensing and control, and also provides engineering services in the field of automation and control to global clients. HONAUT closed at 36738.85 on NSE on February 23, 2023, its 52-week high is 46397.70 and its low is 30185.35.

Impact of Removal from F&O

There may have an impact of the removal of HONAUT from the FNO on investors, it is important to note that HONAUT will continue to trade in the equity segment and its underlying business performance will continue to drive its stock prices. It is important for investors to consider all available information before making any investment decisions.

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Full Details Of Dividend Adjustment Of TORNTPOWER for Dec 2023

Find out all the information about the Dividend Adjustment of TORNTPOWER for Dec 2023, including the ex-dividend date, record date, cash and F&O adjustments, and more. Discover how Torrent Power Limited will adjust its dividends according to SEBI regulations.

TORNTPOWER Limited announces the Interim Dividend of ₹ 22 per share (including ₹ 13 per equity share as a special dividend) on February 14, 2023. This translates to a yield of 4.81% based on the closing price of ₹ 457.4 on February 13, 2023. The ex-dividend date is set for February 22, 2023, with the record date for dividend payment scheduled for February 22, 2023.

dividend adjustment of torntpower for dec 2023
Dividend Adjustment of TORNTPOWER for Dec 2023

SEBI’s Guidelines for Dividend Adjustment in F&O

As per SEBI regulations, companies declaring dividends higher than 2% of the preceding day’s closing price must adjust the dividends in futures and options markets. In compliance with these rules, TORNTPOWER will adjust its dividends in both the futures/options and cash markets.

Dividend Adjustment of TORNTPOWER for Dec 2023 in the Cash

Investors who buy TORNTPOWER shares on or prior to February 21, 2023, will receive the cash dividends directly to their bank accounts, as this is the last cum-dividend date for the stock in the cash market.

Dividend Adjustment of TORNTPOWER for Dec 2023 the Futures

TORNTPOWER’s futures contracts will be adjusted in the future market by subtracting the dividend amount from the February 21, 2023 closing price. For instance, if TORNTPOWER closes at ₹ 522 on February 21, 2023, one futures contract would be worth ₹ 522 x 1500 = ₹ 7,83,000. The next day, February 22, 2023, the value of the same contract would be adjusted to ₹ 500 x 1500 = ₹ 7,50,000. The difference between these two values will be transferred from the futures seller’s account to the futures buyer’s account.

Dividend Adjustment of TORNTPOWER for Dec 2023 in the Options

In the options market, the dividends will be subtracted from the call and put option strike prices for ongoing monthly contracts i.e. March 29, 2023, and those expiring on, April 27, 2023. (Although from April 28, 2023, Torrent Power will be removed from F&O Segment.) This can be understood through the table given below:

Dividend Adjustment of Torntpower for Dec 2023

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Full Details Of Dividend Adjustment Of NMDC for Dec 2023

Find out all the information about the Dividend Adjustment of NMDC for Dec 2023, including the ex-dividend date, record date, cash and F&O adjustments, and more. Discover how National Mineral Development Corporation Limited will adjust its dividends according to SEBI regulations.

NMDC Limited announces the First Interim Dividend of ₹ 3.75 per share on February 14, 2023. This translates to a yield of 3.17% based on the closing price of ₹ 118.3 on February 13, 2023. The ex-dividend date is set for February 24, 2023, with the record date for dividend payment scheduled for February 24, 2023.

Dividend Adjustment Of NMDC for Dec 2023

SEBI’s Guidelines for Dividend Adjustment in F&O

As per SEBI regulations, companies declaring dividends higher than 2% of the preceding day’s closing price must adjust the dividends in futures and options markets. In compliance with these rules, NMDC will adjust its dividends in both the futures/options markets and the cash market.

Dividend Adjustment of NMDC for Dec 2023 in the Cash

Investors who buy NMDC shares on or prior to February 23, 2023, will receive the cash dividends directly to their bank accounts, as this is the last cum-dividend date for the stock in the cash market.

Dividend Adjustment of NMDC for Dec 2023 the Futures

In the futures market, NMDC’s futures contracts will be adjusted by subtracting the dividend amount from the February 23, 2023 closing price. For instance, if NMDC closes at ₹ 123.75 on February 23, 2023, one futures contract would be worth ₹ 123.75 x 4500 = ₹ 5,56,875. The next day, February 24, 2023, the value of the same contract would be adjusted to ₹ 120 x 4500 = ₹ 5,40,000. The difference between these two values will be transferred from the futures seller’s account to the futures buyer’s account.

Dividend Adjustment of NMDC for Dec 2023 in the Options

In the options market, the dividends will be subtracted from the call and put option strike prices for ongoing monthly contracts i.e. March 29, 2023, and those expiring on, April 27, 2023, and June 29, 2023. This can be understood through the table given below:

Dividend Adjustment of NMDC for Dec 2023

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Full Details Of Dividend Adjustment Of ONGC for Dec 2023

Find out all the information about the Dividend Adjustment of ONGC for Dec 2023, including the ex-dividend date, record date, cash and F&O adjustments, and more. Discover how Oil & Natural Gas Corporation Limited will adjust its dividends according to SEBI regulations.

ONGC Limited announced the Second Interim Dividend of ₹ 4 per share on February 16, 2023. This translates to a yield of 2.71% based on the closing price of ₹ 147.5 on February 15, 2023. The ex-dividend date is set for February 24, 2023, with the record date for dividend payment scheduled for February 24, 2023.

Dividend Adjustment Of ONGC for Dec 2023

SEBI’s Guidelines for Dividend Adjustment in F&O

As per SEBI regulations, companies declaring dividends higher than 2% of the preceding day’s closing price must adjust the dividends in futures and options markets. In compliance with these rules, ONGC will adjust its dividends in both the futures/options markets and the cash market.

Dividend Adjustment of ONGC for Dec 2023 in the Cash

Investors who buy ONGC shares on or prior to February 23, 2023, will receive the cash dividends directly to their bank accounts, as this is the last cum-dividend date for the stock in the cash market.

Dividend Adjustment of ONGC for Dec 2023 the Futures

In the futures market, ONGC’s futures contracts will be adjusted by subtracting the dividend amount from the February 23, 2023 closing price. For instance, if ONGC closes at ₹ 154 on February 23, 2023, one futures contract would be worth ₹ 154 x 3850 = ₹ 5,92,900. The next day, February 24, 2023, the value of the same contract would be adjusted to ₹ 150 x 3850 = ₹ 5,77,500. The difference between these two values will be transferred from the futures seller’s account to the futures buyer’s account.

Dividend Adjustment of ONGC for Dec 2023 in the Options

In the options market, the dividends will be subtracted from the call and put option strike prices for ongoing monthly contracts i.e. March 29, 2023, and those expiring on, April 27, 2023, and June 29, 2023. This can be understood through the table given below:

Dividend Adjustment Of ONGC for Dec 2023

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Dividend Adjustment Of PFC Full Details

Find out all the information about the Dividend Adjustment of PFC for Dec 2023, including the ex-dividend date, record date, cash and F&O adjustments, and more. Discover how Power Finance Corporation Limited will adjust its dividends according to SEBI regulations.

PFC Limited announced the Third Interim Dividend of ₹ 3.5 per share on February 13, 2023. This translates to a yield of 2.4% based on the closing price of ₹ 145.8 on February 10, 2023. The ex-dividend date is set for February 24, 2023, with the record date for dividend payment scheduled for February 24, 2023.

Dividend Adjustment Of PFC

SEBI’s Guidelines for Dividend Adjustment in F&O

As per SEBI regulations, companies declaring dividends higher than 2% of the preceding day’s closing price must adjust the dividends in futures and options markets. In compliance with these rules, PFC will adjust its dividends in both the futures/options markets and the cash market.

Dividend Adjustment of PFC for Dec 2023 in the Cash

Investors who buy PFC shares on or prior to February 23, 2023, will receive the cash dividends directly to their bank accounts, as this is the last cum-dividend date for the stock in the cash market.

Dividend Adjustment of PFC for Dec 2023 the Futures

In the futures market, PFC’s futures contracts will be adjusted by subtracting the dividend amount from the February 23, 2023 closing price. For instance, if PFC closes at ₹ 148.5 on February 23, 2023, one futures contract would be worth ₹ 148.5 x 6200 = ₹ 9,20,700. The next day, February 24, 2023, the value of the same contract would be adjusted to ₹ 145 x 6200 = ₹ 8,99,000. The difference between these two values will be transferred from the futures seller’s account to the futures buyer’s account.

Dividend Adjustment of PFC for Dec 2023 in the Options

In the options market, the dividends will be subtracted from the call and put option strike prices for ongoing monthly contracts i.e. February 23, 2023, and those expiring on, March 29, 2023, and April 27, 2023. This can be understood through the table given below:

Dividend Adjustment Of PFC

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Dividend Adjustment Of HEROMOTOCO Full Details

Find out all the information about the Dividend Adjustment of HEROMOTOCO for the quarter ending Dec 2023, including the ex-dividend date, record date, cash and F&O adjustments, and more. Discover how HERO MOTO CORP LIMITED will adjust its dividends according to SEBI regulations.

HERO MOTO CORP LIMITED announces the Interim Dividend of ₹ 65 per share on February 7, 2023. This translates to a yield of 2.41% based on the closing price of ₹ 2695 on February 6, 2023. The ex-dividend date is set for February 17, 2023, with the record date for dividend payment scheduled for February 17, 2023.

Dividend Adjustment Of HEROMOTOCO

SEBI’s Guidelines for Dividend Adjustment in F&O

As per SEBI regulations, companies declaring dividends higher than 2% of the preceding day’s closing price must adjust the dividends in futures and options markets. In compliance with these rules, HEROMOTOCO will adjust its dividends in both the futures/options and cash markets.

Dividend Adjustment of HEROMOTOCO for Dec 2023 in the Cash

Investors who buy HEROMOTOCO shares on or prior to February 16, 2023, will receive the cash dividends directly to their bank accounts, as this is the last cum-dividend date for the stock in the cash market.

Dividend Adjustment of HEROMOTOCO for Dec 2023 the Futures

In the futures market, HEROMOTOCO’s futures contracts will be adjusted by subtracting the dividend amount from the February 16, 2023 closing price. For instance, if HEROMOTOCO closes at ₹ 2765 on February 16, 2023, one futures contract would be worth ₹ 2765 x 300 = ₹ 8,29,500. The next day, February 17, 2023, the value of the same contract would be adjusted to ₹ 2700 x 300 = ₹ 8,10,000. The difference between these two values will be transferred from the futures seller’s account to the futures buyer’s account.

Dividend Adjustment of HEROMOTOCO for Dec 2023 in the Options

In the options market, the dividends will be subtracted from the call and put option strike prices for ongoing monthly contracts i.e. February 23, 2023, and those expiring on, March 29, 2023, and April 27, 2023. This can be understood through the table given below:

HEROMOTOCO dividend adjustment

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Dividend Adjustment Of IDFC Full Details

Find out all the information about the Dividend Adjustment of IDFC for Dec 2023, including the ex-dividend date, record date, cash and F&O adjustments, and more. Discover how IDFC Limited will adjust its dividends according to SEBI regulations.

IDFC Limited announces the Special Interim Dividend of ₹ 11 per share on February 1, 2023. This translates to a yield of 12.83% based on the closing price of ₹ 85.75 on January 31, 2023. The ex-dividend date is set for February 13, 2023, with the record date for dividend payment scheduled for February 13, 2023.

Dividend Adjustment Of IDFC Full Details

SEBI’s Guidelines for Dividend Adjustment in F&O

As per SEBI regulations, companies declaring dividends higher than 2% of the preceding day’s closing price must adjust the dividends in both futures and options markets. In compliance with these rules, IDFC will adjust its dividends in both the futures/options markets and the cash market.

Dividend Adjustment of IDFC for Dec 2023 in the Cash

Investors who buy IDFC shares on or prior to February 10, 2023, will receive the cash dividends directly to their bank accounts, as this is the last cum-dividend date for the stock in the cash market.

Dividend Adjustment of IDFC for Dec 2023 the Futures

In the futures market, IDFC’s futures contracts will be adjusted by subtracting the dividend amount from the February 10, 2023 closing price. For instance, if IDFC closes at ₹ 91 on February 10, 2023, one futures contract would be worth ₹ 91 x 10000 = ₹ 9,10,000. The next day, February 13, 2023, the value of the same contract would be adjusted to ₹ 80 x 10000 = ₹ 8,00,000. The difference between these two values will be transferred from the futures seller’s account to the futures buyer’s account.

Dividend Adjustment of IDFC for Dec 2023 in the Options

In the options market, the dividends will be subtracted from the call and put option strike prices for ongoing monthly contracts i.e. February 23, 2023, and those expiring on, March 29, 2023, and April 27, 2023. This can be understood through the table given below:

Dividend Adjustment Of IDFC

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Full Details Of Dividend Adjustment Of COALINDIA for Dec 2023

Find out all the information about the Dividend Adjustment Of COALINDIA for Dec 2023, including the ex-dividend date, record date, cash and F&O adjustments, and more. Discover how Coal India Limited will adjust its dividends according to SEBI regulations.

Maharatna PSU Coal India Limited announces the 2nd Interim Dividend of ₹ 5.25 per share on January 31, 2023. This translates to a yield of 2.32% based on the closing price of ₹ 225.85 on January 30, 2023. The ex-dividend date is set for February 8, 2023, with the record date for dividend payment scheduled for February 8, 2023. Coal India has already distributed a dividend of ₹ 15 this year.

Dividend Adjustment Of COALINDIA for Dec 2023

SEBI’s Guidelines for Dividend Adjustment in F&O

As per SEBI regulations, companies declaring dividends higher than 2% of the preceding day’s closing price must adjust the dividends in both futures and options markets. In compliance with these rules, COAL INDIA will adjust its dividends in both the futures/options markets and the cash market.

Dividend Adjustment Of COALINDIA for Dec 2023 in the Cash Market

Investors who buy COALINDIA shares on or prior to February 7, 2023, will receive the cash dividends directly to their bank accounts, as this is the last cum-dividend date for the stock in the cash market.

Dividend Adjustment Of COALINDIA for Dec 2023 in the Futures

In the futures market, COALINDIA’s futures contracts will be adjusted by subtracting the dividend amount from the February 7, 2023 closing price. For instance, if COALINDIA closes at ₹ 225.25 on February 7, 2023, one futures contract would be worth ₹ 225.25 x 4200 = ₹ 9,45,050. The next day, February 8, 2023, the value of the same contract would be adjusted to ₹ 220 x 4200 = ₹ 9,24,000. The difference between these two values will be transferred from the futures seller’s account to the futures buyer’s account.

Dividend Adjustment Of COALINDIA for Dec 2023 in the Options

In the options market, the dividends will be subtracted from the call and put option strike prices for ongoing monthly contracts i.e. February 23, 2023, and those expiring on, March 29, 2023, and April 27, 2023. This can be understood through the table given below:

COALINDIA dividend adjustment

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Dividend Adjustment Of RECLTD Full Details

Get all the details on the Dividend Adjustment of RECLTD, including the date of ex-dividend, record date, cash, and F&O adjustments, and more. Learn how RECLTD’s dividends will be adjusted in line with SEBI guidelines.

On January 30, 2023, Maharatna company REC LIMITED (RECLTD) NBFC which funds power projects in India, announced that its Board of Directors had approved an Interim Dividend of ₹ 3.25 per equity share. This is equivalent to a payout of 2.82% of the share price, based on the closing price of ₹ 115.15 on January 27, 2023. The Ex-date for dividend is February 9, 2023, and the record date for the payment of dividends is February 9, 2023.

SEBI’s Guidelines for Dividend Adjustment in F&O

SEBI guidelines state that companies whose dividends are more than 2% of the closing price on the day before the date of declaration of dividends must adjust the dividends in the futures and options market. In line with these guidelines, RECLTD dividends will be adjusted in the futures and options market as well as in the cash market.

Dividend Adjustment of RECLTD in the Cash Market

In the cash market, the last cum-dividend date for RECLTD is February 8, 2023. Investors who purchase RECLTD shares on or before this date will receive the dividends directly in their bank accounts.

Dividend Adjustment of RECLTD the Futures Segment

In the futures market, the value of the RECLTD futures contract will be adjusted by deducting the dividend amount from the closing price on February 8, 2023. For example, if RECLTD closes at ₹ 116.25 on February 8, 2023, the value of a future contract will be ₹ 116.25 x 8000 = ₹ 9,30,000. On February 9, 2023, the value of the same contract will be ₹ 113 x 8000 = ₹ 9,04,000. The difference between these two values will be credited to the future buyer’s account and debited from the future seller’s account.

Dividend Adjustment of RECLTD in the Options Market

In the options market, the dividend amount will be deducted from the strike price (call/put) of the option for ongoing month’s contracts. This applies to the contracts expiring on February 23, 2023, March 29, 2023, and April 27, 2023. This can be understood through the table given below:

Dividend Adjustment of RECLTD

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Dividend Adjustment Of NTPC Full Details

Get all the details on the Dividend Adjustment of NTPC, including the date of ex-dividend, record date, cash, and F&O adjustments, and more. Learn how NTPC’s dividends will be adjusted in line with SEBI guidelines.

On January 27, and January 28, 2023, Maharatna company NTPC LIMITED (NTPC) India’s largest energy conglomerate announced that its Board of Directors has approved an Interim Dividend of ₹ 4.25 per equity share. This is equivalent to a payout of 2.56% of the share price, based on the closing price of ₹ 166.30 on January 27, 2023. The Ex-date for dividend is February 4, 2023, and the record date for the payment of dividends is February 4, 2023.

Dividend Adjustment of NTPC

SEBI’s Guidelines for Dividend Adjustment in F&O

SEBI guidelines state that companies whose dividends are more than 2% of the closing price on the day before the date of declaration of dividends must adjust the dividends in the futures and options market. In line with these guidelines, NTPC dividends will be adjusted in the futures and options market as well as in the cash market.

Dividend Adjustment of NTPC in the Cash Market

In the cash market, the last cum-dividend date for NTPC is February 3, 2023. Investors who purchase NTPC shares on or before this date will receive the dividends directly in their bank accounts.

Dividend Adjustment of NTPC the Futures Segment

In the futures market, the value of the NTPC futures contract will be adjusted by deducting the dividend amount from the closing price on February 3, 2023. For example, if NTPC closes at ₹ 169.25 on February 3, 2023, the value of a future contract will be ₹ 169.25 x 5700 = ₹ 9,64,725. On February 4, 2023, the value of the same contract will be ₹ 165 x 5700 = ₹ 9,40,500. The difference between these two values will be credited to the future buyer’s account and debited from the future seller’s account.

Dividend Adjustment of NTPC in the Options Market

In the options market, the dividend amount will be deducted from the strike price (call/put) of the option for ongoing months contracts. This applies to the contracts expiring on February 23, 2023, March 29, 2023, and April 27, 2023. This can be understood through the table given below:

Dividend Adjustment of NTPC

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