May 2023

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

VEDANTA Limited announced the First Interim Dividend of ₹ 18.50 per share on May 22, 2023. This translates to a yield of 6.56% based on the closing price of ₹ 281.95 on May 19, 2023. The ex-dividend date is set for May 30, 2023, with the record date for dividend payment scheduled for May 30, 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, VEDL will adjust its dividends in both the futures/options markets and the cash market.

Dividend Adjustment of VEDL for June 2023 in the Cash

Investors who buy VEDL shares on or prior to May 29, 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 VEDL for June 2023 the Futures

In the futures market, VEDL’s futures contracts will be adjusted by subtracting the dividend amount from the May 29, 2023 closing price. For instance, if VEDL closes at ₹ 298.5 on May 29, 2023, one futures contract would be worth ₹ 298.5 x 2000 = ₹ 5,97,000. The next working day, May 30, 2023, the value of the same contract would be adjusted to ₹ 280 x 2000 = ₹ 5,60,000. The difference between these two values will be transferred from the futures seller’s account to the futures buyer’s account.

Dividend Adjustment of VEDL for June 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. June 29, 2023, and those expiring on July 27, 2023, and August 31, 2023. This can be understood through the table given below:

VEDL dividend adjustment

For any additional questions regarding the dividend adjustment of VEDL, feel free to ask by leaving a comment. If you found this information useful, please share it with others.

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

ITC Limited announced the Final Dividend of ₹ 6.75 and Special Dividend of ₹ 2.75 i.e. ₹ 9.5 per share on May 18, 2023. This translates to a yield of 2.22% based on the closing price of ₹ 427.60 on May 17, 2023. The ex-dividend date is set for May 30, 2023, with the record date for dividend payment scheduled for May 30, 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, ITC will adjust its dividends in both the futures/options markets and the cash market.

Dividend Adjustment of ITC for March 2023 in the Cash

Investors who buy ITC shares on or prior to May 26, 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 ITC for March 2023 the Futures

ITC’s futures contracts will be adjusted by subtracting the dividend amount from the May 29, 2023 closing price in the futures market. For instance, if ITC closes at ₹ 439.5 on May 29, 2023, one futures contract would be worth ₹ 439.5 x 1600 = ₹ 7,03,200. The next working day, May 30, 2023, the value of the same contract would be adjusted to ₹ 430 x 1600 = ₹ 6,88,000.00 The difference between these two values will be transferred from the futures seller’s account to the futures buyer’s account.

Dividend Adjustment of ITC for March 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. June 29, 2023, and those expiring on July 27, 2023, and August 31, 2023. This can be understood through the table given below:

ITC Dividend Adjustment

For any additional questions regarding the dividend adjustment of ITC, feel free to ask by leaving a comment. If you found this information useful, please share it with others.

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• Removal of WHIRLPOOL from the FNO
• Dividend Adjustment Of OFSS 
• Dividend Adjustment Of VEDL For June 2023

Stay informed with the latest NSE circular regarding the removal of WHIRLPOOL from the FNO market on May 26, 2023. Learn about the impact on stock prices and settlement of contracts.

Removal of WHIRLPOOL from the FNO

On March 27, 2023, the National Stock Exchange (NSE) vide circular no. NSE/FAOP/56137, has announced its decision to exclude Whirlpool Of India Limited (WHIRLPOOL) from the futures and options (F&O) segment. This means that new F&O contracts for this company will not be issued after May 26, 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).

Last Date in F&O

Investors will be able to trade in F&O of WHIRLPOOL till May 25, 2023. After that, new contracts for WHIRLPOOL will not be issued and this stock will not be a part of the F&O segment. Any contract that remains unsettled on May 25, 2023, will be settled by delivery.

About Whirlpool

Whirlpool of India Ltd, is a subsidiary of Whirlpool Corporation, committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. Headquartered in Gurugram, Whirlpool is one of the largest manufacturers and marketers of major home appliances in the country. WHIRLPOOL closed at 1330.20 on NSE on March 27, 2023, its 52-week high is 1917 and its low is 1217.25.

Impact of Removal of WHIRLPOOL from the FNO

There may have an impact of the removal of WHIRLPOOL from the FNO on investors, it is important to note that WHIRLPOOL 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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• Dividend Adjustment Of OFSS 
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• Dividend Adjustment Of ITC For March 2023
• Dividend Adjustment Of VEDL For June 2023

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

OFSS Limited announced the Interim Dividend of ₹ 225 per share on April 26, 2023. This translates to a yield of 6.58% based on the closing price of ₹ 3419.05 on April 25, 2023. The ex-dividend date is set for May 8, 2023, with the record date for dividend payment scheduled for May 9, 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, OFSS will adjust its dividends in both the futures/options markets and the cash market.

Dividend Adjustment of OFSS for March 2023 in the Cash

Investors who buy OFSS shares on or prior to May 8, 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 OFSS for March 2023 the Futures

In the futures market, OFSS’s futures contracts will be adjusted by subtracting the dividend amount from the May 8, 2023 closing price. For instance, if OFSS closes at ₹ 3525 on May 8, 2023, one futures contract would be worth ₹ 3525 x 200 = ₹ 7,05,000. The next working day, May 9, 2023, the value of the same contract would be adjusted to ₹ 3300 x 200 = ₹6,60,000. The difference between these two values will be transferred from the futures seller’s account to the futures buyer’s account.

Dividend Adjustment of OFSS for March 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. May 25, 2023, and those expiring on June 29, 2023, and July 27, 2023. This can be understood through the table given below:

OFSS Divedend Adjustment

For any additional questions regarding the dividend adjustment of OFSS, feel free to ask by leaving a comment. If you found this information useful, please share it with others.

Read More:

• Dividend Adjustment Of BAJAJ-AUTO
• Dividend Adjustment Of MUTHOOTFIN
• Dividend Adjustment Of VEDL
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