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BSE adjusts HPCL F&O contracts for Rs 19.25 final dividend

All HPCL F&O contracts adjust on August 13. The dividend amount is deducted from strikes and futures base rates.

14 Jul 2026 Effective August 13, 2026 Affects: Trading members and holders of HPCL F&O contracts in the Equity Derivatives segment.

What changed

Record date for HPCL's Rs 19.25 final dividend is August 14, 2026.
F&O contracts adjusted on August 13; adjusted strikes and futures prices effective from August 14.
Dividend amount deducted from option strikes and futures settlement price.

The read

Routine adjustment. HPCL's Rs 19.25 final dividend triggers a standard F&O contract recalibration under SEBI's framework. The full amount is deducted from strike prices, and futures settlement price is similarly reduced. No economic impact on holders — what changes is the reference price, effective from August 14. Trading systems must apply the adjusted rates.

HPCLRs 19.25 dividend

Primary source: official circular (PDF)