NSE · Corporate Action · Low

NSE clears LICI F&O adjustment for ₹10 dividend, strike prices cut by same amount

Futures and options contracts in LICI will be adjusted downward by ₹10 per share (the dividend amount), with June 25 as the ex-date.

23 Jun 2026 Effective June 25, 2026 Affects: All market participants holding open futures or options positions in LICI as of June 24, 2026.

What changed

LICI futures carry-forward prices and options strike prices reduced by ₹10.
June 24 is last cum-dividend date; June 25 is ex-dividend date.

The read

Standard dividend adjustment for LICI futures and options. NSE Clearing will deduct ₹10 per share (the dividend amount) from futures settlement prices and options strike prices, with June 24 as the last cum-dividend date and June 25 as ex-dividend. Existing open positions automatically migrate to adjusted values; no separate action is needed. This is a mechanical corporate action, not a loss event. The adjustment reflects the value transfer from the company to shareholders via the dividend.

LICI₹10 dividend

Primary source: official circular (PDF)