The National Stock Exchange of India Limited (NSE) has issued a circular on adjustment of Futures and Options contracts in the security NTPC. The circular was issued on 1st February, 2023.
NTPC LIMITED has informed the NSE that its Board of Directors at its meeting held on 28th January, 2023 has approved interim dividend of Rs. 4.25/- per equity share of face value of Rs. 10/- each. The record date for the purpose of payment of dividend is fixed as 4th February, 2023.
Further details of the dividend adjustment can be referred here.
Members should load the updated contract.gz file in the trading application before trading on 3rd February, 2023 . This file can be obtained from the directory faoftp/faocommon on the Extranet server.
The methodology for position adjustments shall be separately intimated by respective Clearing Corporation.
