Adjustment of F&O contracts of GAIL due to dividend
Zerodha·2026-02-02 03:06
02 Feb 2026, 08:36 AM Adjustment of F&O contracts of GAIL due to dividend As per the NSE circular, February 05, 2026, the strikes of GAIL options and the base price of the futures contracts will be revised due to extraordinary dividends.Adjustment for future contracts:All positions in futures contracts of GAIL will be marked-to-market on the last cum-dividend date, i.e. February 04, 2026, based on the daily settlement price of the respective futures contract. Subsequently, open positions will be carried fo ...