Adjustment of F&O contracts of NMDC due to dividend

Adjustment of F&O Contracts for NMDC - The strikes of NMDC options and the base price of futures contracts will be revised due to extraordinary dividends effective February 13, 2026 [1] - All positions in futures contracts will be marked-to-market on the last cum-dividend date, February 12, 2026, based on the daily settlement price [2] - Open positions will be carried forward at the daily settlement price less ₹2.50, which is the dividend amount [2] - Daily mark-to-market settlement of futures contracts will continue as per normal procedures from February 13, 2026 [3] Example of Futures Contracts Adjustment - If 1 lot (6750 quantities) of NMDC February futures is bought at ₹85 on February 12, 2026, and the daily settlement price is ₹87, a mark-to-market profit of ₹2 per share is realized [4] - On February 13, 2026, the position will be carried forward at ₹84.50, and if the closing price is ₹86, a mark-to-market profit of ₹1.50 per share will be achieved [4] Adjustment for Option Contracts - The full value of the dividend, ₹2.50, will be deducted from all cum-dividend strike prices on the ex-dividend date [5] - Existing positions in strike prices will continue to exist in the corresponding new adjusted strike prices [5] - For instance, the strike price of the ₹85 Call Option will be reduced to ₹82.50 on February 13, 2026, while the lot size of the F&O contracts will remain unchanged [6] - Equity shareholders of NMDC as of February 13, 2026, will be entitled to receive the dividend, credited to their primary bank account within 30 to 45 days from the record date [6]