Core Points - The adjustment of BPCL's futures and options contracts is due to extraordinary dividends, effective November 7, 2025 [1] - The dividend amount of ₹7.5 will be deducted from the strike prices of options and the base price of futures contracts [5][2] Futures Contracts Adjustment - All positions in BPCL futures contracts will be marked-to-market on the last cum-dividend date, November 6, 2025, based on the daily settlement price [2] - Open positions will be carried forward at the daily settlement price less ₹7.5 after the ex-dividend date [2] - For example, if a lot of BPCL futures is bought at ₹370 and the daily settlement price is ₹375, the mark-to-market profit would be ₹5 per share, and the carried forward price on November 7, 2025, would be ₹367.5 [4] Options Contracts Adjustment - The full value of the dividend, ₹7.5, will be deducted from all cum-dividend strike prices on the ex-dividend date [5] - For instance, a call option with a strike price of ₹375 will be adjusted to ₹367.5 on November 7, 2025, while the lot size remains unchanged [6] Dividend Entitlement - Shareholders holding BPCL equity shares in their Demat accounts as of November 7, 2025, will receive the dividend credited to their primary bank accounts within 30 to 45 days from the record date [7]