14 Nov 2025, 11:14 AM

Adjustment of Futures and Options contracts of ADANIENT due to Rights issue

As per this circular, effective from November 17, 2025 (ex-date), the ADANIENT F&O contracts will be revised based on the rights adjustment factor.

Adani Enterprises Limited has decided to issue equity shares on a rights basis in the ratio of 3:25, i.e. 3 equity shares for every 25 equity shares held, at an issue price of Rs. 1800 per equity share. Further, the company has fixed the ex-date as November 17, 2025, to determine the shareholders who will be eligible to apply for the issue.

Symbol: ADANIENT
Rights ratio: 3:25
Ex-date: November 17, 2025

Adjustments for Options Contracts:

Strike Price: The adjusted strike price shall be arrived at by multiplying the old strike price by the adjustment factor.

Lot Size: The adjusted market lot shall be arrived at by dividing the old market lot by the adjustment factor. The revised market lot would be 309.

Example: If you are holding a position in ADANIENT 2500 CE, the current lot size is 300. On ex-date, the 2500 CE will be adjusted to 2423.70 CE (Strike Price: 2500 * Adjustment Factor: 0.969485), and the lot size will be adjusted to 309 (Current Lot Size: 300 / Adjustment Factor: 0.969485).

Adjustments for Futures Contracts:

Futures base price: The adjusted Futures base price shall be arrived at by multiplying the old Futures base price by the adjustment factor.

Futures lot size: The adjusted market lot shall be arrived at by dividing the old market lot by the adjustment factor. The revised market lot would be 309.

Example: If you are holding a position in ADANIENT NOV FUT and on pre-ex-date (November 14, 2025), futures close at 2524, on ex-date the price will be adjusted to 2447 (Price on pre-ex-date: 2524 * Adjustment Factor: 0.969485). While the lot size will be adjusted to 309 (Current lot size: 300 / Adjustment Factor: 0.969485).

The above changes shall be effective from November 17, 2025

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