Zerodha Bulletin - Important operational and trading updates

Adjustment of F&O contracts of BANKBARODA due to dividend

Wed, 13 May 2026 12:53:54 +0530

As per the NSE circular, June 05, 2026, the strikes of BANKBARODA 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 BANKBARODA will be marked-to-market on the last cum-dividend date, i.e. June 04, 2026, based on the daily settlement price of the respective futures contract. Subsequently, open positions will be carried forward at the daily settlement price less ₹8.50 (dividend amount) for the respective futures contract.

From June 05, 2026 (ex-dividend date), daily mark-to-market settlement of the futures contracts will continue as per normal procedures.

For example:

Assume you bought 1 lot (2925 quantities) of BANKBARODA June futures on June 04, 2026, at ₹264, and the daily settlement price at market close is ₹270, you would have made a mark-to-market profit of ₹6 per share.

On June 05, 2026, the previous day’s position will be carried forward at ₹261.50 (i.e. 270 − 8.50). If the closing price on June 05, 2026, is ₹266, you’ll make a mark-to-market profit of ₹4.50 per share.

Adjustment for option contracts:

The full value of the dividend, i.e. ₹8.50, will be deducted from all the cum-dividend strike prices on the ex-dividend date. All positions in existing strike prices will continue to exist in the corresponding new adjusted strike prices.

For example:

The strike price of the ₹260 Call Option will be reduced to ₹251.50 on June 05, 2026, and the positions in the ₹260 Call Option will continue to exist in the ₹251.50 Call Option.

The lot size of the F&O contracts will not change.

Also, if you hold equity shares of BANKBARODA in your Demat account as of June 05, 2026 (ex-date), you will be entitled to receive the dividend, which will be credited directly to your primary bank account within 30 to 45 days from the record date.

Adjustment of F&O contracts of BANKINDIA due to dividend

Wed, 13 May 2026 12:45:52 +0530

As per the NSE circular, May 29, 2026, the strikes of BANKINDIA 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 BANKINDIA will be marked-to-market on the last cum-dividend date, i.e. May 28, 2026, based on the daily settlement price of the respective futures contract. Subsequently, open positions will be carried forward at the daily settlement price less ₹4.65 (dividend amount) for the respective futures contract.

From May 29, 2026 (ex-dividend date), daily mark-to-market settlement of the futures contracts will continue as per normal procedures.

For example:

Assume you bought 1 lot (5200 quantities) of BANKINDIA May futures on May 28, 2026, at ₹142, and the daily settlement price at market close is ₹145, you would have made a mark-to-market profit of ₹3 per share.

On May 29, 2026, the previous day’s position will be carried forward at ₹140.35 (i.e. 145 − 4.65). If the closing price on May 29, 2026, is ₹143, you’ll make a mark-to-market profit of ₹2.65 per share.

Adjustment for option contracts:

The full value of the dividend, i.e. ₹4.65, will be deducted from all the cum-dividend strike prices on the ex-dividend date. All positions in existing strike prices will continue to exist in the corresponding new adjusted strike prices.

For example:

The strike price of the ₹140 Call Option will be reduced to ₹135.35 on May 29, 2026, and the positions in the ₹140 Call Option will continue to exist in the ₹135.35 Call Option.

The lot size of the F&O contracts will not change.

Also, if you hold equity shares of BANKINDIA in your Demat account as of May 29, 2026 (ex-date), you will be entitled to receive the dividend, which will be credited directly to your primary bank account within 30 to 45 days from the record date.

Adjustment of F&O contracts of CANBK due to dividend

Wed, 13 May 2026 12:37:56 +0530

As per the NSE circular, June 12, 2026, the strikes of CANBK 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 CANBK will be marked-to-market on the last cum-dividend date, i.e. June 11, 2026, based on the daily settlement price of the respective futures contract. Subsequently, open positions will be carried forward at the daily settlement price less ₹4.20 (dividend amount) for the respective futures contract.

From June 12, 2026 (ex-dividend date), daily mark-to-market settlement of the futures contracts will continue as per normal procedures.

For example:

Assume you bought 1 lot (6750 quantities) of CANBK June futures on June 11, 2026, at ₹131, and the daily settlement price at market close is ₹134, you would have made a mark-to-market profit of ₹3 per share.

On June 12, 2026, the previous day’s position will be carried forward at ₹129.80 (i.e. 134 − 4.20). If the closing price on June 12, 2026, is ₹132, you’ll make a mark-to-market profit of ₹2.20 per share.

Adjustment for option contracts:

The full value of the dividend, i.e. ₹4.20, will be deducted from all the cum-dividend strike prices on the ex-dividend date. All positions in existing strike prices will continue to exist in the corresponding new adjusted strike prices.

For example:

The strike price of the ₹130 Call Option will be reduced to ₹125.80 on June 12, 2026, and the positions in the ₹130 Call Option will continue to exist in the ₹125.80 Call Option.

The lot size of the F&O contracts will not change.

Also, if you hold equity shares of CANBK in your Demat account as of June 12, 2026 (ex-date), you will be entitled to receive the dividend, which will be credited directly to your primary bank account within 30 to 45 days from the record date.

Adjustment of F&O contracts of PNB due to dividend

Wed, 13 May 2026 12:23:57 +0530

As per the NSE circular, June 12, 2026, the strikes of PNB 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 INDIANB will be marked-to-market on the last cum-dividend date, i.e. June 09, 2026, based on the daily settlement price of the respective futures contract. Subsequently, open positions will be carried forward at the daily settlement price less ₹18.25 (dividend amount) for the respective futures contract.

From June 10, 2026 (ex-dividend date), daily mark-to-market settlement of the futures contracts will continue as per normal procedures.

For example:

Assume you bought 1 lot (1000 quantities) of INDIANB June futures on June 09, 2026, at ₹850, and the daily settlement price at market close is ₹865, you would have made a mark-to-market profit of ₹15 per share.

On June 10, 2026, the previous day’s position will be carried forward at ₹846.75 (i.e. 865 − 18.25). If the closing price on June 10, 2026, is ₹860, you’ll make a mark-to-market profit of ₹13.25 per share.

Adjustment for option contracts:

The full value of the dividend, i.e. ₹18.25, will be deducted from all the cum-dividend strike prices on the ex-dividend date. All positions in existing strike prices will continue to exist in the corresponding new adjusted strike prices.

For example:

The strike price of the ₹850 Call Option will be reduced to ₹831.75 on June 10, 2026, and the positions in the ₹850 Call Option will continue to exist in the ₹831.75 Call Option.

The lot size of the F&O contracts will not change.

Also, if you hold equity shares of INDIANB in your Demat account as of June 10, 2026 (ex-date), you will be entitled to receive the dividend, which will be credited directly to your primary bank account within 30 to 45 days from the record date.

Surveillance measure on scrips - May 2026

Wed, 13 May 2026 08:30:58 +0530

In order to enhance market integrity and safeguard the interest of investors, SEBI and exchanges, have introduced various surveillance measures, such as reduction in price bands, periodic call auctions, and moving securities to the Trade to Trade (T2T) segment from time to time.

Enhanced Surveillance Measure (ESM) Stage II: Scrips will be under Trade to Trade category with a price band of 2%, and the trading will be permitted on all trading days under Periodic Call Auction. Read more.

Graded Surveillance Measure (GSM) Stage III: Scrips will be permitted for trading only once a week (Every Monday or the 1st trading day of the week) and an Additional Surveillance Deposit (ASD) of 100% of the trade value to be deposited by the buyer.

Additional surveillance measure (ASM): Scrips will be undergoing an Insolvency Resolution Process (IRP) as per the Insolvency and Bankruptcy Code (IBC) and the stock will trade only once a week (Every Monday or the 1st trading day of the week).

For more details, check the support articles here (ESM, GSM, ASM).

Note: The shares held by you will not be visible on Kite on days other than Mondays but you can check them on Console.

Refer to the table below.

Scrip	Surveillance stage	Effective date
Omega Interactive Technologies Ltd	Non-compliance	2026-05-05
Onix Solar Energy Ltd	GSM Stage 3	2026-05-05
Golden Carpets Ltd	GSM Stage 3	2026-05-05
Geetanjali Credit and Capital Ltd	GSM Stage 3	2026-05-06
Rishab Special Yarns Ltd.	GSM Stage 3	2026-05-07
South Asian Enterprises Ltd.	GSM Stage 3	2026-05-07
JTL Defence Ltd	IBC Stage 1	2026-05-07
Perfect Infraengineers Ltd	IBC Stage 1	2026-05-08
Neueon Corporation Ltd	IBC Stage 1	2026-05-12
PAE Ltd	IBC Stage 1	2026-05-12
Peoples Investments Ltd	GSM Stage 3	2026-05-13
Soni Medicare Ltd	GSM Stage 3	2026-05-13
Jindal Leasefin Ltd	GSM Stage 3	2026-05-13

Current Takeovers and Delisting – May 2026

Wed, 13 May 2026 08:04:27 +0530

Scrip Name	Start Date	End Date	Floor Price/Offer Price	Settlement Date	Sub Type
INDUS FOOD	06-05-2026	12-05-2026	533.76	14-05-2026	Delisting (If you wish to participate, create a ticket)
PIYUSH LIMITED	12-05-2026	18-05-2026	668	27-05-2026	Delisting (If you wish to participate, create a ticket)
SHAHFOOD	13-05-2026	26-05-2026	62.50	02-06-2026	Takeover (If you wish to participate, create a ticket)
APIL	13-05-2026	26-05-2026	33	05-06-2026	Takeover (If you wish to participate, create a ticket)

Rights Entitlements listing in May 2026

Wed, 13 May 2026 08:00:08 +0530

When a company launches a rights issue, eligible shareholders receive Rights Entitlements (RE) in their demat accounts. These REs are not rights shares by themselves and need to be used to apply for the rights shares. The REs will be in the form of temporary demat securities which will lapse if you do not use them to apply for the rights or sell them.

The following REs are listed in the month of January:

Company	Rights Entitlement (RE)	ISIN	RE Listing date	RE Last trading date	Last date to apply for rights shares
Tirupati Innovar Limited	TIRUIN-RE	INE812Q20024	07-05-2026	11-05-2026	15-05-2026
Shakti Press Limited	SHAKTI-RE	INE794C20016	07-05-2026	13-05-2026	18-05-2026
EFC (I) Limited	EFCIL-RE	INE886D20018	13-05-2026	18-05-2026	22-05-2026

Latest Intraday leverages and Square-off timings

Wed, 13 May 2026 07:44:48 +0530

Intraday (MIS) leverages for the day are as mentioned below:

Segment	Leverage /Margins
Equity	5X (20% of the trade value based on the volatility of the stock(VaR+ELM+Adhoc margins of the exchange))
Index F&O	1X (100% of NRML margins(SPAN + Exposure))
Stock F&O	1X (100% of NRML margins(SPAN + Exposure))
Currency Futures	1X (100% of NRML margins(SPAN + Exposure))
Commodity Futures	1X (100% of NRML margins(SPAN + Exposure))

You can check the NRML and MIS margins required on our margin calculator.

Open intraday positions are auto-squared-off by our system at/after the below-mentioned time for each segment:

Segments	Auto square off time
Equity/Cash	3:25 PM
Equity/Index Derivatives	3:26 PM
Commodities	10 minutes before close

Note:

Cover orders (CO) are only allowed for NSE equity orders. Learn more.
Based on market volatility, leverage on intraday products(MIS/CO) can be reduced/removed during the day at the discretion of our risk management team.
Based on market volatility, intraday square-off timings can change at the discretion of our risk management team. The same will be updated above.
To learn more about why lower leverages, and no cover orders (CO), during higher volatility periods, check out this post on Z-connect.

Current Buybacks - May 2026

Fri, 08 May 2026 08:00:31 +0530

Scrip Name	Start Date	End Date	Floor Price/Offer Price	Settlement Date	Sub Type
EMAPARTNER	07-05-2026	13-05-2026	100	20-05-2026	Buyback (If you wish to participate, create a ticket)
JAGSNPHARM	08-05-2026	14-05-2026	250	21-05-2026	Buyback

Note:

Order acceptance closes on the buyback end date at 1 PM
A fresh order window opens one day prior to the buyback end date at 6:01 PM and remains open until 1 PM on the end date.
To manage heavy traffic, the buyback window will open in multiple phases.
Clients who have already applied in an earlier window need not apply again, unless they wish to place a fresh order.
Your order will be placed on the Exchange platform only on the buyback closure date.
You must hold the stock until the buyback to remain eligible.
Charges for the buyback order placed online are ₹20 + GST.
Once you place an order online, you should not sell those shares.
Pledged quantity, MTF, and T1 holdings are not eligible for the buyback.
After you submit the order and the window closes, the tendered shares won’t appear in your holdings until settlement. The placed order will also no longer be visible in the console and can’t be cancelled.
Funds will be credited to the client’s primary bank account or the trading account if there is a bank-related issue.
Clients may tender more or fewer shares than their eligible quantity. Final acceptance will be determined by the company’s RTA.

Issue with order placement on MCX

Wed, 06 May 2026 11:40:52 +0530

There is an intermittent issue at the exchange (MCX) across brokers, due to which some orders may get rejected or order status updates may be delayed.

We are following up with the exchange to get this resolved at the earliest.

Adjustment of F&O contracts of INDIANB due to dividend

Tue, 05 May 2026 14:17:10 +0530

As per the NSE circular, June 10, 2026, the strikes of INDIANB options and the base price of the futures contracts will be revised due to extraordinary dividends.

Adjustment for future contracts:

From June 10, 2026 (ex-dividend date), daily mark-to-market settlement of the futures contracts will continue as per normal procedures.

For example:

Adjustment for option contracts:

For example:

The strike price of the ₹850 Call Option will be reduced to ₹831.75 on June 10, 2026, and the positions in the ₹850 Call Option will continue to exist in the ₹831.75 Call Option.

The lot size of the F&O contracts will not change.

Additional exposure margin on securities under MWPL

Sat, 02 May 2026 12:29:18 +0530

Starting May 04, 2026, an additional exposure margin of 15% in the equity derivatives segment will be levied on F&O contracts of securities where the top 10 clients together account for more than 20% of the Market-Wide Position Limit (MWPL).

For securities where an additional surveillance margin is already applicable, the higher of the additional exposure margin or the additional surveillance margin will be levied.

This framework will apply immediately after the expiry of the April 2026 derivative contracts. The list of securities is as follows:

Sr. No.	Symbol	Security Name
1	ADANIENSOL	Adani Energy Solutions Limited
2	AMBUJACEM	Ambuja Cements Limited
3	AUROPHARMA	Aurobindo Pharma Limited
4	BANDHANBNK	Bandhan Bank Limited
5	CONCOR	Container Corporation of India Limited
6	DLF	DLF Limited
7	GLENMARK	Glenmark Pharmaceuticals Limited
8	IDEA	Vodafone Idea Limited
9	INOXWIND	Inox Wind Limited
10	LICHSGFIN	LIC Housing Finance Limited
11	NBCC	NBCC (India) Limited
12	NMDC	NMDC Limited
13	PATANJALI	Patanjali Foods Limited
14	SAIL	Steel Authority of India Limited
15	SAMMAANCAP	Sammaan Capital Limited
16	MANAPPURAM	Manappuram Finance Limited
17	JIOFIN	Jio Financial Services Limited
18	RBLBANK	RBL Bank Limited
19	IEX	Indian Energy Exchange Limited
20	JSWSTEEL	JSW Steel Limited

You can check the NSE circular here.

Trading holiday on account of Maharashtra Day on May 01, 2026

Thu, 30 Apr 2026 08:33:21 +0530

The equity, F&O, and currency markets will remain closed on May 01, 2026, on account of Maharashtra Day. Commodity markets will be closed for the first half, and trading will be open only in the evening session (5:00 pm onwards).

Since it’s also a settlement holiday, your account balance on May 01, 2026, will not include the credits from:

Intraday and F&O profits made in the Equity segment on April 30, 2026.
Profits (Realized and Marked to Market) from trades or positions in the commodity derivatives on April 30, 2026.
Credits from exiting option positions on April 30, 2026.

You can check your funds statement on Console to see the unsettled credits in your account. Keep track of trading and settlement holidays here.

Note:

The instant withdrawal facility will remain available for fund withdrawals.
Regular withdrawal requests placed on May 01, 2026, will be processed on May 02, 2026, and you will receive the funds by 9 PM on May 02, 2026.

Surveillance measure on scrips - April 2026

Thu, 30 Apr 2026 08:00:44 +0530

For more details, check the support articles here (ESM, GSM, ASM).

Note: The shares held by you will not be visible on Kite on days other than Mondays but you can check them on Console.

Refer to the table below.

Scrip	Surveillance stage	Effective date
Swadha Nature Ltd	GSM Stage 3	2026-04-07
Classic Filaments Ltd	GSM Stage 3	2026-04-07
Adjia Technologies Ltd	GSM Stage 3	2026-04-08
Aanchal Ispat Ltd	IBC Stage 1	2026-04-09
Alka India Ltd	IBC Stage 1	2026-04-09
Axis Solutions Ltd	IBC Stage 1	2026-04-09
Kanel Industries Ltd	IBC Stage 1	2026-04-09
Steelco Gujarat Ltd	IBC Stage 1	2026-04-09
AGS Transact Technologies Ltd	IBC Stage 1	2026-04-10
CLC Industries Ltd*	IBC Stage 1	2026-04-10
Dharan Infra-EPC Ltd*	IBC Stage 1	2026-04-10
Embassy Developments Ltd	IBC Stage 1	2026-04-10
Reliance Infrastructure Ltd	IBC Stage 1	2026-04-10
SAB Events & Governance Now Media Ltd	IBC Stage 1	2026-04-13
Jindal Leasefin Limited	GSM Stage 3	2026-04-15
Bil Vyapar Ltd	IBC Stage 1	2026-04-15
Morarjee Textiles Ltd	IBC Stage 1	2026-04-15
Pressure Sensitive Systems India Ltd	Noncompliance	2026-04-15
Suumaya Corporation Ltd	Noncompliance	2026-04-15
Sahaj Fashions Ltd	Noncompliance	2026-04-15
SW Investments Ltd	GSM Stage 3	2026-04-16
Sashwat Technocrats Ltd	GSM Stage 3	2026-04-16
Mathew Easow Research Securities Ltd	GSM Stage 3	2026-04-16
Pioneer Agro Extracts Ltd	GSM Stage 3	2026-04-16
Senthil Infotek Ltd	GSM Stage 3	2026-04-16
Fourth Generation Information Systems Ltd	GSM Stage 3	2026-04-16
Capfin India Ltd	GSM Stage 3	2026-04-16
Gensol Engineering Ltd	IBC Stage 1	2026-04-17
Tasty Dairy Specialities Ltd	IBC Stage 1	2026-04-17
SRM Energy Ltd	GSM Stage 3	2026-04-20
Esha Media Research Ltd	GSM Stage 3	2026-04-20
Fraser and Company Ltd	GSM Stage 3	2026-04-21
Ace Edutrend Ltd.	GSM Stage 3	2026-04-22
Kobo Biotech Ltd	IBC Stage 1	2026-04-22
Pasupati Fincap Ltd.	GSM Stage 3	2026-04-23
Woodsvilla Ltd.	GSM Stage 3	2026-04-23
Santosh Fine-Fab Ltd.	GSM Stage 3	2026-04-23
Krishna Capital and Securities Ltd	GSM Stage 3	2026-04-24
Supha Pharmachem Ltd	IBC Stage 1	2026-04-24
Setubandhan Infrastructure Ltd*	IBC Stage 1	2026-04-27
Simbhaoli Sugars Ltd*	IBC Stage 1	2026-04-27
Khandelwal Extraction Ltd.	GSM Stage 3	2026-04-27
Otco International Ltd.	GSM Stage 3	2026-04-27
Hckk Ventures Limited	GSM Stage 3	2026-04-27
Tiaan Consumer Ltd	Noncompliance	2026-04-27
Minolta Finance Ltd.	GSM Stage 3	2026-04-28
Bcl Enterprises Ltd	GSM Stage 3	2026-04-28
Sunshine Capital Ltd	Noncompliance	2026-04-29
Golkonda Aluminium Extrusions Ltd	Noncompliance	2026-04-29
String Metaverse Ltd	IBC Stage 1	2026-04-30

Current Buybacks - April 2026

Thu, 30 Apr 2026 08:00:21 +0530

Scrip Name	Start Date	End Date	Floor Price/Offer Price	Settlement Date	Sub Type
PURETROP	17-04-2026	23-04-2026	200	30-04-2026	Buyback
AUROPHARMA	23-04-2026	29-04-2026	1475	07-05-2026	Buyback
WINDLAS	30-04-2026	07-05-2026	1000	14-05-2026	Buyback

Note:

Order acceptance closes on the buyback end date at 1 PM
A fresh order window opens one day prior to the buyback end date at 6:01 PM and remains open until 1 PM on the end date.
To manage heavy traffic, the buyback window will open in multiple phases.
Clients who have already applied in an earlier window need not apply again, unless they wish to place a fresh order.
Your order will be placed on the Exchange platform only on the buyback closure date.
You must hold the stock until the buyback to remain eligible.
Charges for the buyback order placed online are ₹20 + GST.
Once you place an order online, you should not sell those shares.
Pledged quantity, MTF, and T1 holdings are not eligible for the buyback.
After you submit the order and the window closes, the tendered shares won’t appear in your holdings until settlement. The placed order will also no longer be visible in the console and can’t be cancelled.
Funds will be credited to the client’s primary bank account or the trading account if there is a bank-related issue.
The buyback amount is treated as dividend income. The company will deduct TDS at a rate of 10% for resident shareholders and 20% for non-resident (NRI) shareholders.
Clients may tender more or fewer shares than their eligible quantity. Final acceptance will be determined by the company’s RTA.

Adjustment of F&O contracts of TECHM due to dividend

Wed, 29 Apr 2026 13:46:55 +0530

As per the NSE circular, July 03, 2026, the strikes of TECHM 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 TECHM will be marked-to-market on the last cum-dividend date, i.e. July 02, 2026, based on the daily settlement price of the respective futures contract. Subsequently, open positions will be carried forward at the daily settlement price less ₹36 (dividend amount) for the respective futures contract.

From July 03, 2026 (ex-dividend date), daily mark-to-market settlement of the futures contracts will continue as per normal procedures.

For example:

Assume you bought 1 lot (600 quantities) of TECHM July futures on July 02, 2026, at ₹1,457, and the daily settlement price at market close is ₹1,480, you would have made a mark-to-market profit of ₹23 per share.

On July 03, 2026, the previous day’s position will be carried forward at ₹1,444 (i.e. 1480 − 36). If the closing price on July 03, 2026, is ₹1,465, you’ll make a mark-to-market profit of ₹21 per share.

Adjustment for option contracts:

The full value of the dividend, i.e. ₹36, will be deducted from all the cum-dividend strike prices on the ex-dividend date. All positions in existing strike prices will continue to exist in the corresponding new adjusted strike prices.

For example:

The strike price of the ₹1,440 Call Option will be reduced to ₹1,404 on July 03, 2026, and the positions in the ₹1,440 Call Option will continue to exist in the ₹1,404 Call Option.

The lot size of the F&O contracts will not change.

Also, if you hold equity shares of TECHM in your Demat account as of July 03, 2026 (ex-date), you will be entitled to receive the dividend, which will be credited directly to your primary bank account within 30 to 45 days from the record date.

Adjustment of F&O contracts of INFY due to dividend

Wed, 29 Apr 2026 13:30:18 +0530

As per the NSE circular, June 10, 2026, the strikes of INFY 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 INFY will be marked-to-market on the last cum-dividend date, i.e. June 09, 2026, based on the daily settlement price of the respective futures contract. Subsequently, open positions will be carried forward at the daily settlement price less ₹25 (dividend amount) for the respective futures contract.

From June 10, 2026 (ex-dividend date), daily mark-to-market settlement of the futures contracts will continue as per normal procedures.

For example:

Assume you bought 1 lot (400 quantities) of INFY June futures on June 09, 2026, at ₹1,182, and the daily settlement price at market close is ₹1,200, you would have made a mark-to-market profit of ₹18 per share.

On June 10, 2026, the previous day’s position will be carried forward at ₹1,175 (i.e. 1200 − 25). If the closing price on June 10, 2026, is ₹1,190, you’ll make a mark-to-market profit of ₹15 per share.

Adjustment for option contracts:

The full value of the dividend, i.e. ₹25, will be deducted from all the cum-dividend strike prices on the ex-dividend date. All positions in existing strike prices will continue to exist in the corresponding new adjusted strike prices.

For example:

The strike price of the ₹1,180 Call Option will be reduced to ₹1,155 on June 10, 2026, and the positions in the ₹1,180 Call Option will continue to exist in the ₹1,155 Call Option.

The lot size of the F&O contracts will not change.

Also, if you hold equity shares of INFY in your Demat account as of June 10, 2026 (ex-date), you will be entitled to receive the dividend, which will be credited directly to your primary bank account within 30 to 45 days from the record date.

Current Takeovers and Delisting – April 2026

Tue, 28 Apr 2026 08:00:27 +0530

Scrip Name	Start Date	End Date	Floor Price/Offer Price	Settlement Date	Sub Type
GRAMEVA	01-04-2026	16-04-2026	30	30-04-2026	Takeover (If you wish to participate, create a ticket)
ADCINDIA	02-04-2026	17-04-2026	1233.59	22-04-2026	Takeover
ORIENT STEEL	02-04-2026	09-04-2026	237	13-04-2026	Delisting (If you wish to participate, create a ticket)
SWARNSAR	06-04-2026	20-04-2026	32.15	29-04-2026	Takeover
LCCINFOTEC	06-04-2026	20-04-2026	4.55	24-04-2026	Takeover (If you wish to participate, create a ticket)
BANGANGA	06-04-2026	20-04-2026	1.45	24-04-2026	Takeover (If you wish to participate, create a ticket)
INDOBORAX	10-04-2026	24-04-2026	256.30	30-04-2026	Takeover
ASPIRA	15-04-2026	28-04-2026	55	13-05-2026	Takeover (If you wish to participate, create a ticket)
TULIVE	15-04-2026	21-04-2026	719.30	30-04-2026	Delisting
SWITCHTE	16-04-2026	29-04-2026	66	14-05-2026	Takeover (If you wish to participate, create a ticket)
JOLYPLS	17-04-2026	30-04-2026	10	15-05-2026	Takeover (If you wish to participate, create a ticket)
KWIL	23-04-2026	07-05-2026	21.33	21-05-2026	Takeover (If you wish to participate, create a ticket)
SIMANDHAR	20-04-2026	04-05-2026	30	08-05-2026	Takeover (If you wish to participate, create a ticket)
JAUSPOL	22-04-2026	06-05-2026	16.05	12-05-2026	Takeover (If you wish to participate, create a ticket)
STYLAMIND	22-04-2026	06-05-2026	2250	13-05-2026	Takeover
AAATECH	23-04-2026	07-05-2026	101	13-05-2026	Takeover
TEJASSVI	28-04-2026	12-05-2026	10	26-05-2026	Takeover (If you wish to participate, create a ticket)
NNTL	30-04-2026	14-05-2026	4.30	29-05-2026	Takeover (If you wish to participate, create a ticket)

Adjustment of F&O contracts of OFSS due to dividend

Mon, 27 Apr 2026 09:06:31 +0530

As per the NSE circular, May 07, 2026, the strikes of OFSS 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 OFSS will be marked-to-market on the last cum-dividend date, i.e. May 06, 2026, based on the daily settlement price of the respective futures contract. Subsequently, open positions will be carried forward at the daily settlement price less ₹270 (dividend amount) for the respective futures contract.

From May 07, 2026 (ex-dividend date), daily mark-to-market settlement of the futures contracts will continue as per normal procedures.

For example:

Assume you bought 1 lot (75 quantities) of OFSS May futures on May 06, 2026, at ₹8,841, and the daily settlement price at market close is ₹8,900, you would have made a mark-to-market profit of ₹59 per share.

On May 07, 2026, the previous day’s position will be carried forward at ₹8,630 (i.e. 8,900 − 270). If the closing price on May 07, 2026, is ₹8,700, you’ll make a mark-to-market profit of ₹70 per share.

Adjustment for option contracts:

The full value of the dividend, i.e. ₹270, will be deducted from all the cum-dividend strike prices on the ex-dividend date. All positions in existing strike prices will continue to exist in the corresponding new adjusted strike prices.

For example:

The strike price of the ₹6,000 Call Option will be reduced to ₹5,730 on May 07, 2026, and the positions in the ₹6,000 Call Option will continue to exist in the ₹5,730 Call Option.

The lot size of the F&O contracts will not change.

Also, if you hold equity shares of OFSS in your Demat account as of May 07, 2026 (ex-date), you will be entitled to receive the dividend, which will be credited directly to your primary bank account within 30 to 45 days from the record date.

Rights Entitlements listing in April 2026

Mon, 27 Apr 2026 08:17:30 +0530

The following REs are listed in the month of January:

Company	Rights Entitlement (RE)	ISIN	RE Listing date	RE Last trading date	Last date to apply for rights shares
Maha Rashtra Apex Corporation Ltd	MAHAPE-RE	INE843B20013	02-04-2026	24-04-2026	30-04-2026
Sunrest Lifescience Ltd	SUNREST-RE	INE0PLZ20012	02-04-2026	27-04-2026	30-04-2026
Falcon Technoprojects India Ltd	FALTECH-RE	INE0PQK20013	07-04-2026	10-04-2026	16-04-2026
Regal Entertainment & Consultants Ltd	REGAL-RE	INE101E20010	07-04-2026	15-04-2026	20-04-2026
Gujarat Cotex Ltd	GUJCOT-RE	INE004C20010	10-04-2026	05-05-2026	08-05-2026
Automobile Products of India Ltd	AUTOPRD-RE	INE0NY120012	15-04-2026	20-04-2026	24-04-2026
Panafic Industrials Ltd	PANAFIC-RE	INE655P20011	24-04-2026	04-05-2026	08-05-2026
Gravity (India) Ltd	GRAVITY-RE	INE995A20013	27-04-2026	19-05-2026	25-05-2026

Scheme of arrangement in Vedanta Limited (VEDL)

Thu, 23 Apr 2026 09:43:45 +0530

Vedanta Limited (VEDL) is undergoing a corporate action for the Scheme of Arrangement (Demerger).

Corporate action Ex-date: April 30, 2026

All existing contracts with expiry dates May 26, 2026, June 30, 2026 and July 28, 2026, will expire on Wednesday, April 29, 2026. The contracts will be settled by way of physical settlement. You can read more on our policy on physical settlement here.

Note: The expiry date on our trading platform would display the original dates, i.e., May 26, 2026, June 30, 2026 and July 28, 2026; however, the contract will be available for trading only till April 29, 2026. On April 29, 2026, the NRML order type will remain blocked throughout the day(All intraday order types will be available to trade).

Derivative contracts on VEDL shall be introduced again with expiry dates—May 26, 2026, June 30, 2026 and July 28, 2026, from April 30, 2026, onwards, it is the ex-date of the underlying. The list of new option strikes will be provided one day prior to the ex-date/effective date.

A pre-open call auction session shall be conducted for VEDL in the capital market segment on April 30, 2026, from 9 AM to 10 AM. This is to determine the opening price of VEDL, based on which a minimum of five in-the-money strikes, one at-the-money strike, and five out-of-the-money strikes will be made available to the market. New option strikes will be made available based on the price discovered in the SPOS session of the Capital Market segment on the ex-date.

Refer to the NSE circular here and the adjustment details here.

For MTF Positions - MTF positions will be squared off a day before the ex-date for corporate actions (except bonus, split, dividend, and rights).

Positions will be squared off on April 29, 2026, for the upcoming demerger, with a record date of April 30, 2026.

To retain your holdings, please convert to delivery (CNC) by 4:00 PM, April 28, 2026.

More on MTF here.

Offer for sale (OFS) – April 2026

Wed, 22 Apr 2026 08:00:23 +0530

Below is the list of all Offer for sale open in BSE/NSE.

You can place an order from the Console during the offer period.

Scrip Name	Category	Start Date	End Date	Floor Price	Cut-off Price	Maximum allowed bid quantity
HMAAGRO (BSE) ##	Non-Retail	April 9 10:00 AM	April 9, 02:30 PM	18	N/A	N/A
HMAAGRO (BSE) ##	Retail	April 10 10:00 AM	April 10, 02:30 PM	N/A	20.71	9657
META (BSE) ##	Non-Retail	April 21 10:00 AM	April 21, 02:30 PM	66	N/A	N/A
META (BSE) ##	Retail	April 22 10:00 AM	April 22, 02:30 PM	N/A	66.15	3023

# Single price methodology

## Multiple price methodology

Note: Orders above Rs. 2 lakhs will be considered as Non-Institutional Investor (NII) category orders [non-retail].

Your orders will be placed on the Exchange platform only on the offer end date/time mentioned in the above table.
Please note that Zerodha will not be funding your OFS Purchase.

Know more about the maximum allowed bid quantity here.

A charge of Rs. 20+ 18% GST per order will be charged for all OFS orders placed. These charges are non-refundable irrespective of whether the order is accepted/rejected/failed.

The demand and cumulative quantity in the general category on the second day of OFS indicate the carried forward bids of the general category. These bids shall be considered for allotment if the issue size reserved for the retail category is undersubscribed.
As per SEBI OFS Guidelines, retail bids below the cut-off price shall not be eligible for allocation.

Quarterly Settlement of Funds - April 2026

Thu, 16 Apr 2026 12:16:53 +0530

All unused funds in your Zerodha account as of the end of the day on April 17, 2026, will be transferred back to your primary bank account as part of the mandatory quarterly settlement process. You can expect to receive the credit of funds in your bank account during the day on April 18, 2026.

Stockbrokers are required to transfer unused funds back to the client’s bank account as per SEBI regulations. Learn more.

Note:

Funds added back to the trading account before 17th April, and any remaining unused funds will be settled back to the bank account as per regulatory requirements.
Withdrawal requests placed on the 17th April onwards will be processed on the 18th April.
Instant withdrawal will not be available on April 18, 2026.

MCX option contract expiry – April 2026

Wed, 15 Apr 2026 15:57:00 +0530

All ITM Crudeoil and Crudeoil Mini options contracts expiring on April 16th, 2026, will devolve into a futures contract. Maintain adequate margins for the futures contract before 7 PM on April 16th to avoid a square-off.

All ITM Copper and Zinc expiring on April 23rd, 2026, will devolve into a futures contract. Maintain adequate margins for the futures contract before 7 PM on April 23rd to avoid a square-off.

All ITM Naturalgas and NatgasMini option contracts expiring on April 23rd, 2026, will devolve into a futures contract. Maintain adequate margins for the futures contract before 7 PM on April 23rd to avoid a square-off.

All ITM SilverM options contracts expiring on April 21st, 2026, will devolve into a futures contract. Maintain adequate margins for the futures contract before 7 PM on April 21st to avoid a square-off.

All ITM Silver options contracts expiring on April 24th, 2026, will devolve into a futures contract. Maintain adequate margins for the futures contract before 7 PM on April 24th to avoid a square-off.

All ITM GoldM options contracts expiring on April 28th, 2026, will devolve into a futures contract. Maintain adequate margins for the futures contract before 7 PM on April 28th to avoid a square-off.

All ITM Gold options contracts expiring on April 30th, 2026, will devolve into a futures contract. Maintain adequate margins for the futures contract before 7 PM on April 30th to avoid a square-off.

Check the margin calculator for margin requirements.

Note: Fresh long options positions are not allowed in NRML on expiry day.

Electricity contract expiry - April 2026

Wed, 15 Apr 2026 15:54:56 +0530

Electricity contract expiring on April 29th, 2026, is a cash-settled contract. Please square off your position in this contract before 9 PM on April 28th,2026. Failing to do so, we may square off the position to avoid uncertainty in the final settlement price.

MCX Base metals contract expiry – April 2026

Wed, 15 Apr 2026 15:54:09 +0530

Aluminum, Alumini, Copper, Lead, Leadmini, Zinc, and Zincmini contracts expiring on April 30th, 2026, are staggered delivery contracts. Please square off your positions in these contracts before 10:30 PM on April 27th, 2026, failing which we may square off your position to avoid physical delivery.

MCX Precious metals expiry - April 2026

Wed, 15 Apr 2026 15:52:32 +0530

GoldM contract expiring on May 5th, 2026, is a staggered delivery contract. Please square off your position in this contract before 10:30 PM on April 30th, 2026, failing which we may square off the position to avoid physical delivery.

The Gold Guinea, GoldTen, Gold10G, and Gold Petal contracts expiring on April 30th, 2026, are a staggered delivery contracts. Please square off your position in this contract before 10:30 PM on April 27th, 2026, failing which we may square off the position to avoid physical delivery.

Silver contract expiring on May 5th, 2026, is a staggered delivery contract. Please square off your position in this contract before 10:30 PM on April 28th, 2026, failing which we may square off the position to avoid physical delivery.

SilverM and SilverMIC contract expiring on April 30th, 2026, is a staggered delivery contract. Please square off your position in this contract before 10:30 PM on April 23th, 2026, failing which we may square off the position to avoid physical delivery.

MCX Agri contracts expiry – April 2026

Wed, 15 Apr 2026 15:50:35 +0530

The Menthaoil and Cardamom contract, expiring on April 30th, 2026, is a staggered delivery contract. Please square off your positions in these contracts before 12:30 PM on April 27th, 2026, failing which we may square off the positions to avoid physical delivery.

Trading holiday on account of Dr. Baba Saheb Ambedkar Jayanti on April 14, 2026

Mon, 13 Apr 2026 08:24:11 +0530

The equity, F&O, and currency markets will remain closed on April 14, 2026, on account of Dr. Baba Saheb Ambedkar Jayanti. Commodity markets will be closed for the first half, and trading will be open only in the evening session (5:00 pm onwards).

Since it’s also a settlement holiday, your account balance on April 14, 2026, will not include the credits from:

Intraday and F&O profits made in the Equity segment on April 13, 2026.
Profits (Realized and Marked to Market) from trades or positions in the commodity derivatives on April 13, 2026.
Credits from exiting option positions on April 13, 2026.

You can check your funds statement on Console to see the unsettled credits in your account. Keep track of trading and settlement holidays here.

Note:

The instant withdrawal facility will remain available for fund withdrawals.
Regular withdrawal requests placed on April 14, 2026, will be processed on April 15, 2026, and you will receive the funds by 2 PM on April 16, 2026.

Trading holiday on account of Good Friday on April 03, 2026

Thu, 02 Apr 2026 08:45:57 +0530

On account of Good Friday, all segments, equity, F&O, currency, and commodity markets will remain closed on April 03, 2026.

Keep track of trading and settlement holidays here.

You can check your funds statement on Console to see the unsettled credits in your account.

Note:

The instant withdrawal facility will remain available for fund withdrawals.
Regular withdrawal requests placed on April 03, 2026, will be processed on April 04, 2026, and you will receive the funds by 9 PM on April 04, 2026.