As part of the Scheme of Arrangement approved by NSE, Hindustan Unilever Ltd. (INE030A01027) is undergoing a demerger. This will lead to the following changes across F&O contracts, MTF positions, and pledged holdings:

F&O Contract Expiry Update

• No new positions will be allowed in HINDUNILVR Futures & Options from Tuesday, December 2, 2025.

• All existing F&O contracts with expiries on December 30, 2025, January 27, 2026, and February 24, 2026 will now expire early on Thursday, December 4, 2025.

• These contracts will be physically settled in accordance with our Physical Settlement Policy.

• While expiry dates on the platform will still show the original dates, trading in these contracts will stop after December 4.

• New contracts will be re-listed on Friday, December 5, 2025, based on the opening price discovered during the Special Pre-Open Session (9:00 AM – 10:00 AM).

For MTF Clients

• From Monday, December 1, 2025, all MTF-funded HINDUNILVR positions must maintain 100% margin.

• On Thursday, December 4, 2025, your HINDUNILVR MTF positions will be automatically converted to CNC.

• Please ensure you have sufficient funds to meet the margin requirement post-conversion to avoid RMS square-off.

Pledged Holdings – Haircut Update

• All pledged HINDUNILVR shares will be unpledged on December 4, 2025.

• From this date, the haircut will be increased to 100%, and the stock will no longer provide collateral value.

For more information, refer to the NSE circular here and the adjustment details here.