Query regarding Super Orders on Corporate Actions

Need Help ℹī¸ Query Resolved!✅
1

@PravinJ @Hardik @RahulDeshpande @Naman
This is a mail I have been receiving from Dhan since yesterday. So do I need to modify the super order or I need to ignore this mail since the corporate action is only related to dividends?
This is the mail from Dhan below:
"We would like to inform you that you have active Super Orders on Dhan. Please be aware that few of these stocks will undergo corporate actions as below on respective ex-date. As a result, the prices of the stock will change in accordance with the corporate action. The details are as follows:

|Stock Name|Corporate Action Name|Ex Date|
|Punjab National Bank|DIVIDEND|2025-06-20|

Your current Super Order in these stocks will be cancelled before market opens on the respective ex-date. If any position or holding associated with it, will remain as it is. To avoid any unintended consequences, we kindly ask you to review."

2

bhai after dividend credit your stock price adjust against it so if you buy at 100 now stock is 105 on ex dividend is say credit of 3 rupees then stock adjust to 102, like that if you in profit hold otherwise you purchase at 105 or more it will be loss , this is for example only i think you can understand.

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3

Hi @Prachurjya_Borkakoty Super Orders are cancelled when there are corporate actions that affect the price of the stock.

We send the communication actively to you so that you are aware of the same and adjust your orders manually or set forever orders depending on how you want to maintain the ongoing position. Hope this clarifies.

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4

Got it. Thanks.

5

Thanks for the clarification.