Description
NSE announces adjustment of F&O contracts in WIPRO due to dividend payment of Rs 6/- per share with ex-date on January 27, 2026.
Summary
NSE has announced the adjustment of Futures and Options contracts in WIPRO Limited due to a dividend payment. The company will pay a dividend of Rs 6/- per share (face value Rs 2/-) with an ex-date and effective date of January 27, 2026. Members must load updated contract files before trading on the ex-date.
Key Points
- Company: WIPRO LIMITED
- Corporate Action: Dividend payment
- Face Value: Rs 2/-
- Dividend Amount: Rs 6/- per share
- Ex-Date & Effective Date: January 27, 2026
- Revised option strike prices will be provided one day prior to the ex-date
- Adjustments made as per SEBI guidelines for F&O contracts on corporate actions
Regulatory Changes
No new regulatory changes. This circular implements existing SEBI guidelines for adjustments to futures and options contracts following corporate action announcements.
Compliance Requirements
- Members must load updated contract.gz/MII contract files (NSE_FO_contract_ddmmyyyy.csv.gz) and spread files (NSE_FO_spdcontract_ddmmyyyy.csv.gz) on their trading applications before trading on January 27, 2026
- Files available from faoftp/faocommon directory on Extranet server
- MII contract and spread files also available on NSE website: https://www.nseindia.com/all-reports-derivatives
- Refer to adjustment details at: https://www.nseindia.com/products-services/equity-derivatives-corporate-actions-adjustments
- Position adjustment methodology will be separately communicated by respective Clearing Corporation
Important Dates
- Circular Date: January 19, 2026
- Ex-Date/Effective Date: January 27, 2026
- Contract File Availability: One day prior to ex-date (January 26, 2026)
Impact Assessment
Market Impact: Medium - Affects all outstanding F&O positions in WIPRO, requiring contract adjustments.
Operational Impact:
- Revised option strike prices and futures base prices will appear in decimal places and be rounded to nearest tick size
- Lot sizes will be rounded to nearest integer
- Details will be available in latest contract.gz file one day before ex-date
- Members must ensure systems are updated with revised contract specifications to avoid trading disruptions
Trading Impact: Standard dividend adjustment process. No trading halt expected, but members need to be prepared with updated contract parameters before market opening on January 27, 2026.
Contact: Toll Free: 1800-266-0050 (Option 1) | Email: msm@nse.co.in
Impact Justification
Standard dividend adjustment affecting F&O contracts for a major stock. Medium impact as it requires members to update contract files and adjust positions before ex-date.