Description
NSE announces adjustment of F&O contracts for Oracle Financial Services Software Limited (OFSS) due to a dividend of Rs 270/- per share with ex-date of May 7, 2026.
Summary
NSE has announced adjustments to Futures and Options contracts for Oracle Financial Services Software Limited (symbol: OFSS) in accordance with SEBI guidelines for corporate action adjustments. The company has declared a dividend of Rs 270/- per share (face value Rs 5/-), with the ex-date and effective date set for May 7, 2026. Revised option strike prices and futures base prices will be communicated one trading day prior to the ex-date.
Key Points
- Symbol: OFSS (Oracle Financial Services Software Limited)
- Corporate action type: Dividend
- Face value: Rs 5/- per share
- Dividend amount: Rs 270/- per share
- Ex-date / Effective date: May 7, 2026
- Revised option strike prices will be provided one day prior to the ex-date
- Adjusted strike/futures prices and lot sizes may appear in decimal places, rounded to nearest tick size; lot sizes rounded to nearest integer
Regulatory Changes
Pursuant to SEBI guidelines on adjustments to futures and options contracts on announcement of corporate actions, all F&O contracts on OFSS will be adjusted to account for the declared dividend. The adjustment methodology for position adjustments will be separately communicated by the respective Clearing Corporation.
Compliance Requirements
- Members must load the updated contract files —
NSE_FO_contract_ddmmyyyy.csv.gz(contract.gz / MII contract) andNSE_FO_spdcontract_ddmmyyyy.csv.gz(spread file) — on their trading applications before trading commences on the ex-date (May 7, 2026). - Updated files are available from the
faoftp/faocommondirectory on the NSE Extranet server. - Files are also available on the NSE website at https://www.nseindia.com/all-reports-derivatives
- Members should refer to https://www.nseindia.com/products-services/equity-derivatives-corporate-actions-adjustments for detailed adjustment information.
Important Dates
- Circular date: April 24, 2026
- Ex-date / Effective date for OFSS dividend adjustment: May 7, 2026
- Revised strike prices to be published: May 6, 2026 (one day prior to ex-date)
Impact Assessment
The Rs 270/- dividend represents a substantial payout relative to the Rs 5/- face value, which will result in meaningful adjustments to OFSS F&O contract strike prices and futures base prices. Traders and members holding open positions in OFSS futures and options contracts should anticipate revised contract specifications effective May 7, 2026. Failure to load updated contract files before trading on the ex-date could result in trading on stale contract parameters. The adjustment is a standard SEBI-mandated process and does not indicate any adverse regulatory action.
Impact Justification
Large dividend of Rs 270/- (vs face value Rs 5/-) will trigger mandatory F&O contract adjustments, affecting strike prices and futures base prices for OFSS derivatives traders, but is a routine SEBI-mandated corporate action process.