NSE has announced the adjustment of Futures and Options contracts for Indian Bank (symbol: INDIANB) pursuant to the company’s dividend announcement. In accordance with SEBI guidelines on corporate action adjustments for derivatives contracts, revised strike prices and contract details will be effective from the ex-date of June 10, 2026.

Key Points

• Indian Bank (INDIANB) has declared a dividend of Rs 18.25/- per share on a face value of Rs 10/-
• All F&O contracts on INDIANB will be adjusted as per SEBI guidelines for corporate actions
• Ex-date and effective date for the adjustment: June 10, 2026
• Revised option strike prices will be communicated one day prior to the ex-date
• Revised strike/futures base prices and lot sizes may appear in decimal places and will be rounded to the nearest tick size and nearest integer respectively

Regulatory Changes

Adjustments are being made in pursuance of SEBI guidelines for futures and options contracts on announcement of corporate actions. The methodology for position adjustments will be separately intimated by the respective Clearing Corporation.

Compliance Requirements

• Members must load the updated contract files (NSE_FO_contract_ddmmyyyy.csv.gz) and spread files (NSE_FO_spdcontract_ddmmyyyy.csv.gz) on their trading applications before trading on the ex-date
• Updated files are to be obtained from the faoftp/faocommon directory on the Extranet server
• Files are also available on the NSE website: https://www.nseindia.com/all-reports-derivatives
• Members should refer to the corporate actions adjustments page for revised option strike price details: https://www.nseindia.com/products-services/equity-derivatives-corporate-actions-adjustments

Important Dates

• Circular Date: May 04, 2026
• Ex-date / Effective Date: June 10, 2026
• Revised Strike Prices Available: June 9, 2026 (one day prior to ex-date)

Impact Assessment

Traders holding open positions in INDIANB Futures and Options contracts will see adjusted strike prices and base prices effective June 10, 2026. The dividend of Rs 18.25/- per share represents a 182.5% payout relative to face value, which is significant and will result in meaningful adjustments to F&O contract parameters. Traders should monitor updated contract files released on June 9, 2026 and ensure their trading systems are loaded with revised contract data before market open on the ex-date. Position adjustments by the Clearing Corporation will be communicated separately.