NSE adjusts TECHM F&O contracts for Rs 36 dividend
NSE has revised strike prices on TECHM options for the 28-JUL-2026 expiry to account for the Rs 36 per share dividend. The adjustment takes effect from the ex-date of July 3, 2026.
What changed
- NSE adjusts strike prices on TECHM options for Rs 36 dividend.
- Ex-date is July 3, 2026; affected expiry is 28-JUL-2026.
- Members must update contract and spread files before trading.
The read
TECHM's Rs 36 dividend triggers a standard derivatives adjustment. NSE has revised strike prices downward on the 28-JUL-2026 options series, effective July 3, 2026, moving the 1140 strike to 1104, the 1160 to 1124, and so on across the entire range of listed strikes with full details in Annexure 1. Mechanical. Neutral. SEBI's corporate action framework requires this adjustment. Members who fail to load updated contract files risk trading discrepancies. For everyone else, it is a non-event; open interest and option values adjust neutrally.
Primary source: official circular (PDF)