OFSS Dividend Adjustment for Futures and Options Contracts, Ex-Date May 7, 2026
Summary
NSE India has issued circular reference NSE/FAOP/73894 informing members of adjustments to futures and options contracts on Oracle Financial Services Software Limited (OFSS) securities following a corporate action announcement. The corporate action is a dividend of Rs 270 per share with face value of Rs 5. The ex-date and effective date for the adjustment is May 7, 2026. Members are advised to load updated contract files before trading on the ex-date.
“Members are advised to load the updated contract.gz/ MII contract (NSE_FO_contract_ddmmyyyy.csv.gz) and spread (NSE_FO_spdcontract_ddmmyyyy.csv.gz) files on the trading application before trading on the ex-date / effective date.”
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GovPing monitors NSE India Circulars for new securities & markets regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 13 changes logged to date.
What changed
NSE India circular NSE/FAOP/73894 announces standard adjustment procedures for futures and options contracts on OFSS (Oracle Financial Services Software Limited) in response to a dividend corporate action. The dividend amount is Rs 270 per share with ex-date/effective date of May 7, 2026. Revised option strike prices, futures base prices, and lot sizes will be provided one day prior to the ex-date in the contract.gz file.
Broker-dealers and investors trading OFSS derivatives should ensure their trading systems are updated with the new contract parameters before May 7, 2026. Trading systems must load the NSEFOcontractddmmyyyy.csv.gz and NSEFOspdcontractddmmyyyy.csv.gz files from the faoftp/faocommon directory on the Extranet server or the NSE website before conducting any OFSS futures or options trades on the ex-date.
What to do next
- Members are advised to load the updated contract.gz/ MII contract (NSE_FO_contract_ddmmyyyy.csv.gz) and spread (NSE_FO_spdcontract_ddmmyyyy.csv.gz) files on the trading application before trading on the ex-date / effective date.
Archived snapshot
Apr 25, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
National Stock Exchange of India Limited
Circular
All Members, DIVIDEND: Adjustment of Futures and Options contracts in the security OFSS In pursuance of SEBI guidelines as prescribed from time to time for adjustments to futures and options contracts on announcement of corporate action, the members are informed of the following:
- Adjustment details can be referred at below link. https://www.nseindia.com/products-services/equity-derivatives-corporate-actions-adjustments
Other Important Points to be noted: • The above changes shall be effective from the ex-date / effective date as given above table.
- The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer. The details would be available in the latest contract.gz file. • The details of the revised option strike prices, futures prices, lot size and quantity freeze limit wherever applicable, will be provided in the contract.gz / MII contract and spread files available one day prior to the ex-date / effective date. • Members are advised to load the updated contract.gz/ MII contract (NSEFOcontractddmmyyyy.csv.gz) and spread (NSEFOspdcontractddmmyyyy.csv.gz) files on the trading application before trading on the ex-date / effective date. These files can be obtained from the directory faoftp/faocommon on the Extranet server. • Additionally, the MII contract and spread files are also available on NSE website on the below path: https://www.nseindia.com/all-reports-derivatives • The methodology for position adjustments shall be separately intimated by respective Clearing Corporation.
Department: FUTURES & OPTIONS Date: April 24, 2026 Download Ref No: NSE/FAOP/73894 Circular Ref. No: 50/2026 Particulars Details Symbol OFSS Company name ORACLE FINANCIAL SERVICES SOFTWARE LIMITED Type of corporate action Dividend Face value Rs 5/- Dividend amount Rs 270/- Ex date & effective date 07-May-2026 Revised option strike prices* Will be provided one day prior to the ex-date / effective date.
National Stock Exchange of India Limited
For and on behalf of National Stock Exchange of India Limited Khushal Shah Associate Vice President
Toll Free No Email id 1800-266-0050 (Option 1) msm@nse.co.in
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