20 Feb 2026, 01:07 PM

Adjustment of F&O contracts of ANGELONE on account of Split

As per the circular, effective from February 26, 2026 (ex-date), the ANGELONE F&O contracts will be revised based on the split adjustment factor.

Calculation of the adjustment factor: The adjustment factor for the stock split of A: B is defined as (A/B). In the case of ANGELONE, the adjustment factor is (10/1) = 10, since the split ratio is 10:1.

Adjustment for Futures Contracts:

Futures base price:

The adjusted futures price will be determined by dividing the settlement price of the future on the day before the ex-date by the adjustment factor.

Futures lot size:

The adjusted market lot is arrived at by multiplying the old market lot by the adjustment factor. The revised market lot is 2500.

Example:

If you are holding a position in ANGELONE MAR FUT, and on the pre-ex-date (February 25, 2026) the future closes at 2527, then on the ex-date the price will be adjusted to 252.7 (Price on pre-ex-date: 2527 / Adjustment Factor: 10).

The lot size will be adjusted to 2500 (Current lot size 250 × Adjustment Factor 10).

Adjustment for Options Contracts:

Strike Price:

The adjusted strike price will be arrived at by dividing the old strike price by the adjustment factor.

Lot Size:

The adjusted lot size will be arrived at by multiplying the old market lot by the adjustment factor. The revised lot size would be 2500.

Example:

If you are holding a position in ANGELONE MAR 2500 CE, the current lot size is 250.

On the ex-date, the 2500 CE will be adjusted to 250 CE (Strike Price: 2500 / Adjustment Factor: 10), and the lot size will be adjusted to 2500 (Current lot size 250 × Adjustment Factor 10).

Also, if you hold equity shares of ANGELONE on the record date (February 26, 2026), you will be eligible to receive the split shares.

The credit of shares can take up to 2 working days from the record date (February 26, 2026). You can check out more details here.

If you have any queries, then post them on our TradingQ&A forum here.