Three stocks – Infosys, Punjab National Bank (PNB) and Canara Bank – will undergo changes in derivative contracts this week. The adjustments are done to reflect the dividend announced.

While the record date for Infosys is June 10, the same for PNB and Canara Bank is on June 12. These are the respective dates from which the changes will be effective in the futures and options contracts of these stocks.

Infosys: The dividend amount is ₹25. Since June 10 is the record date and suppose Infosys June futures closes at ₹1,200 on June 9 (settlement price of the day prior to the record date will be considered for adjustments), the price will be modified to ₹1,175 (₹1,200 minus ₹25). In options, for example, the strike prices ₹1,200 and ₹1,250 will become ₹1,175 and ₹1,225, respectively. 

PNB: The dividend amount is ₹3. Suppose PNB June futures ends at ₹105 on June 11 (day prior to record date), the contract price will be modified to ₹102. In options, for example, strikes of 105 and 100 will be adjusted to 102 and 97, respectively. 

Canara Bank: The dividend amount is ₹4.2. Suppose Canara Bank June futures closes at ₹130 on June 11 (day prior to record date), the contract price will be modified to ₹125.80. In options, for example, strikes of 125 and 130 will be adjusted to 120.80 and 125.80 respectively.

Published on June 6, 2026