Angel One (₹2,496.30), on February 19, announced a share split. The record date for the same is February 26 and the ratio is 10:1. The split will lead to necessary adjustments in the futures and options (F&O) contracts. The adjustment factor will be 10.

On February 26, the stock price and all derivatives contracts on Angel One will be adjusted appropriately.

With respect to futures contracts, the reference rate of the relevant contract on February 25 will be considered. Reference rate will be the mark-to-market settlement price of the relevant futures contract. So, the open positions shall be carried forward to February 26 at the daily settlement price on February 25 divided by 10, the adjustment factor.

Suppose the nearest expiry futures closes at ₹2,500 on February 25, it will be revised to ₹250 (₹2,500 divided by 10). Also, the lot size will be increased 10 times from current 250 shares to 2,500 shares per contract.

For options, all the strike prices in the option chain of Angel One will be divided by 10 from February 26. For example, the strike price of 2,500 and 2,600 will be modified to 250 and 260 respectively.

That said, the aforementioned measures are not likely to impact the overall trend of this stock. So, traders can stick to their views and are only required to note the changes in the contracts that they hold.

Published on February 21, 2026