Introducing Biometric Payments for Faster Transactions
In our endeavor to provide faster and secure add funds experience, we have introduced Biometric Payments to add funds in your trading account. Here’s a quick and easy process without the hassle of OTPs, username or password logins.
What is Biometric Payment?
The Biometric Payment method enables users to make quick and convenient payments using biometric authentication methods, such as fingerprints or facial recognition or PayPin. It eliminates traditional authentication methods such as username/customer ID, passwords, PINs or OTPs, etc., providing a seamless and secure alternative way to complete transactions.
How does it work?
- One-Time Registration:
- Bank Login - The user will have to complete a one-time registration to access the Biometric Payment. Provide the selected bank’s login credentials same as the netbanking credentials.
- Setup Code Entry - After the login and confirmation of payment, the user will get an OTP from the vendor (Minkasu) which needs to be entered in the Angel One app.
- Provide Biometrics or Create a PayPin:
- The user will then have to create a PayPin. This can be any number which the user wants to set up for payments. Eg. like a UPI Pin OR
- Register fingerprint or faceID: The user will have to register either his fingerprint or face ID.
Once the registration is done, the next time the user clicks on Biometric Payments, he will directly be routed to enter the PayPIN or fingerprint or faceID. On providing these details, the payment will be completed.
Points to note
To try Biometrics Payment, click here
Bonus Issue of M K Proteins Ltd.
Bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
As per the recent BSE circular, M K Proteins Ltd. (Scrip Code: 543919) is issuing 2 bonus shares for every 1 existing share. The key dates for the bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
M K Proteins Ltd. | MKPL | 15-Mar | 15-Mar |
Refer: BSE Circular
Bonus Issue of Gujarat Ambuja Exports Ltd.
Bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
As per the recent BSE circular, Gujarat Ambuja Exports Ltd. (Scrip Code: 524226) is issuing 1 bonus share for every 1 existing share. The key dates for the bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Gujarat Ambuja Exports Ltd. | GAEL | 16-Mar | 15-Mar |
Refer: BSE Circular
Sub-division of equity shares of Waaree Renewable Technologies Ltd.
Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
As per a recent BSE circular, 1 equity share of Waaree Renewable Technologies Ltd. (Scrip Code: 534618) will be sub-divided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Waaree Renewable Technologies Ltd. | WAAREERTL | 1:5 | 16-Mar | 15-Mar |
Refer: BSE Circular
Sub-division of equity shares of OK PLAY INDIA LTD.
Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
As per a recent BSE circular, 1 equity share of Ok Play India Ltd. (Scrip Code: 526415) will be sub-divided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
OK PLAY INDIA LTD. | OKPLA | 1:10 | 11-Mar | 11-Mar |
Refer: BSE Circular
MCX Trade Timings Revised from 11-Mar
Due to the change in US Daylight Savings timings, MCX trade timings will be revised. The revised trading hours will be in effect from 11-Mar-2024 to 01-Nov-2024 (both days inclusive). Intraday timer based square-off will get triggered at 11:15 pm instead of 11:40 pm.
Please refer to the table below for the revised timings:
Particulars | Trade Start Time | Trade End Time | Client Code modification session |
Non-Agri Commodities | 9:00 am | 11:30 pm | 11:30 pm to 11:45 pm |
Select Agri Commodities(Cotton, Crude Palm Oil (CPO) & Kapas) | 9:00 am | 9:00 pm | 9:00 pm to 9:15 pm |
All Other Agri Commodities | 9:00 am | 5:00 pm | 5:00 pm to 5:15 pm |
Refer: MCX Circular
Sub-division of equity shares of Manorama Industries Ltd.
Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
As per a recent BSE circular, 1 equity share of Manorama Industries Ltd. (Scrip Code: 541974) will be sub-divided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Manorama Industries Ltd. | MANORAMA | 1:5 | 08-Mar | 07-Mar |
Refer: BSE Circular
Sub-division of equity shares of Sunshine Capital Ltd.
Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
As per a recent BSE circular, 1 equity share of Sunshine Capital Ltd. (Scrip Code: 539574) will be sub-divided into 10 equity shares. Also, 7 bonus equity shares will be issued for every 1 share held. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Sunshine Capital Ltd. | SCL | 1:10 | 08-Mar | 07-Mar |
Refer: BSE Circular
Caution: Demerger of Forbes & Company Ltd.
As per a BSE circular, Forbes & Company Ltd. will demerge w.e.f. 07-Mar-24.
Due to this demerger, 4 equity shares of Forbes Precision Tools and Machine Parts Ltd. will be issued for every 1 equity share held in Forbes & Company Ltd.
Name of Company | Symbol | Scrip Code |
Forbes & Company Ltd. | FORBESCO | 502865 |
Refer: BSE Circular
Buyback Offer of Bajaj Auto Ltd.
Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued shares pays some of its shareholders and absorbs that part of ownership that several investors had before.
As per a circular from NSE, Bajaj Auto Ltd. (Scrip: 532977) has announced a buyback offer of its equity shares from 06-Feb to 13-Mar. The offer price is Rs. 10000 per equity share, and the lot size is 1 equity share.
All trading members of the Capital Market Segment are eligible to participate in the Tender Offer facility.
Name of Company | Symbol | Offer price per share | Scheme |
---|---|---|---|
Bajaj Auto Ltd. | BAJAJ-AUTO | Rs. 10000 | Buyback |
Read more: BSE Circular | NSE Circular