Announcements

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, Zydus Lifesciences Ltd. (Scrip: 532321) has announced a buyback offer of its equity shares from 29-Feb to 06-Mar. The offer price is Rs. 1005 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. 

Read more: NSE Circular 1 | NSE Circular 2

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01- Mar-24.

Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:

*Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows:

BANKNIFTY=25; NIFTY=50; FINNIFTY=40; MIDCPNIFTY=75

Refer: NSE Circular

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 Tiger Logistics (India) Ltd. (Scrip Code: 536264) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Refer: BSE Circular 

The company offers its shareholders the right to purchase its shares at a discount on a predetermined date known as the record date in a rights entitlement. 

Shareholders are granted Rights Entitlements (RE) by temporarily crediting their Demat accounts with RE, giving them the right to participate in a Rights Issue. Please note that these are Rights Entitlement and not Rights shares. To get the shares, you should apply at their respective Registrar & Transfer Agent (RTA) and convert RE into shares. You should keep in mind that RE is temporary, and until you apply and pay the requisite amount, rights shares won’t be credited to your Demat account.

Here’s the listing for February 2024:

Please note: The value of RE will be zero after the Rights Issue closure date.

RE Trading Period: The Exchange will publish a circular 2 days prior to the issue open date.

How to apply for Rights Issue: The Rights Issue offer is updated with ASBA (Application Supported Blocked Amount). 

Here's a list of existing SCSBs.

For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs.

This is to inform you that RBI has placed certain restrictions on Paytm Payments Bank Ltd. (PPBL), due to which, post 15-Mar-2024, Paytm Payments Bank account holders will not be able to add or withdraw funds from their account.

Users that have Paytm Payments Bank account as their Primary account should therefore switch to another bank for uninterrupted trading at Angel One.

How to switch to an alternate bank account?

Here's a quick way to do this - Log into the Angel One App -> Go to accounts page -> Click on Profile Icon & then add a bank account

For a detailed step by step process, Click Here

What happens if you don’t switch?

• You won't be able to add funds to your trading account from your Paytm Payments Bank.
• Withdrawals to Paytm Payments Bank will not be possible due to restrictions.
• The SEBI-mandated quarterly settlement of unused funds might fail, potentially causing inconvenience.
• IPO applications and automated SIPs linked to Paytm Payments Bank are expected to fail.

It is highly recommended that you switch to an alternate bank account immediately to avoid any inconvenience or disruption to your trading activities.

Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:

Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of these:

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, Fiem Industries Ltd. (Scrip Code: 532768) is issuing 1 bonus share for every 1 existing share. The key dates for the bonus Issue are as follows:

Refer: BSE Circular

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, DRC Systems India Ltd. (Scrip Code: 543268) is issuing 2 bonus shares for every 1 existing share. The key dates for the bonus Issue are as follows:

Refer: BSE Circular

This is to inform you that the Exchanges will hold a special live trading session with a switch-over from the Primary Site (PR) to the Disaster Recovery Site (DR) on Saturday 02-Mar-2024 following a SEBI Circular published in 2019. 

You are requested to note that the Exchanges shall shift their operation from the Primary Site (PR) to the Disaster Recovery site (DR) on the timings given as per NSE and BSE in their circulars. This exercise is being conducted based on specific discussions with SEBI and their Technical Advisory Committee to assess the preparedness of Market Infrastructure Institutions (MIIs)  to handle any unforeseen event impacting their operations and to restore operations from the DR Site. 

The market timings in the Equity & F&O segments with an intra-day switchover from the Primary site to the Disaster Recovery site are as follows:

Please note: 

Please note the following w.r.t Angel One:

For Trading, please note

• All AMO orders on Friday will be processed on Saturday's first hour, instead of Monday. 
• Currency and Commodity (MCX) markets will stay closed.
• From 9:00 AM to 10:00 AM, there will be normal trading. There will be no activity between 10 AM and 11:15 AM
  • Users will be unable to place any orders during this time. Any orders placed in session-1 will be responded to with an error message.
  • Any open orders from session-1 will be canceled before session-2.
  • During the transition process of moving from the primary to the DR site, there is a chance that executed trades will be canceled. If this occurs, the positions you closed in the first session will reopen, and you will have to close the position once more in the second session. (Refer: NSE Circular)
• 11:15 AM to 12:30 PM trading will resume as per normal markets again (pre-market + market) but from the DR site. 
• Intraday orders will not be allowed for the day.
• BTST will not be allowed which means stock purchases on Friday, 1st March 2024  will not be allowed to be sold on special trading session on Saturday, 2nd March 2024.
• GTT orders will not be triggered.
• Orders of Stock SIP will not be executed.

For Payouts & Settlements, please note 

For Risk related information, please note 

Please note the order status might show the wrong status for exchange canceled trades.

The special live trading session with the intra-day switchover from the Primary site to the Disaster Recovery site protects the exchange's operations from unforeseen circumstances that might interfere with regular trading operations.

You can reach us at our support lines from 8.30 AM to 5.30 PM on our toll-free number 1800 1020 or by email at support@angelone.in

Refer: BSE Circular | NSE Circular | Disaster Recovery FAQs