Dividend payment by NMDC Ltd.
A dividend is an amount the company pays to its shareholders out of its profits. This regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly.
As per a recent circular, NMDC Ltd. has announced a dividend payment of Rs 5.75. The key dates for the same are as follows:
Company Name | Symbol | Dividend Amount | Record date |
NMDC Ltd. | NMDC | Rs 5.75 | 27-Feb-24 |
1. The above changes shall be effective from the ex-date / effective date
2. The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer.
3. The details of the revised option strike prices, futures prices, lot size and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the ex-date / effective date.
Refer: NSE Circular 1 | NSE Circular 2
Sub-division of equity shares of Remedium Lifecare 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 circular, 1 equity share of Remedium Lifecare Ltd (Scrip Code: 539561) will be subdivided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Remedium Lifecare Ltd. | REMLIFE | 1:5 | 23-Feb | 23-Feb |
Refer: BSE Circular
Bonus Issue of MAS Financial Services 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, MAS Financial Services Ltd (Scrip Code: 540749) 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 |
MAS Financial Services Ltd | MASFIN | 22-Feb | 22-Feb |
Refer: BSE Circular
Dividend payment by Hero Motocorp Ltd.
A dividend is an amount the company pays to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly.
As per a recent circular, Hero Motocorp Ltd. has announced a dividend payment of Rs 100. The key dates for the same are as follows:
Company Name | Symbol | Dividend Amount | Record date |
Hero Motocorp Ltd. | HEROMOTOCO | Rs 100 | 21-Feb-24 |
1. The above changes shall be effective from the ex-date / effective date
2. The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer.
3. The details of the revised option strike prices, futures prices, lot size, and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the ex-date / effective date.
Refer: NSE Circular
Bonus issue of Eastern Logica Infoway Limited
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, Eastern Logica Infoway Limited (Scrip Code: 543746) is issuing 5 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 |
Eastern Logica Infoway Limited | ELIL | 21-Feb | 21-Feb |
Refer: BSE Circular
Bonus Issue of Choice International Limited
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, Choice International Limited (Scrip Code: 531358) is issuing 1 bonus share for every 1 existing shares. The key dates for the bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Choice International Limited | CHOICEIN | 20-Feb | 20-Feb |
Refer: BSE Circular
Sub-division and bonus issue of equity shares of SG MART LIMITED
A 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.
A 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.
Per a recent circular, 1 equity share of SG MART LIMITED (Scrip Code: 512329) will be subdivided into 10 equity shares. A bonus of 1 equity shares will also be issued for every 1 equity share held.
The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
SG MART LIMITED | SGMART | 1:10 | 22-Feb | 22-Feb |
Refer: BSE Circular
Bonus Issue of KPI Green Energy Limited
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, KPI Green Energy Limited. (Scrip Code: 542323) is issuing 1 bonus share for every 2 existing shares. The key dates for the bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
KPI GREEN ENERGY LIMITED | KPIGREEN | 15-Feb | 15-Feb |
Refer: BSE Circular
Bonus Issue of Akshar Spintex 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, Akshar Spintex Ltd. (Scrip Code: 541303) is issuing 1 bonus share for every 5 existing shares. The key dates for the bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Akshar Spintex Ltd. | AKSHAR | 15-Feb | 15-Feb |
Refer: BSE Circular
Settlement Holiday on 19-Feb-2024
19-Feb-24 is a Settlement Holiday due to Chhratrapati Shivaji Maharaj Jayanti. The Currency Segment will be closed on this day for trading. However, other segments are open for Trading.
What this means for you:
You can place your Trades as usual except the stock purchased on 16-Feb-24 will not be allowed to be sold on 19-Feb-24. The settlement of funds/securities will be processed as detailed in the table below:
Segment | Trade placed on | Date of Settlement |
Equity | 16-Feb | 20-Feb |
Derivatives (F&O) | 16-Feb | 20-Feb |
Note: Stock purchased on 16-Feb-24 will not be allowed to be sold on 19-Feb-24. This change is only for double payin/payout of stock due to the settlement holiday on 19-Feb, and is not a regular change.
Your credit balance for 19-Feb will not include the following:
Segment | Account Balance Exclusions |
Equity | Intraday Profits made on 16-Feb |
Derivatives (Equity F&O, Currency & Commodity) | Credits Made From Trades Done On 16-Feb |
Just so you know: Settlement holidays refer to days when markets (except the Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on the next settlement cycle, as per the respective segments.