Quantity Freeze Limits for Indices- February 2024
As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01- Feb-24.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:
No. | Indices | Quantity Freeze Limit(Maximum units you can buy or sell per order) | Maximum lots per Order(Quantity Freeze Limit/Lot Size*) |
1. | BANKNIFTY | 900 | 36 |
2. | NIFTY | 1800 | 36 |
3. | FINNIFTY | 1800 | 45 |
4. | MIDCPNIFTY | 4200 | 56 |
*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
Bonus Issue of Salasar Techno Engineering Ltd.
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.
As per the recent BSE circular, Salasar Techno Engineering Ltd. (Scrip Code: 540642) is issuing 4 bonus shares 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 |
Salasar Techno Engineering Ltd. | SALASAR | 01-Feb | 01-Feb |
Refer: BSE Circular
W.e.f 01-Feb: New Identity for Chitradurga Spintex Ltd.
As per a recent circular, the name and symbol of Chitradurga Spintex Ltd. (Scrip code: 521244) will be changed as follows w.e.f 01-Feb-24.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
CHITRTX | MKPMOB | Chitradurga Spintex Ltd. | MKP Mobility Ltd. |
Refer: BSE Circular
Bonus Issue of Sandur Manganese Iron Ores 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, Sandur Manganese Iron Ores Ltd. (Scrip Code: 504918) 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 |
Sandur Manganese Iron Ores Ltd. | SANDUMA | 02-Feb | 02-Feb |
Refer: BSE Circular
Sub-division of equity shares of GROWINGTON VENTURES 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 circular, 1 equity share of GROWINGTON VENTURES INDIA LTD. (Scrip Code: 539222) 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 |
GROWINGTON VENTURES INDIA LTD. | GROWINGTON | 1:10 | 31-Jan | 31-Jan |
Refer: BSE Circular
Bonus Issue of KANANI INDUSTRIES LTD.
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.
As per the recent BSE circular, KANANI INDUSTRIES LTD. (Scrip Code: 506184) 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 |
KANANI INDUSTRIES LTD | KANANIIND | 30-Jan | 30-Jan |
Refer: BSE Circular
Increase in Margin due to Market volatility
This is to inform you that due to Budget 2024 being around the corner, we have anticipated market volatility and have taken the following steps:
This will affect only those who trade in MTF. Please exercise caution and trade safely.
Trading holiday and scheduled maintenance on 26-Jan
26-Jan-2024 is a trading holiday on account of Republic Day. Subsequently all markets are closed on this day. Trading will resume on Monday, 29-Jan-2024.
For Payouts & Settlements, please note:
We would like to inform you that we have scheduled maintenance on 26-Jan-2024, impacting funds pay-in and payout.
The scheduled maintenance activity is between 8am to 6pm and will have the following impact:
You are requested to take note of this and trade accordingly.
Sub-division of equity shares of Dolphin Offshore Enterprises (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 circular, 1 equity share of Dolphin Offshore Enterprises (India) Ltd. (Scrip Code: 522261) 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 |
Dolphin Offshore Enterprises (India) Ltd. | DOLPHIN | 1:10 | 25-Jan | 25-Jan |
Refer: BSE Circular | NSE Circular
W.e.f 25-Jan: New Identity for VBC Ferro Alloys Ltd.
As per a recent circular, the name and symbol of VBC Ferro Alloys Ltd. (Scrip code: 513005) will be changed as follows w.e.f 25-Jan-24.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
VBCFERROQ | CHROME | VBC Ferro Alloys Ltd. | Chrome Silicon Ltd. |
Refer: BSE Circular