W.e.f 14-Dec: New Identity for Welspun India Ltd.
As per a recent circular, the name and symbol of Welspun India Ltd. (Scrip code: 514162) will be changed as follows w.e.f 14-Dec-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
WELSPUNIND | WELSPUNLIV | Welspun India Ltd. | Welspun Living Ltd. |
Refer: BSE Circular | NSE Circular
Sub-division of equity shares of Teamo Productions HQ 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 Teamo Productions HQ Ltd. (Scrip Code: 533048) 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 |
Teamo Productions HQ Ltd. | TPHQ | 1:10 | 14-Dec | 14-Dec |
Refer: BSE Circular
Bonus Issue of Safari 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, Safari Industries Ltd. (Scrip Code: 523025) 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 |
Safari Industries Ltd. | SAFARIND | 12-Dec | 12-Dec |
Refer: BSE Circular
W.e.f 13-Dec-23: New Identity for Sudev Industries Ltd.
As per a recent circular, the name and symbol of Sudev Industries Ltd. (Scrip code: 526530) will be changed as follows w.e.f 13-Dec-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
SUDIN | IIRM | SUDEV INDUSTRIES LTD. | IIRM HOLDINGS INDIA LIMITED |
Refer: BSE Circular
Dividend payment by Bharat Petroleum Corporation 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, Bharat Petroleum Corporation Ltd. has announced a dividend payment of Rs. 21 The key dates for the same are as follows:
Company Name | Symbol | Dividend Amount | Record date |
Bharat Petroleum Corporation Ltd. | BPCL | Rs. 21 | 12-Dec-23 |
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: BSE Circular
Sub-division of equity shares of Sudev 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 (Scrip Code: 526530) will be sub-divided into 2 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Sudev Industries Ltd. | IIRM | 1:2 | 11-Dec | 11- Dec |
Refer: BSE Circular
Bonus Issue of Sonata Software 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, Avantel Ltd. (Scrip Code: 532221) is issuing 1 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 |
Sonata Software Ltd | SONATSOFTW | 12-Dec | 12-Dec |
Refer: BSE Circular
Bonus Issue of Sonata Software 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, Avantel Ltd. (Scrip Code: 532221) is issuing 1 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 |
Sonata Software Ltd | SONATSOFTW | 12-Dec | 12-Dec |
Refer: BSE Circular
Quantity Freeze Limits for Indices- December 2023
As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01- Dec -23.
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
Revision in Strike Scheme of INDEX Options
W.e.f 08-Jan- 2024, NSE is pleased to revise the strike scheme for the below INDEX options
![](https://announcements123.files.wordpress.com/2023/12/index.png)
Refer: NSE Circular