Announcements

A rights issue is a corporate action that offers existing shareholders an opportunity to buy additional shares from the company at a discounted price. After the rights issue is announced, the strike price and the market lot will also be revised.

As per a recent circular, Grasim Industries Ltd has announced a rights issue. The key details for the adjustment of futures & options contracts are as follows:

Let’s understand this with an example.

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. Members will be informed separately of the details of the revised option strike prices, futures prices, lot size, and quantity freeze limit, wherever applicable. 

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 Cochin Shipyard Ltd. (Scrip Code: 540678) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

Refer: BSE 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 circular, 1 equity share of Franklin Industries Ltd. (Scrip Code: 540190) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Refer: BSE 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 Nestle India Ltd. (Scrip Code: 500790) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Refer: BSE Circular 1 | BSE Circular 2

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 Pearl Global Industries Ltd. (Scrip Code: 532808) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

Refer: BSE Circular | NSE Circular

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

As per SEBI guidelines, w.e.f 30-Dec-23, all the off-market transactions will be executed only if the Buyer’s Demat Account is added as the beneficiary under the Seller’s Demat Account. 

Here is an online method a seller can register a buyer’s account as a beneficiary:

a. Login to your Easi/Easiest Account

b. Initiate registration using the below steps:

Refer: CDSL Circular

In today’s era, privacy and security are everything, and having control over your personal details is of utmost importance. So, whether you have changed your phone number and email address or want to modify nominee details, forget the hassle of reaching out to customer queries to update them, as we offer everything you need at your fingertips. 

We have put together a list of DIY (Do-it-yourself) processes that will walk you through our app to make these modifications quick and hassle-free. 

Secure your family’s future in case of an unfortunate event by keeping your nominee details updated. Click here to know the detailed process. 

To ensure we can reach out to you at all times, keep your phone number updated using these steps. 

Switched to a new email address? Here’s how to update it. 

To add, modify, or delete your bank account details on Angel One, follow the steps in this guide: Update Bank Account Details.

Wish to trade in Commodities or Currencies Segment? Click here to learn how to activate the same.

There will be no second session of trading at MCX and NCDEX on 01-Jan-2024. Subsequently, intraday timer-based positions will be squared off at 4:45pm on that day for the MCX segment.

Refer: MCX Circular | NCDEX Circular

As per a recent circular, the name and symbol of Kilpest India Ltd. (Scrip code: 532067) will be changed as follows w.e.f 02-Jan-24.

Refer: BSE Circular