Announcements

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 Surya Roshni Ltd. 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 Focus Lighting & Fixtures Ltd. will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: NSE Circular

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 03- Oct -23.

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

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 October 2023:

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.

As per a recent circular, the name and symbol of Tamboli Capital Ltd. (Scrip code: 533170) will be changed as follows w.e.f 03-Oct-23.

Refer: BSE Circular

Trading in securities of the undermentioned companies will be suspended w.e.f Sep 29, 2023 on account of non-compliance with SEBI regulations. Please take appropriate action as needed.

Refer: BSE Circular | 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 the recent NSE circular, 1 equity share of Hindustan Aeronautics Ltd. (Scrip Code: 541154) will be divided into 2 equity shares. The key dates for the split are as follows:

In pursuant to the split of equity shares, the market lot size for F&O contracts of Hindustan Aeronautics Ltd. will be revised w.e.f. 28-Sep-23 as follows:

Refer: NSE circular | BSE circular

The Settlement holiday on 28-Sep-23 due to Id-e-Milad has been changed to 29-Sep-2023. The Currency Segment will be closed on 29-Sep-2023 for trading. However, other segments are open for trading. There is also a trading holiday on 02-Oct-2023 due to Mahatma Gandhi Jayanti, therefore trades placed on 28-Sep-2023 will be impacted.

What this means for you:

Please note: 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.

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 September 2023:

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.

28-Sep-23 is a Settlement Holiday due to Id-e-Milad. The Currency Segment will be closed on this day for trading. However, other segments are open for Trading.

What this means for you:

Please note: 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.