Settlement Holiday: 28-Sep

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 fo…

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:

  • You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:
  • SegmentTrade placed onDate of Settlement
    Equity 27-Sep29-Sep
    Derivatives (F&O)27-Sep29-Sep
  • Your credit balance for 28-Sep will not include the following:
  • SegmentAccount Balance Exclusions
    EquityIntraday Profits made on 27-Sep
    Derivatives (Equity F&O, Currency & Commodity)Credits Made From Trades Done On 27-Sep

    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.

    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 i…

    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 Shradha Industries Ltd. (Scrip Code: 543976) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Shradha Industries Ltd.SHRADHAIND1:226-Sep26-Sep

    Refer: BSE Circular

    As per a recent circular, the name and symbol of Anubhav Infrastructure Ltd. (Scrip code: 538833) will be changed as follows w.e.f 26-Sep-23. Ex…

    As per a recent circular, the name and symbol of Anubhav Infrastructure Ltd. (Scrip code: 538833) will be changed as follows w.e.f 26-Sep-23.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    ANUBHAVKAIZENAGROAnubhav Infrastructure Ltd.Kaizen Agro Infrabuild Ltd.

    Refer: BSE Circular

    As per a BSE circular, National Peroxide Ltd. will demerge w.e.f. 25-Sep-23.  Due to this demerger, 1 equity share of NPL Chemicals Ltd. wi…

    As per a BSE circular, National Peroxide Ltd. will demerge w.e.f. 25-Sep-23. 

    Due to this demerger, 1 equity share of NPL Chemicals Ltd. will be issued for every 1 equity share held in National Peroxide Ltd.

    Name of CompanySymbolScrip Code
    National Peroxide Ltd.NATPEROX500298

    Refer: BSE Circular 

    Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued sha…

    Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued shares pays some of its shareholders and absorbs that part of ownership that several investors had before.

    As per a circular from NSE, Siyaram Silk Mills Ltd. has announced a buyback offer of its equity shares from 25-Sep-23 to 03-Oct-23. The offer price is Rs. 720 per equity share, and the lot size is 1 equity share. 

    All trading members of the Capital Market Segment are eligible to participate in the Tender Offer facility. 

    Name of CompanySymbolOffer priceScheme
    Siyaram Silk Mills Ltd.SIYSILRs. 720Buyback

    Delisted companies - September 2023

    As per BSE circulars for September 2023, the following securities are delisted from the Exchange. Name of the CompanySymbolScrip CodeRajendra Ca…

    As per BSE circulars for September 2023, the following securities are delisted from the Exchange.

    Name of the CompanySymbolScrip Code
    Rajendra Caterers & Confectioners Ltd.RACCL526833
    Sanchana Trading & Finance Ltd.ZSANCHTR512125
    S P Investrade (India) Ltd.SPINVEST512255
    Oxemberg Apparels Ltd.OXEMBAP503899
    A & M Febcon Ltd AMFL540697
    Focus Industrial Resources Ltd.FOCUSIRL534757
    STI Granite India LtdSTIGRAN515115
    STI Products India Ltd.STIPROD517492
    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 …

    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 a recent circular, Lancer Container Lines Ltd. (Scrip Code: 539841) is issuing 2 equity shares for every 1 share held. The key dates for the Bonus Issue are as follows:

    Company NameSymbolRecord dateEx-Bonus basis from Date 
    Lancer Container Lines Ltd.LANCER22-Sep22-Sep

    Refer: BSE Circular

    Bonus Issue of Veerhealth Care 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 …

    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 a recent circular, Veerhealth Care Ltd. (Scrip Code: 511523) is issuing 1 equity share for every 1 share held. The key dates for the Bonus Issue are as follows:

    Company NameSymbolRecord dateEx-Bonus basis from Date 
    Veerhealth Care Ltd.VEERHEALTH22-Sep22-Sep

    Refer: BSE Circular

    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 …

    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 circulars, Berger Paints India Ltd. (Scrip Code: 509480) is issuing 1 equity share for every 5 shares held. The key dates for the Bonus Issue are as follows:

    Company NameSymbolRecord dateEx-Bonus basis from Date 
    Berger Paints India Ltd.BERGEPAINT22-Sep22-Sep

    Refer: BSE Circular | NSE Circular 

    Per a circular, Signpost India Ltd has announced the allotment of equity shares to Pressman Advertising Ltd. shareholders w.e.f 22-Sep-23. 1 equity s…

    Per a circular, Signpost India Ltd has announced the allotment of equity shares to Pressman Advertising Ltd. shareholders w.e.f 22-Sep-23. 1 equity share with a face value of Rs.2/- each of Signpost India Ltd. to be issued as fully paid up equity shares for every 1 fully paid up equity share with a face value of Rs 2/- each held by shareholders of Pressman Advertising Ltd.

    The following security will be suspended from trading w.e.f 22-Sep-23.

    Name of CompanySymbolReason for Suspension
    Pressman Advertising LimitedPRESSMNScheme of Amalgamation

    Refer: BSE Circular