GALADA to stop trading
As per a recent circular, the following security (Scrip code: 504697) will be suspended from trading w.e.f. September 01, 2023. Please take appropriate action as needed.
Name of the Company | Symbol | Reason for Suspension |
Galada Power & Communication Ltd. | GALADA | Reduction of Capital |
Refer: BSE Circular
[01-Sep-23] Quantity Freeze Limit for Indices
As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01-Sep-23.
Below are the Quantity Freeze Limits and Maximum Lots per Order applicable for the mentioned indices:
![](https://announcements123.files.wordpress.com/2023/09/image.png?w=1024)
Refer: NSE Circular
Dividend payment by NMDC 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, NMDC Ltd. has announced a payment of dividend at Rs 2.85 for the Financial year 2023-24. The key dates for the same are as follows:
Company Name | Symbol | Dividend Amount | Record date |
NMDC Ltd. | NMDC | Rs 2.85 | 31-Aug-23 |
Refer: NSE Circular
Caution: Demerger of TVS Holdings Ltd.
As per a BSE circular, TVS Holdings Ltd. will demerge w.e.f. 24-Aug-23.
Due to this demerger, 1 equity share of Sundaram Clayton DCD Ltd. will be issued for every 1 equity share held in TVS Holdings Ltd.
Name of Company | Symbol | Scrip Code |
TVS Holdings Ltd. | TVSHLTD | 520056 |
Refer: BSE Circular
W.e.f 24-Aug: New Identity for Adani Transmission Ltd.
As per a recent circular, the name and symbol of Adani Transmission Ltd. (Scrip code: 539254) will be changed as follows w.e.f 24-Aug-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
ADANITRANS | ADANIENSOL | Adani Transmission Ltd. | Adani Energy Solutions Ltd. |
Refer: BSE Circular | NSE Circular
W.e.f 23-Aug: New Identity for S E Power Ltd.
As per a recent circular, the name and symbol of S E Power Ltd. (Scrip code: 534598) will be changed as follows w.e.f 23-Aug-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
SEPOWER | SAMPANN | S E Power Ltd. | Sampann Utpadan India Ltd. |
Refer: BSE Circular
W.e.f 23-Aug: New Identity for Integrated Technologies Ltd.
As per a recent circular, the name and symbol of Integrated Technologies Ltd. (Scrip code: 531889) will be changed as follows w.e.f 23-Aug-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
INTECH | IIL | Integrated Technologies Ltd. | Integrated Industries Ltd. |
Refer: BSE Circular
Rights Issue - August 2023
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 August 2023:
Company | Ex-date | Record Date | RI Price | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
Piramal Pharma Limited | 02-Aug | 02-Aug | ?81 | Starting 08-Aug | 17-Aug-23 (Extn.) | ASBA | BSE/NSE |
Perfect Infraengineers Limited | 01-Aug | 01-Aug | ?18 | 14-Aug to 18-Aug | 24-Aug-23 | ASBA | NSE |
Vaxtex Cotfab Limited | 24-Jul | 24-Jul | ?2 | 07-Aug to 14-Aug | 23-Aug-23 (Extn.) | ASBA | NSE |
Brooks Laboratories Limited | 28-Jul | 28-Jul | ?75 | 07-Aug to 17-Aug | 22-Aug-23 (Extn.) | ASBA | BSE |
Shree Ram Proteins Limited | 06-Jul | 06-Jul | ?2.30 | 17-Jul to 09-Aug | 25-Aug (RE Extn.) | ASBA | NSE |
Orient Power Company Limited | 18-Aug | 18-Aug | ?10 | Starting 28-Aug | 15-Sep | ASBA | BSE |
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.
Compulsory KRA validation of email and mobile
With reference to the new KRA Registration Agencies (CVL) Circular (CDSL/OPS/DP/SYSTM/2023/493) dated 18-Aug-23, it is mandatory for clients to validate their email and mobile number through the KRA link (mentioned below) by 18-Aug-23 01-Sep-23.
If you fail to do so, you will have to face the following consequences.
Please refer to the communication sent to your official email ID to choose the relevant link from the below table and complete the validation process.
If you have any queries, please write to us at support@angelone.in under the subject line ‘Re-submission of your KYC Documents [Account Number]’.
SRIRAM to stop trading
As per a recent circular, the following security will be suspended from trading w.e.f. August 18, 2023. Please take appropriate action as needed.
Name of the Company | Symbol | Reason for Suspension |
Shri Ram Switchgears Ltd. | SRIRAM | Non-compliance with SEBI |
Refer: NSE Circular