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 Remedium Lifecare Ltd. (Scrip Code: 539561) will be sub-divided into 2 equity shares. The key dates for the same are as follows:

Refer: BSE Circular

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.

Refer: BSE Circular

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:

Refer: NSE Circular 

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:

Refer: NSE Circular

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.

Refer: BSE Circular 

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.

Refer: BSE Circular | NSE Circular

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.

Refer: BSE Circular

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.

Refer: BSE 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 August 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.

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]’.