Announcements

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]’.

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.

Refer: NSE Circular

A dividend is an amount paid by the company 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, LIC Housing Finance Ltd. has announced a payment of dividend at Rs 8.50 for the Financial year 2023-24. The key dates for the same are as follows:

Refer: NSE 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 shares held by the shareholder.

As per the recent BSE circular, Lancor Holdings Ltd. (Scrip Code: 509048) is issuing 1 bonus share for every 2 existing shares. The key dates for the Bonus Issue 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 ShreeOswal Seeds & Chemicals Ltd. will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: BSE Circular

Trading in securities of the undermentioned companies will be suspended w.e.f Aug 18, 2023 on account of non-compliance with SEBI regulations. Please take appropriate action as needed.

Refer: BSE Circular 1 | BSE Circular 2

This is to inform you that w.e.f 21-Aug-2023, we have introduced a change in calculating the Average Price for Commodity contracts. 

The Average Price of the position does not include any charges or brokerage on the trading day (T day). After the end of the day billing, the updated Average Price is updated on the Contract note, and the same is updated in the Position book on the next day (T+1 day). 

Earlier, the Average Price in the Position book on T+1 day did not include brokerage and did not match the Contract Note Average Price. With this new change, the Average Price on T+1 day will include the brokerage. 

Let’s understand this with an example.

A user bought 10 units of OPTFUT SILVERM 2023-08-22 75000.00 CE

Buy Amount: Rs. 11100

Brokerage: Rs. 500

Other charges: Rs. 96.8954

Old Average Price: (11100+96.8954)/10 = 1119.68954

New Average Price: (11100+96.8954+500)/10 = 1169.68954

Difference between the 2 Average Prices = Rs 50

As per a recent circular, the name and symbol of Asian Food Products Ltd. (Scrip code: 507530) will be changed as follows w.e.f 16-Aug-23.

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 Avantel Ltd. (Scrip Code: 532406) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: BSE Circular