NCDEX Trade Timings Revised from 14-Aug-23
As per a recent NCDEX Circular, trade timings and client code modification timings for the commodities derivatives segment at the exchange will be revised. The revised trading hours will be in effect from 14-Aug-23, Monday.
Please refer to the table below for the revised timings:
Particulars | Current Trade Timings | Revised Trade Timings | Revised Client Code Modification Timings |
All Commodities | 9 am to 5 pm | 10 am to 5 pm | 10 am to 5:15 pm |
Kindly note that the pre-open session shall be from 9:45 am to 10 am for all the commodities.
For more details, please refer to the NCDEX Circular.
Bonus Issue of NINtec Systems 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 shares held by the shareholder.
As per the recent BSE circular, NINtec Systems Ltd. (Scrip Code: 539843) is issuing 4 bonus shares for every 5 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
NINtec Systems Ltd. | NINSYS | 03-Aug | 03-Aug |
Refer: BSE circular
IPO Alert: Concord Biotech Ltd.
Concord is an India-based biopharma company and one of the leading global developers and manufacturers of select fermentation-based APIs across immunosuppressants and oncology in terms of market share, based on volume in 2022, supplying to over 70 countries including regulated markets, such as the United States, Europe and Japan, and India. Concord is amongst the few companies globally that have successfully and sustainably established and scaled up fermentation-based API manufacturing capabilities.
Read more about Concord Biotech Ltd. IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 11-Aug-23 |
Initiation of Refunds | 14-Aug-23 |
Credit of Shares to Demat Acct | 17-Aug-23 |
IPO Shares Listing Date | 18-Aug-23 |
UPI mandate expiry date | 21-Aug-23 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
Buybacks, Takeovers and Delisting - August 2023
Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of these
Scrip Name | Sub Type | Start Date | End Date | Floor Price |
SHAHFOOD | Takeover | 03-08-23 | 18-08-23 | Rs. 100 |
GOLDIAM | Buyback | 27-06-23 | 02-08-23 | Rs. 150 |
AFDIL | Buyback | 01-08-23 | 07-08-23 | Rs. 3100 |
BLUECLOUDS | Takeover | 02-08-23 | 17-08-23 | Rs. 3 |
ASHIANA | Buyback | 02-08-23 | 17-08-23 | Rs. 301 |
Bonus Issue of Kamdhenu Ventures 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 shares held by the shareholder.
As per the recent BSE circular, Kamdhenu Ventures Ltd. (Scrip Code: 543747) is issuing 1 bonus share for every 1 existing share. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Kamdhenu Ventures Ltd. | KAMOPAINTS | 01-Aug | 01-Aug |
Refer: BSE circular
IPO Alert: SBFC Finance Ltd.
SBFC is a systematically important, non-deposit taking non-banking finance company offering Secured MSME Loans and Loans against Gold, with a majority of their borrowers being entrepreneurs, small business owners, self-employed individuals, salaried and working-class individuals.
Read more about SBFC Finance IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 10-Aug-23 |
Initiation of Refunds | 11-Aug-23 |
Credit of Shares to Demat Acct | 14-Aug-23 |
IPO Shares Listing Date | 16-Aug-23 |
UPI mandate expiry date | 17-Aug-23 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
[01-Aug-23] Quantity Freeze Limits for Indices
As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01-Aug-23.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:
Refer: NSE Circular
W.e.f 31-Jul: New Identity for Orient Abrasives Ltd.
As per a recent circular, the name and symbol of Orient Abrasives Ltd. (Scrip code: 504879) will be changed as follows w.e.f 31-Jul-23.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
ORIENTABRA | ORIENTCER | Orient Abrasives Ltd. | Orient Ceratech Ltd. |
Refer: BSE Circular | NSE Circular
W.e.f 31-Jul-23: New Identity for Fourth Dimension Solutions Ltd.
As per a recent circular, the name of Fourth Dimension Solutions Ltd. will be changed as follows w.e.f 31-Jul-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
4THDIM | GVPTECH | Fourth Dimension Solutions Ltd. | GVP Infotech Ltd. |
Refer: NSE Circular
Sub-division of equity shares of Akshar Spintex Ltd.
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 Akshar Spintex Ltd. (Scrip Code: 541303) will be sub-divided into 10 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Akshar Spintex Ltd. | AKSHAR | 1:10 | 31-Jul | 31-Jul |
Refer: NSE circular | BSE Circular