October 17, 2024
7.6K
Offer for Sale of the below company is open in NSE/BSE. To place your OFS request:
Contact your sub-broker
In case you don't have a sub-broker, c…
Offer for Sale of the below company is open in NSE/BSE. To place your OFS request:
- Contact your sub-broker
- In case you don't have a sub-broker, call us at 18001020.
|
Scrip Name |
Category |
Time Window |
Floor Price |
Clearing Price |
|
COCHINSHIPD |
Non-Retail |
16-Oct, 09:15 am - 03:30 pm |
Rs. 1540 |
NA |
|
COCHINSHIPD |
Non-Retail |
16-Oct, 09:15 am - 03:30 pm |
NA |
Rs. 1542.50 |
October 14, 2024
4.4K
100% Margin Benefit From the Sale of Holdings on the Same Day
With reference to NSE’s circular, “The entire EPI value of sold securities without reduction of 20% upfront Margin shall be available as …
With reference to NSE’s circular, “The entire EPI value of sold securities without reduction of 20% upfront Margin shall be available as Margin for other positions across all the segments.“
In view of the above-mentioned clause, we are pleased to inform you that w.e.f 10-Oct-24, you will be getting 100% credit for stock holdings sold by you on the same day. Previously, this benefit was capped at 80%, with 20% of the sell amount reflecting under ‘Blocked Delivery Margin’.
Kindly note that this 100% of the sale value can also be used as a margin for subsequent trades.
Let’s understand this with an example:
|
Case |
Previous Scenario |
New Scenario (from 10th Oct) |
|
ABC Sold Stock XYZ worth ₹100,000 from their holdings |
₹+80,000 (Trading balance on the same day) |
₹+100,000 (Trading balance on the same day) |
Kindly refer to ‘Trading Balance’ on the Account page or ‘Available Margin’ on the Order page through app or website for the correct available balance.
Please ignore the ‘Funds from Delivery Sell’ and ‘Blocked Delivery Margin’ values appearing in your Trading Balance Breakup on the app or website. We're working to correct this display to reflect the accurate value soon.
November 04, 2024
5.3K
Rights Issue - October 2024
[Oct-24] 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 rig…
[Oct-24] 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 October 2024:
|
Company |
Ex-date |
Record Date |
RI Price (Rs. per share) |
RE Trading Period |
Last date to apply for Rights Shares |
Where to apply for rights shares |
Circular |
|
A B Infrabuild Limited |
17-May |
17-May |
₹18 |
24-Sep to 27-Sep |
04-Oct |
ASBA |
NSE Circular |
|
Srivari Spices & Foods Limited |
04-Sep |
04-Sep |
₹175 |
24-Sep to 27-Sep |
03-Oct |
ABSA |
NSE Circular |
|
Ganesh Ecoverse Limited |
09-Sep |
09-Sep |
₹35 |
20-Sep to 24-Sep |
04-Oct (Extended) |
ASBA |
|
|
Oriental Trimex Limited |
05-Sep |
05-Sep |
₹11 |
19-Sep to 27-Sep |
10-Oct (Re-extended) |
ASBA |
BSE/NSE Circular |
|
Synergy Green Industries Limited |
11-Sep |
11-Sep |
₹325 |
23-Sep to 30-Sep |
04-Oct |
ASBA |
BSE/NSE Circular |
|
Tilak Ventures Limited |
13-Sep |
13-Sep |
₹2.20 |
03-Oct to 04-Oct |
11-Oct |
ASBA |
|
|
Advik Capital Limited |
12-Sep |
12-Sep |
₹2.50 |
24-Sep to 01-Oct |
14-Oct (Re-extended) |
ASBA |
|
|
Narmada Agrobase Limited |
16-Sep |
16-Sep |
₹15 |
30-Sep to 03-Oct |
09-Oct |
ASBA |
BSE/NSE Circular |
|
Rapid Investments Limited |
18-Sep |
18-Sep |
₹100 |
26-Sep to 04-Oct |
10-Oct |
ASBA |
|
|
Patel Integrated Logistics Limited |
06-Sep |
06-Sep |
₹18 |
09-Sep to 24-Sep |
01-Oct |
ASBA |
BSE/NSE Circular |
|
Purple Finance Limited |
26-Sep |
26-Sep |
₹40 |
04-Oct to 08-Oct |
11-Oct |
ASBA |
|
|
Sadhana Nitrochem Limited |
13-Sep |
13-Sep |
₹6.06 |
20-Sep to 25-Sep |
04-Oct (Extended) |
ASBA |
BSE/NSE Circular |
|
Mittal Life Style Limited |
03-Oct |
03-Oct |
₹2 |
11-Oct to 16-Oct |
21-Oct |
ASBA |
NSE Circular |
|
Geojit Financial Services Limited |
07-Oct |
07-Oct |
₹50 |
15-Oct to 17-Oct |
23-Oct |
ASBA |
BSE/NSE Circular |
|
ARC Finance Limited |
10-Oct |
10-Oct |
₹1.20 |
21-Oct to 12-Nov |
18-Nov |
ASBA |
|
|
Ushanti Colour Chem Limited |
11-Oct |
11-Oct |
₹55 |
- |
- |
ASBA |
NSE Circular |
|
Edvenswa Enterprises Limited |
14-Oct |
14-Oct |
₹60 |
25-Oct to 05-Nov |
11-Nov |
ASBA |
|
|
Kretto Syscon Limited |
11-Oct |
11-Oct |
₹1 |
24-Oct to 06-Nov |
12-Nov |
ASBA |
|
|
Sahana System Limited |
25-Sep |
25-Sep |
₹890 |
11-Oct to 16-Oct |
25-Oct |
ASBA |
NSE Circular |
|
IGC Industries Limited |
18-Oct |
18-Oct |
₹13 |
- |
- |
ASBA |
|
|
Thinkink Picturez Limited |
18-Oct |
18-Oct |
₹1.50 |
- |
- |
ASBA |
|
|
Bella Casa Fashion & Retail Limited |
19-Oct |
19-Oct |
₹261 |
30-Oct to 08-Nov |
14-Nov |
ASBA |
|
|
DMR Hydroengineering & Infrastructures Limited |
22-Oct |
22-Oct |
₹140 |
- |
- |
ASBA |
|
|
Diligent Industries Limited |
24-Oct |
24-Oct |
₹3.60 |
- |
- |
ASBA |
|
|
Hindware Home Innovation Limited |
25-Oct |
25-Oct |
₹220 |
- |
- |
ASBA |
BSE/NSE Circular |
|
Mercury Trade Links Limited |
24-Oct |
24-Oct |
₹44.95 |
- |
- |
ASBA |
|
|
PMC Fincorp Limited |
25-Oct |
25-Oct |
₹2.75 |
- |
- |
ASBA |
|
|
Asian Petroproducts & Exports Limited |
30-Oct |
30-Oct |
₹10 |
- |
- |
ASBA |
|
|
Shangar Decor Limited |
28-Oct |
28-Oct |
₹5.76 |
- |
- |
ASBA |
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).
- For the online ASBA process, visit the website of an SCSB (Self-certified Syndicate Bank) and apply.
- For the offline ASBA process, submit a physical application to participate in the Rights Issue at a designated SCSB.
Here's alist of existing SCSBs.
For more details on Rights Issue/Rights Entitlement, please refer toBSE FAQs.
October 04, 2024
8.4K
IDFC Limited (IDFC) - Corporate Action
As per NSE’s Circular, due to corporate action (Amalgamation) shares of IDFC Ltd will be suspended from trading w.e.f 10-Oct-2024. Last day of …
As per NSE’s Circular, due to corporate action (Amalgamation) shares of IDFC Ltd will be suspended from trading w.e.f 10-Oct-2024. Last day of trading IDFC Ltd. will be 09-Oct-2024.
Also, with reference to subsequent NSE’s Circular, the IDFC limited security will be excluded from Equity derivative Segment and all the existing contracts of expiry months October 2024, November 2024 and December 2024 will expire on 09-Oct-2024.
If you have any existing open positions in these contracts, kindly take the below steps:
- Maintain 100% margin (Full contract value) on or before 09-Oct-2024 to avoid RMS square-off and/or margin shortfall penalty.
- Square-off any existing open positions by 09-Oct-2024 to avoid physical settlement and/or margin shortfall penalty.
We request you to take appropriate action as per your investments.
November 07, 2024
7.5K
Corporate Actions - October 2024
[Oct-24] Stay ahead of the curve with our monthly Corporate Actions roundup!
Corporate actions have an impact on your portfolio and thus, stay…
[Oct-24] Stay ahead of the curve with our monthly Corporate Actions roundup!
Corporate actions have an impact on your portfolio and thus, staying informed is a key. To help you stay up-to-date, we’ve compiled a list of all the corporate actions happening this month. Whether you are tracking a subdivision that could adjust your shareholdings, a buyback that will boost your stock, or your share of profits in the form of dividends, we’ve got you covered.
Various types of corporate actions we have covered here are sub-divisions, dividends, bonus issues, buybacks, takeovers, delistings, and name changes. So, dive in, explore the details, and stay ahead in your investment journey.
Bonus Issue
A bonus Issue is a corporate action in which a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
|
Company Name |
Symbol/Scrip Code |
Record Date |
Ex-Bonus basis from Date |
Bonus Issue |
Circular |
|
NBCC (India) Limited |
NBCC |
07-Oct-24 |
07-Oct-24 |
1:2 |
|
|
Shikhar Leasing and Trading Ltd. |
507952 |
04-Oct-24 |
04-Oct-24 |
3:1 |
|
|
Classic Electricals Ltd. |
512213 |
04-Oct-24 |
04-Oct-24 |
5:1 |
|
|
Grovy India Ltd |
539522 |
23-Oct-24 |
23-Oct-24 |
3:1 |
|
|
Reliance Industries Ltd |
500325 |
28-Oct-24 |
28-Oct-24 |
1:1 |
|
|
Power Mech Projects Limited |
539302 |
08-Oct-24 |
08-Oct-24 |
1:1 |
Subdivision/Stock Split
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.
|
Company Name |
Symbol/Scrip Code |
Sub-division Ratio |
Record Date |
Ex-split Date |
Circular |
|
Real Eco-energy Ltd. |
530053 |
1:5 |
04-Oct-24 |
04-Oct-24 |
|
|
Integrated Industries Ltd. |
531889 |
1:10 |
01-Oct-24 |
01-Oct-24 |
|
|
Godawari Power & Ispat Ltd. |
GPIL |
1:5 |
04-Oct-24 |
04-Oct-24 |
|
|
POCL Enterprises Ltd |
539195 |
1:5 |
25-Oct-24 |
25-Oct-24 |
|
|
Humming Bird Education Ltd |
542592 |
1:10 |
18-Oct-24 |
18-Oct-24 |
|
|
Sacheta Metals Ltd. |
531869 |
1:5 |
19-Oct-24 |
18-Oct-24 |
|
|
Dr. Reddy’s Laboratories Ltd |
DRREDDY |
5:1 |
28-Oct-24 |
28-Oct-24 |
|
|
Master Trust Ltd. |
511768 |
5:1 |
30-Oct-24 |
30-Oct-24 |
|
|
Sukhjit Starch & Chemicals Ltd. |
SUKHJITS |
2:1 |
25-Oct-24 |
25-Oct-24 |
Name Change
|
Existing Symbol |
New Symbol |
Record Date |
Existing Name of the Company |
New Name of the Company |
Circular |
|
LAXMIMACH |
LAXMIMACH |
10-Oct-24 |
Lakshmi Machine Works Limited |
LMW Limited |
|
|
543225 |
543225 |
18-Oct-24 |
Data Infrastructure Trust |
Altius Telecom Infrastructure Trust |
Demerger
It is a form of corporate restructuring wherein an entity is segregated into small entities to function individually.
|
Name of Company |
Symbol |
Scrip Code |
Record Date |
Consideration |
Circular |
|
Hercules Hoists Ltd. |
HERCULES |
505720 |
11-Oct-24 |
1 Equity Share of Re.1/- of INDEF Manufacturing Limited for every 1 Equity Share of Re.1/- of Hercules Hoists Limited |
|
|
Softsol India Limited |
- |
532344 |
11-Oct-24 |
1 Equity Share of ₹10/- of Covance Softsol Limited for every 1 Equity Share of ₹10/- of Softsol India Limited |
Amalgamation
A form of corporate restructuring wherein two or more companies merge or unite and work together as one entity.
|
Name of Company |
Symbol/Scrip Code |
Record Date |
Consideration |
Circular |
|
IDFC Limited |
IDFC |
10-Oct-24 |
155 Equity Shares of ₹10/- of IDFC First Bank Limited for every 100 Equity Shares of ₹10/- of IDFC Limited |
|
|
TV18 Broadcast Ltd |
TV18BRDCST |
16-Oct-24 |
100 Equity Shares of ₹5/- of Network 18 Media Investments Limited for every 172 Equity Shares of ₹2/- of TV18 Broadcast Ltd. |
Suspension of Trading in Shares
|
Name of the Company |
Symbol |
Effective Date |
Reason for Suspension |
Circular |
|
Jubilant Industries Limited |
JUBLINDS |
16-Oct-24 |
Scheme of Amalgamation |
|
|
TV18 Broadcast Limited |
TV18BRDCST |
16-Oct-24 |
Scheme of Amalgamation |
|
|
Sumeet Industries Ltd |
SUMEETINDS |
18-Oct-24 |
Reduction of Equity Share Capital |
|
|
IDFC Limited |
IDFC |
10-Oct-24 |
Scheme of Amalgamation |
|
|
Gold Line International Finvest Ltd |
538180 |
01-Oct-24 |
Non-compliance of SEBI Regulations |
Delisting of Companies
|
Name of the Company |
Symbol |
Effective Date |
Reason |
Circular |
|
Celestial Biolabs Limited |
CELESTIAL |
17-Oct-24 |
Compulsory Delisting |
|
|
JIK Industries Limited |
JIKIND |
17-Oct-24 |
Compulsory Delisting |
|
|
Arambhan Hospitality Services Ltd |
539403 |
16-Oct-24 |
Compulsory Delisting |
|
|
Coventry Coil-O-Matic Haryana Ltd |
523415 |
16-Oct-24 |
Compulsory Delisting |
|
|
India Infraspace Ltd. |
531343 |
16-Oct-24 |
Compulsory Delisting |
|
|
Pawansut Holdings Ltd |
535658 |
16-Oct-24 |
Compulsory Delisting |
|
|
TCNS Clothing Co. Limited |
541700 |
15-Oct-24 |
Scheme of Amalgamation |
|
|
Tata Motors Ltd. (DVR Scrip) |
570001 |
15-Oct-24 |
Scheme of Amalgamation |
|
|
ISMT Limited |
532479 |
15-Oct-24 |
Scheme of Amalgamation |
|
|
Ujjivan Financial Services Limited |
539874 |
15-Oct-24 |
Scheme of Amalgamation |
Takeover
A Takeover is a type of corporate action in which one company (the acquirer) acquires or takes control of another (the target). Such a takeover occurs through the merger and acquisition process and can affect the company's structure in various ways.
|
Name of Company |
Symbol |
Offer Price Per Share |
Circular |
|---|---|---|---|
|
Navkar Corporation Limited |
NAVKARMOCK |
₹105.32 |
|
|
Shalimar Agencies Ltd |
SAGL |
₹15 |
|
|
NB Footwear Ltd |
NBFOOT |
₹7 |
October 01, 2024
6.3K
[01-Oct-24] Quantity Freeze Limits for Indices
As per a recent NSE Circular, the Quantity Freeze Limit and market lots for different indices have been revised w.e.f 01-Oct-24.
Below are the Quant…
As per a recent NSE Circular, the Quantity Freeze Limit and market lots for different indices have been revised w.e.f 01-Oct-24.
Below are the Quantity Freeze Limits and Maximum Lots per Order applicable for the mentioned indices.
No. |
Indices |
Quantity Freeze Limit (Maximum units you can buy or sell per order) |
Maximum lots per Order (Quantity Freeze Limit/Lot Size*) |
|
1. |
BANKNIFTY |
900 |
60 |
|
2. |
NIFTY |
1800 |
72 |
|
3. |
FINNIFTY |
1800 |
72 |
|
4. |
MIDCPNIFTY |
2800 |
56 |
|
5. |
NIFTYNXT50 |
600 |
60 |
|
*Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows: BANKNIFTY= 15; NIFTY=25; FINNIFTY=25 ; MIDCPNIFTY=50; NIFTYNXT50=10 |
|||
Refer: NSE Circular
September 26, 2024
9.4K
Offer for Sale (OFS) - ASK AUTOMOTIVE LTD
Offer for Sale of the below company is open in NSE/BSE. To place your OFS request:
Contact your sub-broker
In case you don't have a sub-broker, c…
Offer for Sale of the below company is open in NSE/BSE. To place your OFS request:
- Contact your sub-broker
- In case you don't have a sub-broker, call us at 18001020.
|
Scrip Name |
Category |
Time Window |
Floor Price |
Clearing Price |
|
ASKAUTOLTD |
Non-Retail |
26-Sep, 09:15 am - 03:30 pm |
Rs. 433 |
NA |
|
ASKAUTOLTD |
Non-Retail |
26-Sep, 09:15 am - 03:30 pm |
NA |
Rs. 450 |
September 19, 2024
9.5K
Offer for Sale (OFS) - GE T&D INDIA LTD
Offer for Sale of below company is open in BSE/NSE. To place your OFS request:
Contact your sub-broker
In case you don't have a sub-broker, call …
Offer for Sale of below company is open in BSE/NSE. To place your OFS request:
- Contact your sub-broker
- In case you don't have a sub-broker, call us at 18001020.
|
Scrip Name |
Category |
Time Window |
Floor Price |
Clearing Price |
|
GET&D |
Non-Retail |
19-Sep, 09:15 am - 03:30 pm |
Rs. 1400 |
NA |
September 17, 2024
6.7K
Settlement Holiday on 18-Sep-2024
18-Sep-2024 is a Settlement Holiday due to Eid-e-Milad. The Currency Segment will be closed for trading on this day. However, other segments are open…
18-Sep-2024 is a Settlement Holiday due to Eid-e-Milad. The Currency Segment will be closed for trading on this day. However, other segments are open for Trading.
What this means for you:
You can place your Trades as usual, except the stock purchased on 17-Sep-2024 will not be allowed to be sold on 18-Sep-2024. The settlement of funds/securities will be processed as detailed in the table below:
|
Segment |
Trade placed on |
Date of Settlement |
|
Equity |
17-Sep-2024 and 18-Sep-2024 |
19-Sep-2024 |
|
Derivatives (F&O) |
17-Sep-2024 and 18-Sep-2024 |
19-Sep-2024 |
Note: Stock purchased on 17-Sep-2024 will not be allowed to be sold on 18-Sep-2024. This change is only for double payin/payout of stock due to the settlement holiday on 18-Sep-2024, and is not a regular change.
Your credit balance for 18-Sep will not include the following:
|
Segment |
Account Balance Exclusions |
|
Equity |
Intraday Profits made on 17-Sep-2024 and 18-Sep-2024. |
|
Derivatives (Equity F&O, Currency & Commodity) |
Credits made from trades done on 17-Sep-2024 and 18-Sep-2024. |
Just so you know: 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.
September 12, 2024
10.3K
Offer for Sale (OFS) - ROUTE MOBILE LTD
Offer for Sale of the below company is open in BSE. To place your OFS request:
Contact your sub-broker
In case you don't have a sub-broker, call …
Offer for Sale of the below company is open in BSE. To place your OFS request:
- Contact your sub-broker
- In case you don't have a sub-broker, call us at 18001020.
|
Scrip Name |
Category |
Time Window |
Floor Price |
Clearing Price |
|
Non-Retail |
12-Sep, 09:15 am - 03:30 pm |
Rs. 1635 |
NA |
|
|
Non-Retail |
12-Sep, 09:15 am - 03:30 pm |
NA |
Rs. 1653 |
