Caution: De-merger of Reliance Industries Ltd.
Per circulars from BSE and NSE, Reliance Industries Ltd. will demerge w.e.f. 20-Jul-2023.
Due to this de-merger, 1 additional equity share of Reliance Strategic Investments Ltd. will be allotted for every 1 equity share held in Reliance Industries Ltd.
Name of Company | Symbol | Scrip Code |
Reliance Industries Ltd. | RELIANCE | 500325 |
Following are the important actions that will take place in regard to the Reliance Industries Ltd. scrip at Angel One.
Action to be taken | Action date |
Trading in Reliance Industries Ltd. shares will be allowed under Margin Product with the client having 32% Margin | 14-Jul-2023 |
32% Margin will be applicable for F&O segment positions (existing & fresh positions for Reliance Industries Ltd. contracts) | 14-Jul-2023 |
Existing MTF (Margin Trading Funding) position in Reliance Industries Ltd. Margin will be charged to 32% | 14-Jul-2023 |
Exposure will be provided against Reliance Industries Ltd. shares after 32% Haircut | 17-Jul-2023 |
Derivative Option buying under Reliance Industries Ltd. will be discontinued | 17-Jul-2023 |
In case of any margin shortfall, square-off will be done to the extent of ledger debit/Margin shortage | 17-Jul-2023 |
Derivatives (Futures/Option) open positions for Reliance Industries Ltd. will be converted into physical delivery if the Exchange allows | 19-Jul-2023 |
In case of any MTM shortage, the client needs to provide additional collaterals to carry forward the open positions | 20-Jul-2023 |
Caution: All F&O Contracts specifications will display the original expiry date but the contracts will be available to trade till 19-Jul-2023 only, irrespective of the original expiry.
W.e.f 11-Jul-23: New Identity for Yash Pakka Ltd.
As per a recent circular, the name of Yash Pakka Ltd. (Scrip code: 516030) will be changed as follows w.e.f 11-Jul-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
YASHPAKKA | PAKKA | Yash Pakka Ltd. | Pakka Ltd. |
Refer: BSE Circular
IPO Alert: Utkarsh Small Finance Bank Ltd.
Utkarsh SFB has recorded the 3rd fastest Gross Loan Portfolio growth between Fiscal 2019 and Fiscal 2023 among SFBs. Their operations are spread across India and are present in 26 States and Union Territories with 830 Banking Outlets and 15,424 employees, as of March 31, 2023.
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 19-Jul-23 |
Initiation of Refunds | 20-Jul-23 |
Credit of Shares to Demat Acct | 21-Jul-23 |
IPO Shares Listing Date | 24-Jul-23 |
UPI mandate expiry date | 25-Jul-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.
Bonus Issue of Roto Pumps 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, Roto Pumps Ltd. (Scrip Code: 517500) 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 |
Roto Pumps Ltd. | ROTO | 08-Jul | 07-Jul |
Refer: BSE circular
Bonus Issue of Mufin Green Finance 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, Mufin Green Finance Ltd. (Scrip Code: 542774) is issuing 2 bonus shares 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 |
Mufin Green Finance Ltd. | MUFIN | 07-Jul | 07-Jul |
Refer: BSE circular
Delisting of 2 Companies from BSE
The following companies will be delisted from BSE w.e.f 05-Jul-23 on account of non-compliance with SEBI Regulations:
Name of Company | Scrip Code |
---|---|
IFL Promoters Ltd. | 511682 |
Regaliaa Realty Ltd. | 530807 |
Refer: BSE Circular
Bonus Issue of Sadhana Nitrochem 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, Sadhana Nitrochem Ltd. (Scrip Code: 506642) is issuing 2 bonus shares for every 9 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Sadhana Nitrochem Ltd. | SADHNANIQ | 05-Jul | 05-Jul |
Refer: BSE Circular
Bonus Issue of Bhansali Engineering Polymers 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, Bhansali Engineering Polymers Ltd. (Scrip Code: 500052) is issuing 1 bonus share for every 2 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Bhansali Engineering Polymers Ltd. | BEPL | 05-Jul | 05-Jul |
Refer: BSE circular
Housing Development Finance Corporation Ltd. (HDFC) will stop trading
Per a recent circular, the following security (Scrip Code: 500010) will be suspended from trading w.e.f. July 13, 2023.
Name of the Company | Symbol | Reason for Suspension |
Housing Development Finance Corporation Ltd. | HDFC | Scheme of Amalgamation |
Refer: BSE Circular | NSE Circular
The amalgamation of Housing Development Finance Corporation Ltd. and HDFC Bank Ltd.
As per circulars from BSE and NSE, HDFC Bank Ltd. has announced an allotment of equity shares to the shareholders of Housing Development Finance Corporation Ltd. w.e.f 13-Jul-23. 42 equity shares with a face value of Re 1/- each of HDFC Bank Ltd. to be issued as fully paid up equity shares for every 25 fully paid up equity shares with a face value of Rs 2/- each held by shareholders of Housing Development Finance Corporation Ltd.
In view of the above, the existing F&O contracts of expiry months July 2023, August 2023, and September 2023 will expire on 12-Jul-23.
It is hereby notified that the following security will be suspended from trading w.e.f 13-Jul-23.
Name of Company | Symbol | Series | Reason for Suspension |
---|---|---|---|
Housing Development Finance Corporation Ltd. | HDFC | EQ | Scheme of Amalgamation |
Refer: BSE Circular | NSE Circular