Revision in BANKNIFTY Market Lot

According to a recent NSE circular, the Maximum Lots per Order for BANKNIFTY has been revised w.e.f. 28-Apr-23. Below is the list of Maximum Lot…

According to a recent NSE circular, the Maximum Lots per Order for BANKNIFTY has been revised w.e.f. 28-Apr-23

Below is the list of Maximum Lots per Order applicable for the mentioned indices from the said date:

Sr. No Underlying Index Symbol Present Market Lot Revised Market Lot 
1NIFTY 50 NIFTY5050
2NIFTY BANKBANKNIFTY2515
3NIFTY FINANCIAL SERVICESFINNIFTY4040
4NIFTY MIDCAP SELECTMIDCPNIFTY7575

The same will be applicable as follow:

  • Only the contracts expiring in Jul-23 and beyond will be revised for market lots
  • Contracts maturing in Apr-23, May-23, and Jun-23 would continue to have the existing market lots
  • For more information, refer NSE Circular.

    A 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…

    A 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 Shree Securities Ltd. (Scrip Code: 538975) will be subdivided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Shree Securities Ltd.SHREESEC1:1006-Apr06-Apr

    Refer: BSE circular

    As per a recent circular, the following security (Scrip Code: 526093) will be suspended from trading w.e.f. April 03, 2023. Name of the CompanyS…

    As per a recent circular, the following security (Scrip Code: 526093) will be suspended from trading w.e.f. April 03, 2023.

    Name of the CompanySymbolReason for Suspension
    Sathavahana Ispat LtdSATHAISPATInsolvency & Bankruptcy

    Refer: BSE Circular

    As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 03-Apr-23.Below are the Quantity Freeze Limits &…

    As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 03-Apr-23.

    Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:

    No.IndicesQuantity Freeze Limit (Maximum units you can buy or sell per order)Maximum lots per Order (Quantity Freeze Limit/Lot Size*)
    1.BANKNIFTY90060
    2.NIFTY180036
    3.FINNIFTY180045
    4.MIDCPNIFTY550073
    *Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows: BANKNIFTY=15; NIFTY=50; FINNIFTY=40; MIDCPNIFTY=75

    Refer: NSE Circular

    A 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…

    A 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 Avance Technologies Ltd. (Scrip Code: 512149) will be subdivided into 2 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Avance Technologies Ltd.AVANCE1:231-Mar31-Mar

    Refer: BSE circular

    A 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…

    A 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 Artemis Electricals & Projects Ltd. (Scrip Code: 542670) will be subdivided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Artemis Electricals & Projects Ltd.AEPL1:1031-Mar31-Mar

    Refer: BSE circular

    Avalon Technologies is one of the leading fully integrated Electronic Manufacturing Services companies with end-to-end capabilities in delivering box…

    Avalon Technologies is one of the leading fully integrated Electronic Manufacturing Services companies with end-to-end capabilities in delivering box build solutions in India in terms of revenue in Fiscal 2022, with a focus on high value precision engineered products. They provide a full stack product and solution suite, right from printed circuit board design and assembly to the manufacture of complete electronic systems, to certain global original equipment manufacturers, including OEMs located in the United States, China, Netherlands, and Japan.

    The below table has important dates with respect to the IPO allotment and listing.

    Finalization of Basis of Allotment12-Apr-23
    Initiation of Refunds13-Apr-23
    Credit of Shares to Demat Acct17-Apr-23
    IPO Shares Listing Date18-Apr-23
    UPI mandate expiry date19-Apr-23

    How to Check Allotment Status

    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.

    Link your PAN-Aadhaar before 30-Jun-23(31-Mar-23 31-Mar-22 30-Sep-21 30-Jun-21)Did you know: That u/s 139AA, Income Tax Act 1961, it is mandatory to …

    Link your PAN-Aadhaar before 30-Jun-23(31-Mar-23 31-Mar-22 30-Sep-21 30-Jun-21)

    Did you know: That u/s 139AA, Income Tax Act 1961, it is mandatory to link your PAN with your Aadhaar.

    Last Date to link your PAN-Aadhaar: 30-Jun-23!

    So if you still have not linked your PAN with your Aadhaar, then ensure that you do so at the earliest.

    Here is what can happen if you do not complete this process by 30-Jun-23:

  • The PAN provided by you in your Angel Broking Trading & Demat Account will become inoperative
  • Your Angel Broking Trading & Demat account may also become inactive due to the same
  • You may not be able to conduct financial transactions which are mapped to your PAN  
  • What you need to do: Ensure that your PAN-Aadhaar linking is completed by 30-Jun-23

    How to link PAN with Aadhaar

    Via SMS:

  • Type message in the format UIDPAN<12 Digit Aadhaar> <10 Digit PAN>
  • Send the message to either 567678 or 56161 from your registered mobile number
  • Via e-Filing Website

  • Visit the Link Aadhaar option on the Income Tax e-Filing website
  • Enter your PAN and Aadhaar number
  • Enter the name as mentioned in your Aadhaar card
  • Click ‘Link Aadhaar’
  • Not sure if your PAN-Aadhaar are linked? Click here for Status.

    As per a recent circular, the name of E.COM Infotech (I) Ltd. (Scrip code: 531533) will be changed as follows w.e.f 31-Mar-23. Existing Symbol&n…

    As per a recent circular, the name of E.COM Infotech (I) Ltd. (Scrip code: 531533) will be changed as follows w.e.f 31-Mar-23.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    ECOMACCEDEREE.COM Infotech (I) Ltd.Accedere Ltd.

    Refer: BSE Circular

    A 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…

    A 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 Bharat Agri Fert and Realty Ltd. (Scrip Code: 531862) will be subdivided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Bharat Agri Fert and Realty Ltd.BHARATAGRI1:1030-Mar29-Mar

    Refer: BSE circular