Revision in NIFTY BANK (BANKNIFTY) Expiry Futures and Options Contract Cycle
Members are hereby advised to note the following revision which shall be
implemented for trading in BANKNIFTY contracts. Below are the changes in the expiry day of derivatives contract on BANKNIFTY:
Expiry Day | Current Expiry Day | Revised Expiry Day |
Weekly Contracts | Thursday of every week excluding the expiry week of monthly contracts. | 1. All existing weekly contracts shall expire on Friday of every week. 2. If Friday is a trading holiday , then the expiry day is the previous trading day. |
Monthly & Quarterly Contracts | Last Thursday of the expiry month | 1. All monthly contracts shall expire on the last Friday of the respective contract month. 2. If Friday is a trading holiday, then the expiry day is the previous trading day. |
Important Instructions
contracts with Thursday expiry will be revised to Friday on July 6, 2023 EOD.
For other important instructions, please refer to the NSE Circular.
W.e.f 06-Jun: New Identity for Kalpataru Power Transmission Ltd.
As per a recent circular, the name of Kalpataru Power Transmission Ltd. (Scrip code: 522287) will be changed as follows w.e.f 06-Jun-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
KALPATPOWR | KPIL | Kalpataru Power Transmission Ltd. | Kalpataru Projects International Ltd. |
Refer: BSE Circular | NSE Circular
Sub-division and bonus Issue of equity shares of Hardwyn India Ltd.
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 to its existing shareholders.
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 a recent BSE circular,
The key dates for the same are as follows:
Company Name | Symbol | Record Date | Ex-bonus Basis From Date |
Hardwyn India Ltd. | HARDWYN | 05-Jun | 05-Jun |
Refer: BSE circular | NSE Circular
Mohota Industries Ltd. has stopped trading
As per a recent circular, the following security (Scrip Code: 530047) has been suspended from trading w.e.f. May 31, 2023.
Name of the Company | Symbol | Reason for Suspension |
Mohota Industries Ltd | MOHOTAIND | Procedural reasons |
Refer: BSE Circular| NSE Circular
IPO Alert: IKIO Lighting Ltd.
IKIO is an Indian manufacturer of light emitting diode lighting solutions. They are focused on sustainability and providing low energy LED products to help India meet its sustainability goals. IKIO has a fully integrated manufacturing infrastructure, capable of producing ingenious LED lighting products.
Read more about IKIO Lighting Ltd. IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 13-Jun-23 |
Initiation of Refunds | 14-Jun-23 |
Credit of Shares to Demat Acct | 15-Jun-23 |
IPO Shares Listing Date | 16-Jun-23 |
UPI mandate expiry date | 08-Jun-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.
Offer for Sale (OFS) - Coal India Ltd.
Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:
W.e.f 02-Jun: New Identity for Supremex Shine Steels Ltd.
As per a recent circular, the name of Supremex Shine Steels Ltd. (Scrip code: 534733) will be changed as follows w.e.f 02-Jun-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
SUPREMEX | AERPACE | Supremex Shine Steels Ltd. | Aerpace Industries Ltd. |
Refer: BSE Circular
W.e.f 02-Jun: New Identity for Akashdeep Metal Industries Ltd.
As per a recent circular, the name of Akashdeep Metal Industries Ltd. (Scrip code: 538778) will be changed as follows w.e.f 02-Jun-23.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
AKASHDEEP | KALYANCAP | Akashdeep Metal Industries Ltd. | Kalyan Capitals Ltd. |
Refer: BSE Circular
[01-Jun-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-Jun-23.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:
Refer: NSE Circular
Now Track Multiple Indices on the Angel One Watchlist
Our latest innovation on the Watchlist has been based on popular demand from our users. It is designed to give you not only a wider range of choices on which indices to track but also to give you the right data points at the right places so that you can use the index effectively. Let us now look at the details.
What's New?
In the latest version of the Angel One app:
Navigating the New Indices on the Watchlist
To add new indices to the Watchlist, just follow these simple steps:
To learn more on how to track indices on the Watchlist, click here.