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 Lots per Order applicable for the mentioned indices from the said date:
Sr. No | Underlying | Index Symbol | Present Market Lot | Revised Market Lot |
1 | NIFTY 50 | NIFTY | 50 | 50 |
2 | NIFTY BANK | BANKNIFTY | 25 | 15 |
3 | NIFTY FINANCIAL SERVICES | FINNIFTY | 40 | 40 |
4 | NIFTY MIDCAP SELECT | MIDCPNIFTY | 75 | 75 |
The same will be applicable as follow:
For more information, refer NSE Circular.
Sub-division of equity shares of Shree Securities 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 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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Shree Securities Ltd. | SHREESEC | 1:10 | 06-Apr | 06-Apr |
Refer: BSE circular
Sathavahana Ispat Ltd. to stop trading
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 Company | Symbol | Reason for Suspension |
Sathavahana Ispat Ltd | SATHAISPAT | Insolvency & Bankruptcy |
Refer: BSE Circular
[03-Apr-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 03-Apr-23.
Below are the Quantity Freeze Limits & 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 | 36 |
3. | FINNIFTY | 1800 | 45 |
4. | MIDCPNIFTY | 5500 | 73 |
*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
Sub-division of equity shares of Avance Technologies 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 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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Avance Technologies Ltd. | AVANCE | 1:2 | 31-Mar | 31-Mar |
Refer: BSE circular
Sub-division of equity shares of Artemis Electricals & Projects 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 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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Artemis Electricals & Projects Ltd. | AEPL | 1:10 | 31-Mar | 31-Mar |
Refer: BSE circular
Important dates: Avalon Technologies Ltd. IPO
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 Allotment | 12-Apr-23 |
Initiation of Refunds | 13-Apr-23 |
Credit of Shares to Demat Acct | 17-Apr-23 |
IPO Shares Listing Date | 18-Apr-23 |
UPI mandate expiry date | 19-Apr-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.
[Updated Mar-23] Deadline Alert: PAN-Aadhaar Linking!
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:
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:
Via e-Filing Website
Not sure if your PAN-Aadhaar are linked? Click here for Status.
W.e.f 31-Mar: New Identity for E.COM Infotech (I) Ltd.
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 Company | New Name of the Company |
ECOM | ACCEDERE | E.COM Infotech (I) Ltd. | Accedere Ltd. |
Refer: BSE Circular
Sub-division of equity shares of Bharat Agri Fert and Realty 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 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 Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Bharat Agri Fert and Realty Ltd. | BHARATAGRI | 1:10 | 30-Mar | 29-Mar |
Refer: BSE circular