T+1 Settlement: January Update

As you all know, from Feb-22, NSE & BSE introduced the T+1 settlement cycle in the Cash Segment in a phased manner as per the SEBI guidelines.&nb…

As you all know, from Feb-22, NSE & BSE introduced the T+1 settlement cycle in the Cash Segment in a phased manner as per the SEBI guidelines. 

W.e.f 27-Jan-23:

  • 192 more securities of NSE will be added into T+1 settlement
  • 192 more securities of BSE will be added into T+1 settlement
  • Important points for stocks under T+1 settlement in Cash segment:

  • The stocks traded will be settled on T+1 day. 
  • The MTF (Margin Trading Facility) Pledge Request must be authorized by 9:00 PM on T day for MTF funding.
  • Auction settlement (if any) will happen on T+2 day.
  • Refer: NSE Circular | BSE Circular | Overview of T+1 settlement

    Adani Enterprises is one of India’s largest listed business incubators in terms of market capitalisation and are driven by the philosophy of incubati…

    Adani Enterprises is one of India’s largest listed business incubators in terms of market capitalisation and are driven by the philosophy of incubating businesses in 4 core sectors - Energy and Utility, Transportation and Logistics, Consumer, and Primary Industry. 

    The below table has important dates with respect to the Adani Enterprises FPO allotment and listing.

    Finalization of Basis of Allotment03-Feb-23
    Initiation of Refunds06-Feb-23
    Credit of Shares to Demat Acct07-Feb-23
    FPO Shares Listing Date08-Feb-23
    UPI mandate expiry date09-Feb-23

    How to Check Allotment Status

    In case you have not been allotted for any partial allotment of FPO 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.

    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 i…

    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 Fourth Dimension Solutions Ltd. will be sub-divided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Fourth Dimension Solutions Ltd.4THDIM1:523-Jan23-Jan

    Refer: NSE circular

    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 i…

    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 Goldstar Power Ltd. will be sub-divided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Goldstar Power Ltd.GOLDSTAR1:1020-Jan20-Jan

    Refer: NSE circular

    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 i…

    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 Shradha Infraprojects Ltd. will be sub-divided into 2 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Shradha Infraprojects Ltd.SHRADHA1:220-Jan20-Jan

    Refer: NSE circular

    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 i…

    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 Deep Diamond India Ltd. (Scrip Code: 539559) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Deep Diamond India Ltd.DDIL1:1020-Jan20-Jan
    As per a recent circular, the name of Ineos Styrolution India Ltd. (Scrip code: 506222) will be changed as follows w.e.f 20-Jan-23. Existing Sym…

    As per a recent circular, the name of Ineos Styrolution India Ltd. (Scrip code: 506222) will be changed as follows w.e.f 20-Jan-23.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    INEOSSTYROSTYRENIXIneos Styrolution India Ltd.Styrenix Performance Materials Ltd.

    Refer: BSE Circular

    As per a recent circular, the name of Mewat Zinc Ltd. (Scrip code: 513496) will be changed as follows w.e.f 20-Jan-23. Existing Symbol New …

    As per a recent circular, the name of Mewat Zinc Ltd. (Scrip code: 513496) will be changed as follows w.e.f 20-Jan-23.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    MEWATZISIZEMASTERMewat Zinc Ltd.Sizemasters Technology Ltd.

    Refer: BSE Circular

    As per a recent circular, the name of Wall Street Finance Ltd. (Scrip code: 511147) will be changed as follows w.e.f 19-Jan-23. Existing Symbol&…

    As per a recent circular, the name of Wall Street Finance Ltd. (Scrip code: 511147) will be changed as follows w.e.f 19-Jan-23.

    Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
    WSFINWSFXWall Street Finance Ltd.WSFx Global Pay Ltd.

    Refer: BSE Circular

    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 sh…

    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, KPI Green Energy Ltd. (Scrip Code: 542323) is issuing 1 bonus share for every 1 existing share. The key dates for the Bonus Issue are as follows:

    Company NameSymbolRecord dateEx-Bonus basis from Date 
    KPI Green Energy Ltd.KPIGREEN18-Jan18-Jan

    Refer: BSE circular