Delisting of equity shares of STERLINBIO
As per recent circulars of BSE & NSE, the following security will be delisted w.e.f. March 03, 2023.
Name of the Company | Symbol | Reason for Suspension |
Sterling Biotech Ltd. | STERLINBIO | Voluntary Delisting |
Refer: BSE Circular | NSE Circular
Revision in strike scheme of BANKNIFTY options
As per a recent NSE Circular, the Strike Scheme for BANKNIFTY options has been revised w.e.f 24- Mar -23.
Below is the Revision in Strike Scheme of BANKNIFTY options:
Index | Particulars | Existing Strike Interval | ExistingNumber of strikes | RevisedNumber of strikes |
In the money- At the money- out of the money | In the money- At the money- out of the money | |||
Nifty Bank Index | All weekly and monthly expiries | 100 | 20-1-20 | 25-1-25 |
500 (Including 500 strikes due to strike interval of 100) | 10-1-10 | 12-1-12 |
The following additional points are to be noted:
Refer: NSE Circular
Sub-division and bonus Issue of equity shares of Vinny Overseas Ltd.
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.
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 |
Vinny Overseas Ltd. | VINNY | 24-Feb | 24-Feb |
Refer: BSE circular
Exclusion of F&O Contracts of ZEE Entertainment Enterprises Ltd. (ZEEL)
In accordance with Exchange circulars NSE/SURV/55582 and NSE/SURV/55742, no fresh month contracts will be issued on expiration of Feb 2023 contracts. All existing contracts with March 2023 and April 2023 expiries shall continue.
Further, a margin of 100% shall be levied on all existing derivative contracts for all new positions created from 27-Feb-23 onwards and on all existing open positions as on 24-Feb-23.
Delisting of 30 Companies from BSE
The following companies will be delisted from the Exchange w.e.f Feb 24, 2023 on account of non-compliance with SEBI Regulations:
Company | Scrip Code | Ex-date |
Cox & Kings Ltd. | - | 23-Feb-23 |
Auroma Coke Ltd. | 531336 | 24-Feb-23 |
Bee Electronic Machines Ltd. | 517203 | 24-Feb-23 |
Bluechip Stockspin Ltd. | 531713 | 24-Feb-23 |
Detroit Industries Ltd. | 523400 | 24-Feb-23 |
Dina Iron & Steel Ltd. | 532003 | 24-Feb-23 |
Dwitiya Trading Ltd. | 538608 | 24-Feb-23 |
Funny Software Ltd. | 539169 | 24-Feb-23 |
Gangotri Iron & Steel Company Ltd. | 530945 | 24-Feb-23 |
Geefcee Finance Ltd. | 530389 | 24-Feb-23 |
Global Land Masters Corporation Ltd. | 531479 | 24-Feb-23 |
Mefcom Agro Industries Ltd. | 511276 | 24-Feb-23 |
Mideast India Ltd. | 500278 | 24-Feb-23 |
NovaGold Petro Resources Ltd. | 531791 | 24-Feb-23 |
Nu Tech Corporate Services Ltd. | 526313 | 24-Feb-23 |
Pentamedia Graphics Ltd. | 500329 | 24-Feb-23 |
Pincon Lifestyle Ltd. | 539007 | 24-Feb-23 |
Ram Minerals and Chemicals Ltd. | 534734 | 24-Feb-23 |
Roselabs Ltd. | 535503 | 24-Feb-23 |
Sanghi Corporate Services Ltd. | 511640 | 24-Feb-23 |
Sheetal Bio Agro Tech Ltd. | 531800 | 24-Feb-23 |
Shreejal Info Hubs Ltd. | 506874 | 24-Feb-23 |
South East Agro Industries Ltd. | 531679 | 24-Feb-23 |
Sriyansh Steel Ltd. | 513062 | 24-Feb-23 |
Sun Source India Ltd. | 517403 | 24-Feb-23 |
Tej Infoways Ltd. | 538793 | 24-Feb-23 |
Texplast Industries Ltd. | 530635 | 24-Feb-23 |
TSL Industries Ltd. | 531659 | 24-Feb-23 |
Vertical Industries Ltd. | 515099 | 24-Feb-23 |
Vishvakirti Investment Ltd. | 511014 | 24-Feb-23 |
Womens Next Loungeries Ltd. | 538128 | 24-Feb-23 |
Refer: BSE Circular | NSE Circular
Sub-division of equity shares of Karnavati Finance Ltd.
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 Karnavati Finance Ltd. (Scrip Code: 538928) 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 |
Karnavati Finance Ltd. | KARNAVATI | 1:10 | 24-Feb | 24-Feb |
Sub-division of equity shares of Akashdeep Metal Industries Ltd.
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 Akashdeep Metal Industries Ltd. (Scrip Code: 538778) will be subdivided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Akashdeep Metal Industries Ltd. | AKASHDEEP | 1:5 | 23-Feb | 23-Feb |
Refer: BSE circular
W.e.f 17-Feb: New Identity for Ozone World Ltd.
As per a recent circular, the name of Ozone World Ltd. (Scrip code: 539291) will be changed as follows w.e.f 17-Feb-23.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
OZONEWORLD | VASUDHAGAM | Ozone World Ltd. | Vasudhagama Enterprises Ltd. |
Refer: BSE Circular
Amalgamation of INOX Leisure Ltd. and PVR Ltd.
As per a BSE circular, PVR Ltd has announced the allotment of equity shares to INOX Leisure Ltd. shareholders w.e.f 17-Feb-23. 3 equity shares with a face value of Rs.10/- each of PVR Ltd. to be issued as fully paid up equity shares for every 10 fully paid up equity shares with a face value of Rs 10/- each held by shareholders of INOX Leisure Ltd.
The following security will be suspended from trading w.e.f 17-Feb-23.
Name of Company | Symbol | Series | Reason for Suspension |
INOX Leisure Limited | INOXLEISUR | EQ | Scheme of Amalgamation |
Refer: BSE Circular | NSE Circular
Sub-division of equity shares of Shreeji Translogistics Ltd.
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 Shreeji Translogistics Ltd. (Scrip Code: 540738) will be subdivided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Shreeji Translogistics Ltd. | STL | 1:5 | 15-Feb | 15-Feb |
Refer: BSE circular