Announcements

As per NSE’s circular, NMDC Ltd has announced the allotment of 1 equity share of NMDC Steel Ltd. for every 1 equity share of NMDC Ltd.

All existing contracts in the underlying NMDC, expiring on or after October 25, 2022, i.e. contracts expiring in the month of October-2022, November-2022 and December-2022, shall expire on October 25, 2022.

All existing contracts with expiry dates October 27, 2022, November 24, 2022 and December 29, 2022, will expire on October 25, 2022.

If you have any existing open positions in these contracts, kindly take the below steps:

The NMDC F&O Contracts for the above expiry dates will be re-introduced for trading on 27-Oct-22.

The list of option strikes from which specific strike prices would be made available for these contracts will be communicated via a separate circular to be issued on 25-Oct-22 post market hours.

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 its existing shareholders.

As per a recent circular, 1 equity share of TPL Plastech Ltd. will be sub-divided into 5 equity shares. The key dates for the same are as follows:

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 its existing shareholders.

As per a recent circular, 1 equity share of Global Education Ltd. will be sub-divided into 2 equity shares. The key dates for the same are as follows:

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 its existing shareholders.

As per a recent circular, 1 equity share of HLE Glascoat Ltd. (Scrip Code: 522215) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: BSE circular

As per a recent circular, the name of GMR Infrastructure Ltd. (Scrip code: 532754) will be changed as follows w.e.f 17-Oct-22.

Refer: BSE Circular

The company offers its shareholders the right to purchase its shares at a discount on a predetermined date known as the record date in a Rights Entitlement. 

Here’s the listing for September 2022:

Shareholders are granted Rights Entitlements (RE) by temporarily crediting their Demat accounts with RE, giving them the right to participate in a Rights Issue. Please note that these are Rights Entitlement and not Rights shares. To get the shares, you should apply at their respective Registrar & Transfer Agent (RTA) and convert RE into shares. You should keep in mind that RE is temporary and until you apply and pay the requisite amount, rights shares won’t be credited to your Demat account.

Please note: The value of RE will be zero after the Rights Issue closure date.

RE Trading Period : The Exchange will publish a circular 2 days prior to the issue open date.

How to apply for Rights Issue :-  The Rights Issue offer is updated with ASBA (Application Supported Blocked Amount).

Here's a list of existing SCSBs.

For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs

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, Veeram Securities Ltd. (Scrip Code: 540252) is issuing 1 bonus share for every 2 existing shares. The key dates for the Bonus Issue are as follows:

Refer: BSE circular

As per a recent circular, the name and symbol of Scandent Imaging Ltd. (Scrip code: 516110) will be changed as follows w.e.f 13-Oct-22.

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 shares held by the shareholders.

As per the recent NSE circular, Aarti Industries Ltd. is issuing 1 bonus share in Aarti Pharmalabs Ltd. for every 4 existing shares held in Aarti Industries Ltd. The key dates for the Bonus Issue are as follows:

In pursuant to the bonus issue of equity shares, the new F&O contracts with revised market lot of Aarti Industries Ltd will be available for trading w.e.f. 19-Oct-22 for the expiry of Oct-22, Nov-22 and Dec-22. 

Refer: NSE circular 1 | NSE Circular 2

An important part of yearly Diwali festivities is the customary trading session, commonly referred to as Muhurat Trading. Stock exchanges open trading for a special live trading session to give traders an opportunity to participate in this trading ritual which is believed to bring wealth and prosperity throughout the year.

This year, Muhurat Trading Session will be held on 24-Oct-22. Below are the timings for the various segments.

For more details, please refer to the circulars from NSE (Equities and F&O), BSE, NCDEX and MCX.

Learn more about the importance of Muhurat Trading here.