Announcements

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 Maximus International Ltd. (Scrip Code: 540401) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

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 shareholder.

As per the recent BSE circular, Insecticides India Ltd. (Scrip Code: 532851) is issuing 1 bonus share for every 2 existing shares. The key dates for the Bonus Issue are as follows:

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 shareholder.

As per the recent NSE circular, Samvardhana Motherson International Ltd is issuing 1  bonus share for every 2 existing shares held. The key dates for the Bonus Issue are as follows:

In pursuant to the bonus issue of equity shares, the market lot size for F&O contracts will be revised w.e.f. 03-Oct-22 as follows:

Refer: NSE circular

UPI is an instant payment system introduced and developed by National Payments Corporation of India (NPCI) that executes instant money transfers between two parties.

Applying for an IPO has become much easier with the introduction of UPI. All you need to do is enter a UPI ID with either of the NPCI approved apps/UPI handles and select it as your payment option while applying for an IPO. 

To ensure your IPO application process is completed without any interruptions, make sure that your UPI ID features in the list approved by NPCI.

Below is the list of apps approved by NPCI and their UPI handles.

As per a recent NSE Circular, the Quantity Freeze Limit for NIFTY have been revised w.e.f 03-Oct-22.

Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:

*Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows:

BANKNIFTY=25; NIFTY=50; FINNIFTY=40; MIDCPNIFTY=75

Refer: NSE Circular

The company is the 4^th largest and one of the fastest-growing consumer durables and electronics retailers in India. It is a multi-brand consumer durable and electronics retailer dealing in home entertainment, mobiles, laptop, home appliances, camera, kitchen appliances, and personal care.

Check Electronics Mart India IPO

The below table has important dates with respect to the IPO allotment and listing.

How to Check Allotment Status

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.

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 28-Sep-22:

Important points for stocks under T+1 settlement in Cash segment:

Refer: NSE Circular | BSE Circular | Overview of T+1 settlement

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, Ram Ratna Wires Ltd. (Scrip Code: 522281) is issuing 1 bonus share for every 1 existing share. The key dates for the Bonus Issue are as follows:

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 shareholder.

As per the recent BSE circular, Pondy Oxides & Chemicals Ltd. (Scrip Code: 532626) is issuing 1 bonus share for every 1 existing share. The key dates for the Bonus Issue are as follows:

Refer: BSE circular

As per a recent circular, the name and symbol of Devki Leasing & Finance Ltd. (Scrip code: 530765) will be changed as follows w.e.f 27-Sep-22.

Refer: BSE Circular