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 Variman Global Enterprises Ltd.  (Scrip Code: 540570) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Refer: BSE 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 High Energy Batteries (India) Ltd. (Scrip Code: 504176) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: BSE circular

Due to the closure of the physical market at the basis center, Deesa on 18-Aug-2022, please find the revised timelines and margin for the Castor Seed Contracts for August 2022. 

1. The contract will now expire on 17-Aug-22 as against 18-Aug-22
2. The last trading day will be 17-Aug-22 and delivery intentions will be accepted till 9 pm on the same day
3. The staggered delivery period shall commence from 10-Aug-22
4. The pre-expiry margin of 1.50% per trading day incrementally shall be levied from the beginning of 05-Aug-22

For more details, refer to NCDEX Circular 1 | NCDEX Circular 2

As per a recent circular, the name and symbol of Minda Industries Ltd. (Scrip code: 532539) will be changed as follows w.e.f 05-Aug-22.

Refer: BSE Circular

As per a recent circular, the name and symbol of Bhartia Bachat Ltd. (Scrip code: 543208) will be changed as follows w.e.f 04-Aug-22.

Refer: BSE Circular

As per a recent NSE Circular, the Quantity Freeze Limit for NIFTY and FINNIFTY have been revised w.e.f 01-Aug-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

As per a recent circular, the name and symbol of Paramone Concepts Ltd. (Scrip code: 531364) will be changed as follows w.e.f 02-Aug-22.

Refer: BSE Circular

As per a recent circular, the name and symbol of APM Finvest Ltd. (Scrip code: 542774) will be changed as follows w.e.f 02-Aug-22.

Refer: BSE Circular

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 29-Jul-22:

• 113 more securities (total of 274) of NSE will be added into T+1 settlement
• 451 more securities  (total of 2255) of BSE will be added into T+1 settlement

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

1. The stocks traded will be settled on T+1 day. 
2. The MTF (Margin Trading Facility) Pledge Request must be authorized by 9:00 PM on T day for MTF funding.
3. Auction settlement (if any) will happen on T+2 day.

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

As per a recent circular, the name and symbol of Nava Bharat Ventures Ltd. (Scrip code: 513023) will be changed as follows w.e.f 29-Jul-22.

Refer: NSE Circular