[01-Aug-22] NIFTY & FINNIFTY Quantity Freeze Limit Revised
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:
No. | Indices | Quantity Freeze Limit(Maximum units you can buy or sell per order) | Maximum lots per Order(Quantity Freeze Limit/Lot Size*) |
1. | BANKNIFTY | 1200 | 48 |
2. | NIFTY | 2800 | 56 |
3. | FINNIFTY | 1800 | 45 |
4. | MIDCPNIFTY | 5500 | 73 |
*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
W.e.f 02-Aug: New Identity for Paramone Concepts Ltd.
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.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
PARAMONE | EKANSH | Paramone Concepts Ltd. | Ekansh Concepts Ltd. |
Refer: BSE Circular
W.e.f 02-Aug: New Identity for APM Finvest Ltd.
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.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
APMFINVEST | MUFIN | APM Finvest Ltd. | Mufin Green Finance Ltd. |
Refer: BSE Circular
T+1 Settlement: July 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.
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:
- 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
W.e.f 29-Jul: New Identity for Nava Bharat Ventures Ltd.
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.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
NBVENTURES | NAVA | Nava Bharat Ventures Ltd. | Nava Ltd. |
Refer: NSE Circular
Buybacks, Takeovers and Delisting - July 2022
Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of these:
- Write to us at support@angelbroking.com or
- Call us on 18001020
Scrip Name | BSE/NSE Circular | Sub Type | Start Date | End Date | Floor Price |
MATRIMONY | BSE Circular | Buyback | 26-07-22 | 08-08-222 | Rs. 1150 |
VERITAS | BSE Circular | Takeover | 21-07-22 | 03-08-22 | Rs. 126 |
DELTA | BSE Circular | Takeover | 19-07-22 | 01-08-22 | Rs. 9.20 |
MOONGIPASEC | BSE Circular | Takeover | 11-07-22 | 22-07-22 | Rs. 58 |
SICAGEN | BSE Circular | Takeover | 14-07-22 | 27-07-22 | Rs. 32 |
SYSCHEM | BSE Circular | Takeover | 12-07-22 | 25-07-22 | Rs. 15.50 |
AVONMORE | BSE Circular | Buyback | 04-07-22 | 15-07-22 | Rs. 95 |
Adjustment of F&O contracts and Stock sub-division of TATASTEEL
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 the recent NSE circular, 1 equity share of Tata Steel Ltd. (Scrip Code: 500470) of Face Value of Rs. 10 will be sub-divided into 10 equity shares of Face value of Re. 1 each. The key dates for the Split are as follows:
Company Name | Record date | Ex-Split basis from Date |
Tata Steel Ltd. | 29-Jul-22 | 28-Jul-22 |
In pursuant to the split of equity shares, the market lot size for F&O contracts of Tata Steel Ltd. will be revised w.e.f. 28-Jul-22 as follows:
Scrip Name | Current Market Lot size for F&O contracts | Revised Market lot size for F&O contracts |
Tata Steel Ltd. | 425 | 4250 |
Refer: NSE circular | BSE circular
JAINSTUDIO to stop trading
As per a recent circular, the following security will be suspended from trading w.e.f. July 27, 2022.
Name of the Company | Symbol | Reason for Suspension |
Jain Studios Ltd. | JAINSTUDIO | Non-compliance with SEBI |
Refer: BSE Circular | NSE Circular
W.e.f 27-Jul: New Identity for Parsharti Investment Ltd.
As per a recent BSE circular, the name and symbol of Parsharti Investment Ltd. (Scrip code: 511702) will be changed as follows w.e.f 27-Jul-2022.
Existing Symbol | New Symbol | Existing Name the of Company | New Name of the Company |
PARSHINV | YOGI | Parsharti Investment Ltd. | Yogi Ltd. |
Refer: BSE Circular
Offer For Sale (OFS) - July 2022
Offer for Sale of below companies are open in BSE/NSE. To Place your OFS Request:
- Contact your sub-broker.
- In case you don't have a sub-broker, call us on 18001020.