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.
Stay Away from Unsolicited Tips
Unsolicited tips refer to fake recommendations about scrips or investment schemes circulated by unauthorized entities via Whatsapp, Telegram, SMS, Youtube, Facebook, Calls, etc with an intent to trick investors to trade in them.
If you receive such unsolicited tips, please do not act on the recommendation, else you may end up incurring huge financial losses.
Always Remember –
- Do thorough research before investing in a particular stock or any investment scheme
- Only Trade with SEBI registered intermediaries
- Do not believe in schemes promising assured/huge returns
- Do not fall for marketing gimmicks while deciding to invest your money
You can report any unsolicited Tip/Recommendation on the below numbers:
- BSE: Mob No.:7506840578 | Email: attentioninvestors@bseindia.com
- NSE: Mob No.: 8291833676 |Email: feedbk_invg@nse.co.in
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.
Dos and don’ts of futures and options trading
Futures and options are types of derivatives contracts that allow you to trade without taking possession of the underlying assets. Whether you are trading in derivatives for the first time or you are an expert, you must know that trading in derivatives is different from the other instruments. Therefore, you must clearly understand how derivatives work before you start trading in them.
Here are a few simple Dos and Don'ts to help you avoid some of the challenges of trading in this investment option.
Do’s | Don’ts |
Always consider the possible impact of market fluctuations since they could have a high influence on the profitability when taking your position | Do not trade in options strategies without understanding the product and its risks and the strategy which you are using |
Do proper research before trading in derivatives (leveraged products) | Avoid Writing / Selling options based on unsolicited investment tips (via sources such as WhatsApp, Telegram, Facebook, YouTube, Instagram, etc.) as this could lead to unlimited financial losses |
Keep a watch on your margin requirements | Don’t miss out on your contract expiry date to avoid auto-settlement |
Deal only with SEBI registered brokers to avoid trading based on unsolicited tips | Don't blindly follow the research from any person/institute, due your due diligence before making decisions |
For more on Futures & Options:
Your Passwords & OTPs are only for You!
Never share your Account credentials, Passwords or OTPs with others
Your Angel One account contains sensitive information such as your PAN number, mobile number, date of birth, email ID, address, bank details, etc.
Unauthorized access to this information can have terrifying consequences such as financial loss, or identity theft. Hence, it is critical that only you have access to your account.
Simple tips to keep your account safe:
- Never Share your Account Credentials (Login/User ID) or Password or OTP with others.
- Treat these details as highly confidential and never keep them out in the open where someone can view or access them.
- Avoid links sent through SMS from unknown numbers. These could be attempts to take over your device and access private information.
- Don’t access your account from public devices or via public Wifi. Use only your personal device to do so.
Treat your investment account with due respect and do your best to keep it safe. After all, these are your hard-earned savings!
Adjustment of SME Market Lot and Bonus Issue of RELICAB
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, Relicab Cable Manufacturing Ltd. is issuing 74 bonus shares for every 100 existing shares held. The key dates for the Bonus Issue are as follows:
Company Name | Record date | Ex-Bonus basis from Date |
Relicab Cable Manufacturing Ltd. | 25-Jul-22 | 22-Jul-22 |
In pursuant to the bonus issue of equity shares, the SME market lot size will be revised w.e.f. 22-Jul-22 as follows:
Scrip Name | Current Market Lot | Revised Market lot |
Relicab Cable Manufacturing Ltd. | 3000 | 5220 |
Refer: BSE circular
Bonus issue of HARDWYN
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 circular, Hardwyn India Ltd. (Scrip Code: 541276) is issuing 1 bonus share for every 2 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Hardwyn India Ltd. | HARDWYN | 26-Jul | 25-Jul |
Refer: BSE circular