Announcements

The expiry date of F&O contracts of Indian Oil Corporation Ltd. (IOCL) has been revised from 30-Jun-22 to 29-Jun-22 due to a bonus issue. 

The final settlement of near month expiry (June 2022) contracts of IOCL is falling after the bonus issue date and hence the outstanding position in the near month expiry contracts shall expire one day prior to the ex-date of June 30, 2022 to June 29, 2022. In view of the same, the maturity date of the June 2022 expiry contract shall be June 29, 2022.

Please square off OR rollover any existing open positions by 29-Jun-22 to avoid physical settlement and/or margin shortfall penalty.

Refer: NSE Circular | BSE Circular

As per a recent circular, the name and symbol of ESCORTS will be changed as follows w.e.f 29-Jun-22.

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 BSE circular, 1 equity share of Salasar Techno Engineering Ltd. (Scrip Code: 540642) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Refer: BSE circular

As per a recent circular of NSE, the following security will be suspended from trading w.e.f. June 27, 2022.

Refer: NSE 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, Nazara Technologies Ltd. (Scrip Code: 543280) is issuing 1 bonus share for every 1 existing share. The key dates for the Bonus Issue are as follows:

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 24-Jun- 22, 

• 74 more securities (total of 161) of NSE will be added to the T+1 settlement
• 452 more securities (total of 1804) of BSE will be added to the T+1 settlement

Important points for stocks under T+1 settlement in the 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.

To know more about the T+1 settlement cycle, refer

Joint Press Release| BSE Circular | Overview of T+1settlement

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 BSE circular, 1 equity share of Navkar Urbanstructure Ltd. ( Scrip Code: 531494) will be sub-divided into 5 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, Ajanta Pharma.Ltd. (Scrip Code: 532331) is issuing 1 bonus share for every 2 existing shares. The important dates for the Bonus Issue 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 BSE circular, 1 equity share of Ashnisha Industries Ltd. ( Scrip Code: 541702) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Ashnisha Industries Ltd. comes under T+1 settlement.

Refer: BSE circular

The company is a leader in building products and one of the fastest growing players in the Indian consumer appliances segment. The company is focused on servicing consumers and is involved in manufacturing, branding, marketing, sales & distribution, and service of various product categories.

As per a recent circular, the name and symbol of SHIL will be changed as follows w.e.f 21-Jun-22.

Refer: BSE Circular