Alert: F&O contracts on 2 securities to stop from 01-Jul-22
Do you know that the stocks have to fulfill specific eligibility criteria to trade under F&O?
SEBI has laid down specific eligibility criteria for the selection of stocks to trade in the F&O segment (Read here to know the criteria for the inclusion of stocks in the F&O segment)
Once security is included to trade in the F&O segment, it has to continue to meet the eligibility criteria to remain in the F&O segment. If any existing security under F&O fails to meet the eligibility criteria consecutively for 3 months, then a new month contract will not be issued on that security.
As per a recent BSE circular, the F&O contracts for new expiry months from 01-Jul-22 will not be issued on the expiry of existing contract months for the following 2 securities:
Security Name | Symbol | Scrip Code |
ALEMBIC PHARMACEUTICALS LTD | APLLTD | 533573 |
STRIDES PHARMA SCIENCE LTD | STAR | 532531 |
For more information, refer to
Bonus issue of IOC
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, Indian Oil Corporation Ltd. (Scrip Code: 530695) 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 |
Indian Oil Corporation Ltd | IOC | 01-Jul | 30-Jun |
Refer: BSE circular
Stock split of DUGLOBAL
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.
The face value and paid-up value of the equity shares of Dudigital Global Ltd. shall be changed w.e.f. June 30, 2022.
Name of Company | Symbol | Stock Split ratio | Existing Face value & Paid-up value | Revised Face value & Paid-up value |
Dudigital Global Ltd. | DUGLOBAL | 1:5 | Rs 10 | Rs 2 |
Refer: NSE Circular
Stock split of PAISALO
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.
The face value and paid-up value of the equity shares of Paisalo Digital Ltd. shall be changed w.e.f. June 30, 2022.
Name of Company | Symbol | Stock Split ratio | Existing Face value & Paid-up value | Revised Face value & Paid-up value |
Paisalo Digital Ltd. | PAISALO | 1:10 | Rs. 10 | Re 1 |
Refer: NSE Circular
Buybacks, Takeovers and Delisting - June 2022
Here's the list of the latest Buybacks, Takeovers and De-listing. 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 |
SHREYASI | BSE Circular | Takeover | 28-06-22 | 11-07-22 | Rs. 10 |
WSIND | BSE Circular | Takeover | 28-06-22 | 11-07-22 | Rs. 12.50 |
MOTILALOFS | NSE Circular | Buyback | 24-06-22 | 07-07-22 | Rs. 1100 |
ZYDUSLIFE | NSE Circular | Buyback | 23-06-22 | 06-07-22 | Rs. 650 |
Reliance Jute Mills (International) Limited | BSE Circular | Takeover | 22-06-22 | 05-07-22 | Rs. 7.50 |
ASAHISONG | BSE Circular | Buyback | 22-06-22 | 05-07-22 | Rs. 400 |
GFIL | BSE Circular | Takeover | 30-06-22 | 13-07-22 | Rs. 12.70 |
HEXATRADEX | NSE Circular | Delisting | 21-06-22 | 27-06-22 | Rs. 153.16 |
MERCTRD | BSE Circular | Takeover | 23-06-22 | 06-07-22 | Rs. 19 |
AKASHDEEP | BSE Circular | Takeover | 22-06-22 | 05-07-22 | Rs. 52.50 |
JRELTD | BSE Circular | Takeover | 17-06-22 | 30-06-22 | Rs. 8.15 |
EUREKAFORBE | BSE Circular | Takeover | 14-06-22 | 27-06-22 | Rs. 210.15 |
IPOWER | BSE Circular | Takeover | 10-06-22 | 23-06-22 | Rs. 10.10 |
JSGLEASING | BSE Circular | Takeover | 08-06-22 | 21-06-22 | Rs. 22 |
GISOLUTION | BSE Circular | Takeover | 07-06-22 | 20-06-22 | Rs. 5.15 |
AMRAFIN | BSE Circular | Takeover | 07-06-22 | 20-06-22 | Rs. 22.20 |
MUDUNURU | BSE Circular | Takeover | 07-06-22 | 20-06-22 | Rs. 2 |
INFRONICS | BSE Circular | Takeover | 07-06-22 | 20-06-22 | Rs. 5 |
SUPRBPA | BSE Circular | Takeover | 07-06-22 | 20-06-22 | Rs. 31.80 |
RISHYRN | BSE Circular | Takeover | 06-06-22 | 17-06-22 | Rs. 5.85 |
MIRCH | BSE Circular | Takeover | 06-06-22 | 17-06-22 | Rs. 10 |
AKC Steel Ind Ltd. | BSE Circular | Buyback | 02-06-22 | 15-06-22 | Rs. 30 |
ZLEENCON | BSE Circular | Takeover | 07-06-22 | 20-06-22 | Rs. 10 |
MACINTR | BSE Circular | Takeover | 06-06-22 | 17-06-22 | Rs. 10 |
SINCLAIR | BSE Circular | Buyback | 03-06-22 | 16-06-22 | Rs. 143 |
EVEREADY | BSE Circular | Takeover | 03-06-22 | 16-06-22 | Rs. 320 |
ESCORTSFIN | BSE Circular | Takeover | 06-06-22 | 17-06-22 | Rs. 5.08 |
VISCO | BSE Circular | Takeover | 06-06-22 | 17-06-22 | Rs. 37.50 |
INDIAMART | NSE Circular | Buyback | 02-06-22 | 15-06-22 | Rs. 6250 |
SARDAEN | NSE Circular | Buyback | 02-06-22 | 15-06-22 | Rs. 1500 |
CHITRTX | BSE Circular | Takeover | 03-06-22 | 16-06-22 | Rs. 15 |
Update: Adjustment of F&O contracts expiry
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.
Existing expiry date of IOCL | Revised expiry date of IOCL |
30-Jun 22 | 29-Jun-22 |
Refer: NSE Circular | BSE Circular
W.e.f 29-Jun: New Identity for ESCORTS
As per a recent circular, the name and symbol of ESCORTS will be changed as follows w.e.f 29-Jun-22.
Existing Symbol (Scrip Code) | New Symbol | Existing Name the of Company | New Name of the Company |
ESCORTS (500495) | ESCORTS | Escorts Ltd. | Escorts Kubota Ltd. |
Refer: BSE Circular
Sub-division of equity shares of Salasar Techno Engineering Ltd.
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:
Company Name | Symbol | Sub-division ratio | Record date | Ex-split date |
Salasar Techno Engineering Ltd. | SALASAR | 1:10 | 28-Jun | 27-Jun |
Refer: BSE circular
INDOSOLAR to stop trading
As per a recent circular of NSE, the following security will be suspended from trading w.e.f. June 27, 2022.
Name of Company | Symbol | Reason for Suspension |
Indosolar Ltd. | INDOSOLAR | Capital Reduction pursuant to NCLT order |
Refer: NSE Circular
Bonus issue of NAZARA
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:
Company name | Symbol | Record date | Ex-bonus basis from date |
Nazara Technologies Ltd | NAZARA | 27-Jun | 24-Jun |
Refer: BSE circular