Announcements

The company offers its shareholders the right to purchase its shares at a discount on a predetermined date known as the record date in a rights entitlement. 

Shareholders are granted Rights Entitlements (RE) by temporarily crediting their Demat accounts with RE, giving them the right to participate in a Rights Issue. Please note that these are Rights Entitlement and not Rights shares. To get the shares, you should apply at their respective Registrar & Transfer Agent (RTA) and convert RE into shares. You should keep in mind that RE is temporary, and until you apply and pay the requisite amount, rights shares won’t be credited to your Demat account.

Here’s the listing for April 2024:

Please note: The value of RE will be zero after the Rights Issue closure date.

RE Trading Period: The Exchange will publish a circular 2 days prior to the issue open date.

How to apply for Rights Issue: The Rights Issue offer is updated with ASBA (Application Supported Blocked Amount). 

Here's a list of existing SCSBs.

For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs.

As per a recent circular, the name and symbol of  Justride Enterprises Ltd. (Scrip code: 531035) will be changed as follows w.e.f 12-Apr-24.

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 Sprayking Ltd. (Scrip Code: 540079) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: BSE Circular

As per a recent circular, the name and symbol of D B Realty Ltd. (Scrip code: 533160) will be changed as follows w.e.f 10-Apr-24.

Refer: NSE Circular | 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, Grauer & Weil (India) Ltd. (Scrip Code: 505710) is issuing 1 bonus share for every 1 existing share. The key dates for the bonus Issue 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, PROMAX POWER LIMITED (Scrip Code: 543375) is issuing 1 bonus share for every 1 existing share. The key dates for the bonus Issue are as follows:

Trading Members are requested to note the Change in the Market Lot of PROMAX POWER LIMITED (543375) pursuant to the Bonus Issue of Equity Shares as given below, which will be effective from Monday, April 08, 2024: 

Refer: BSE Circular

As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01- Apr-24.

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

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 Bodhi Tree Multimedia Ltd. (Scrip Code: 543767) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

Refer: BSE Circular | NSE Circular

As per a recent NSE Circular, the Revision in Market Lot of Derivative Contracts on Indices has been revised w.e.f 26-Apr-24.

The market lots of contracts on the following Indices shall be revised as follows:

However, please note that the market lots of derivative’s contracts on the following index is unchanged:

Note: For the purpose of the computation of contract value, the average closing price of the underlying index has been taken for one-month period of March 2024. 

Refer: NSE Circular

This is with reference to NSE & BSE Circulars with reference number NSE/CD/61402 dated 01-Apr-2024, and Notice No.20240401-9 dated 01-Apr-2024 pertaining to “Risk Management and Inter-Bank Dealings – Hedging of foreign exchange risk”.

Based on the above circulars, following changes will take place in the Currency Segment:

Please take note of this and trade accordingly.

Refer: RBI Circular