Announcements

BNK Capital Markets Ltd. was set up in the year 1986 and started as a leasing and finance company and later got into Merchant Banking, Financial and Investment Advisory Services. Today BNK Capital is an NBFC and engaged in investment banking distribution services, corporate finance, and advisory services. Recently, BNK Capital Markets Ltd. has changed its name to Quest Capital Markets Ltd.

The change of name is reflected in the stock market as well with the change in name and symbol for trading on the exchanges. As per a recent circular of BSE, the name and symbol of BNK Capital Markets Limited will be changed as follows w.e.f 30-Mar-22.

Please take note of the change. Happy Trading!

Circulars: BSE

Hariom is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. The company manufactures MS Pipes and Scaffoldings of more than 150 different specifications, and mainly sells MS Pipes through more than 200 distributors and dealers.

How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

How to Check Allotment Status

In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

Veranda is engaged in the business of offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants, and graduates, professionals and corporate employees enrolled with their courses through multitude of career-defining competitive exams, professional courses, exam-oriented courses, short term up-skilling and re-skilling courses.

How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

How to Check Allotment Status

In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

UMA Exports markets, trades and distributes agricultural products including rice, wheat, sugar, spices, dry red chillies, coriander, cumin seeds, food grains, pulses, etc.  The company not just supplies agricultural products domestically but also supplies it in the international markets as it has expanded its business to Malaysia, Sri Lanka, and Bangladesh.

How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

How to Check Allotment Status

In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

Ruchi Soya Industries Limited (Ruchi Soya) has evolved as an integrated player in the edible oil business with a presence across the entire value chain, from farm to fork with secured access to palm oil plantations in India. Today, Ruchi Soya owns 22 manufacturing units that cumulatively translate to a refining capacity of over 11000 tonnes per day.

How to apply via Web Platform

The below table has important dates with respect to the FPO allotment and listing.

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of FPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

Incorporated in 1995, Brand Realty Services Limited offers real estate services to clients in India. The company brings together the sellers and buyers of real estate. Recently, the company has changed its name to Tradewell Holdings Limited.

The change of name is reflected in the stock market as well with the change in name and symbol for trading on the exchanges. As per a recent circular of BSE, the name and symbol of Brand Realty Services Limited will be changed as follows w.e.f 25-Mar-22.

Please take note of the change. Happy Trading!

Circulars: BSE

Companies get delisted from stock exchanges for many reasons. When delisting happens, you can no longer trade the securities of the de-listed company on stock exchanges ( BSE and NSE).

As per a recent exchange filing, Sintex Industries has unanimously voted in favour of the resolution plan by Reliance Industries and ACRE. As per Resolution Plan, the existing share capital of the company will be reduced to Zero and the Company will be delisted from the stock exchanges i.e. BSE and NSE.

For the above-mentioned reason and to avoid market complications, BSE and NSE notified that the SINTEX securities will be suspended from trading w.e.f. 22-Mar-2022.

Refer Circular: NSE|BSE

Incorporated in 2007, DU Digital Technologies Limited provides visa processing services. The company specializes in administrative and non-judgmental tasks cognate to visa, passport, identity management, and other citizen services serving clients worldwide. Recently, DU Digital Technologies has changed its name to DU Digital Global Limited.

The change of name is reflected in the stock market as well with the change in name and symbol for trading on the exchanges. As per the recent circulars of NSE and BSE, the name and symbol of  Du Digital Technologies Limited will be changed as follows w.e.f 17-Mar-22.

Please take note of the change. Happy Trading!

Circulars: NSE

Here is all you need to know about the Tata Consultancy Services (TCS) buyback scheduled to begin on 9-Mar:

What is the Offer Period?

The offer will open on 9-Mar and close on 23-Mar

What is the Buyback Price?

Buyback Price = Rs 4,500 per share

Who is eligible?

All investors who held TCS shares as on 23-Feb-22 (Record Date), can participate in this offer. Details of categories are as under:

How to Apply for the Offer?

•  If you have submitted your POA to Angel One, you will be sent a detailed Email from Angel One with a personalized link to complete your Bid before 23-Mar, 1:00 pm

• If you have NOT SUBMITTED your POA to Angel One, you will need to follow the below steps:

Step 1 - Login to your Angel One Account 

Step 2 - Select ‘Online DIS’

Step 3 – Now Select ‘Add a Beneficiary’ & enter ‘CM BP ID’ (Refer to your Email for details)

Step 4 – Generate OTP -> once received ‘Enter OTP’ -> Click ‘Submit’

Step 5 – Select ‘On Market’  

Step 6 – Select ‘NSDL’ as DP

Step 7 – Enter Details (Refer to your Email) à Click ‘Submit’

• If you have TCS shares in non-Angel One Demat Account:

Transfer your shares via Online/Offline DIS to Angel One CM BP Account (For BSE: IN606125 | For NSE: IN556929). Our Team will take care of the rest.

Can I apply for the buyback offer if I have pledged TCS shares?

To participate in the buyback offer, you need to unpledge your TCS shares by clearing related debit in your account, if any.

Can I sell my shares after bidding for the TCS buyback?

Once your Bid has been successful, your submitted shares will be blocked. Hence you won’t be able to sell the shares that have been submitted for buyback until 31-Mar-22 (Settlement Date).

Refer Circular Here

Do you know that the stocks have to fulfill certain eligibility criteria to trade under F&O?

SEBI has laid down certain 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 a 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 fresh month contract will not be issued on that security.

PFIZER has recently been excluded from the F&O segment for not meeting the eligibility criteria.

As per a recent NSE circular, the  PFIZER  contracts for new expiry months will not be issued on the expiry of existing contract months: 

However, the existing unexpired contracts of expiry months Mar-22 and Apr-22 will be available for trading till their respective expiry and new strikes can also be introduced in the existing contract months.

Accordingly, no contracts will be available for trading with effect from 29-Apr-22.

Please take appropriate action as needed.

For more information, refer

NSE Circular| Criteria for F&O inclusion