Announcements

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

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

Incorporated in 2000, Shriram EPC Limited provides end-to-end solutions to engineering challenges offering multi-disciplinary design, engineering, procurement, construction and project management services. SEPC is focused on providing turnkey solutions in the following business segments:

• Process and Metallurgy
• Power
• Water Infrastructure
• Mining and Mineral Processing

Shriram EPC Limited has now become SEPC 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 the company will be changed as follows w.e.f 09-Mar-22.

Please take note of the change. Happy Trading!

Circulars: NSE|BSE

The Zydus group announced its new brand identity with the name of the listed entity of the group Cadila Healthcare Ltd. changed to Zydus Lifesciences Ltd. As part of the new brand identity, Zydus also launched a new brand logo featuring two hearts in purple and teal colours symbolizing its commitment to science and innovation along with care and nurturance.

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  Cadila Healthcare Limited will be changed as follows w.e.f 07-Mar-22.

Please take note of the change. Happy Trading!

Circulars: NSE|BSE

As per a recent NSE Circular, Quantity Freeze Limit for NIFTY and FINNIFTY have been revised w.e.f 02-Mar-22.

Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:

Incorporated in 2007 as  “Five Star Mercantile Private Limited”, Integra Garments and Textiles Limited went public in 2012 to become Five Star Mercantile Limited. Subsequently, in 2012 its name was changed to Integra Garments and Textiles Limited. Now in 2022, the name of the company is changed to Integra Essentia 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  Integra Garments and Textiles Limited will be changed as follows w.e.f 02-Mar-22.

Please take note of the change. Happy Trading!

Circulars: NSE|BSE

The sovereign gold bond scheme is a Government of India undertaking that allows you to purchase gold on paper. This is an easy alternative for investors who want to invest in gold but don't want the hassle associated with purchasing gold in physical form.

Here are Top 5 Super Benefits that SGBs provide:

• No storage risk or cost
• No default risk
• No GST or STT
• Tradable on exchanges
• Can be used as Loan Collateral

Read more about SGBs >>>

Apply Now

Get ready for T+1 Settlement!

How does this change impact your investments? Why should you care about Settlement cycles? Keep reading to know more… 

Settlement cycle refers to the timeline by which stock exchanges have to settle security transactions. Shorter settlement cycles are Good News for investors since it narrows the time window for any negative event (e.g: counterparty insolvency, bankruptcy, etc) to impact a trade settlement. 

Currently, the settlement cycle is T+2 days. In keeping with recent SEBI guidelines, NSE & BSE have decided to introduce the T+1 settlement cycle in phases in the Cash segment.

• W.e.f 25-Feb-2022 83 securities from the bottom 100 stocks based on market capitalization have been shortlisted for T+1 Settlement. 
• From Mar-2022 onwards, on the last Friday/Trade day of every month, the next bottom 500 stocks from the given list will be included in the T+1 settlement cycle.

Important points for stocks under T+1 settlement in Cash segment:

1. The stocks traded will be settled on T+1 day. 
2. The MTF (Margin Trading Facility) Pledge Request needs to 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+1 settlement

It’s that time of the year again, when Daylight Savings timings are recalibrated. Due to the change in US Daylight Savings timings, MCX trade timings will also be revised. The revised trading hours will come into effect from 14-Mar-22.

All intraday positions will continue to be squared-off 15 minutes prior to close of trading hours.

For more details, refer to MCX Circular