Buybacks, Takeovers and Delisting - March 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:
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Scrip Name | Sub Type | Start Date | End Date | Floor Price |
UPHOT | Delisting | 21-03-2022 | 25-03-2022 | Rs. 154 |
ISMTLTD | Takeover | 21-03-2022 | 01-04-2022 | Rs. 31.84 |
JINDALPHOT | Delisting | 17-03-2022 | 24-03-2022 | Rs. 268.04 |
TCS | Buyback | 09-03-22 | 23-03-22 | Rs. 4500 |
KACHCHH | Takeover | 25-02-22 | 11-03-22 | Rs. 8 |
KRISHNA | Takeover | 25-02-22 | 11-03-22 | Rs. 11.5 |
JAMESWARREN | Buyback | 23-02-22 | 09-03-22 | Rs. 295 |
CONSOFINVT | Delisting | 04-03-22 | 10-03-22 | Rs. 152.64 |
Revealed: New Identity of SHRIRAMEPC
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!
Revealed: New Identity of CADILAHC
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!
[02-Mar-22] NIFTY & FINNIFTY Quantity Freeze Limit Revised
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:
Revealed: New Identity of INTEGRA
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!
Now open SGB 2021-22 Series X
Security Symbol | Issue Period | Date of Allotment | Issue Price per gram |
---|---|---|---|
SGB212210 | 28-Feb-22 to 04-Mar-22 | 08-Mar-22 | - Offline Bid: Rs. 5,109 - Online Bid: Rs. 5,059 (if you apply online and pay via digital mode) |
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
Settlement Cycle to get shorter from 25-Feb
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:
- The stocks traded will be settled on T+1 day.
- The MTF (Margin Trading Facility) Pledge Request needs to be authorized by 9:00 PM on T day for MTF funding.
- 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
MCX Trade Timings Revised from 14-Mar
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.
Particulars | Trade Start Time | Trade End Time |
Internationally Referenceable Non-Agri Commodities | 9:00 AM | 11:30 PM |
Internationally Referenceable Agri Commodities (Cotton, Crude Palm Oil (CPO) & Kapas) | 9:00 AM | 9:00 PM |
All Other Commodities | 9:00 AM | 5:00 PM |
All intraday positions will continue to be squared-off 15 minutes prior to close of trading hours.
Revealed: New Identity of BURGERKING
Did you know?
Your ‘Home of the Whopper’ in India has changed its name.
Yes, Burger King India Ltd. is now Restaurant Brands Asia Ltd. The change of the name was approved by the company board in Dec-21. The move came in as a part of expanding the footprints of the food chain along with the approval for fundraising of Rs 1500 crore through the issuance of securities.
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 Burger King India Ltd. will be changed as follows w.e.f 17-Feb-22
Please take note of the change. Happy Trading!