Sub-division of equity shares of Dhatre Udyog 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 Dhatre Udyog Ltd. (Scrip Code: 540080) 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 |
Dhatre Udyog Ltd. | DHATRE | 1:10 | 29-Mar | 28-Mar |
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 the recent BSE circular, 1 equity share of Persistent Systems Ltd. (Scrip Code: 533179) will be divided into 2 equity shares. The key dates for the split are as follows:
Company Name | Record date | Ex-Split basis from Date |
Persistent Systems Ltd. | 01-Apr | 28-Mar |
Pursuant to the split of equity shares, the market lot size for F&O contracts will be revised as follows:
Scrip Name | Current Market Lot size for F&O contracts | Revised Market lot size for F&O contracts |
Persistent Systems Ltd. | 100 | 200 |
Refer: BSE circular | NSE Circular
Settlement & Trading holidays for 29-Mar, 01-Apr & 09-Apr
29-Mar is a trading holiday on account of Good Friday. Also, 01-Apr and 09-Apr will be Settlement holidays on account of Annual Bank Closing and Gudi Padwa respectively.
Holiday | Date | Type |
Good Friday | 29-Mar-2024 | Trading holiday |
Annual Bank Closing | 01-Apr-2024 | Settlement holiday |
Gudi Padwa | 09-Apr-2024 | Settlement holiday |
What this means for you:
You can place your Trades as usual. However, the settlement of funds/securities will be processed as detailed in the table below:
Segment | Trade placed on | Date of Settlement |
Equity/Derivatives (F&O) | 28-Mar | 02-Apr |
Equity/Derivatives (F&O) | 01-Apr | 02-Apr |
Equity/Derivatives (F&O) | 08-Apr | 10-Apr |
Equity/Derivatives (F&O) | 09-Apr | 10-Apr |
Note: Stock purchased on 28-Mar-2024 will not be allowed to be sold on 01-Apr-2024 and stock purchased on 08-Apr-2024 will not be allowed to be sold on 09-Apr-2024.
Just so you know: Settlement holidays refer to days when markets are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on the next settlement cycle, as per the respective segments.
Refer: NSE Circular 1 | NSE Circular 2
Sub-division of equity shares of Lorenzini Apparels 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 NSE circular, 1 equity share of Lorenzini Apparels Limited (Scrip Code: 540952) 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 |
Lorenzini Apparels Limited | LAL | 1:10 | 28-Mar | 28-Mar |
Refer: NSE Circular
W.e.f 27-Mar: New Identity for Pooja Entertainment & Films Ltd.
As per a recent circular, the name and symbol of Pooja Entertainment & Films Ltd. (Scrip code: 532011) will be changed as follows w.e.f 27-Mar-24.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
POOJAENT | POOJAENT | Pooja Entertainment & Films Ltd. | Vashu Bhagnani Industries Limited |
Refer: BSE Circular
W.e.f 28-Mar: New Identity for Saboo Brothers Ltd.
As per a recent circular, the name and symbol of Saboo Brothers Ltd. (Scrip code: 530267) will be changed as follows w.e.f 28-Mar-24.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
SABOOBR | ARIGATO | Saboo Brothers Ltd. | Arigato Universe Ltd. |
Refer: BSE Circular
Sub-division of equity shares of United Van Der Hor 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 United Van Der Hor Ltd. (Scrip Code: 522091) will be sub-divided into 2 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
United Van Der Hor Ltd. | UVDRHOR | 1:2 | 26-Mar | 26-Mar |
Refer: BSE Circular
W.e.f 22-Mar: New Identity for Ashok Alco-Chem Ltd.
Per a recent circular, the name and symbol of Ashok Alco-Chem Ltd. (Scrip code: 524594) will be changed as follows w.e.f 22-Mar-24.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
ASHOKALC | AEONXDIGI | Ashok Alco-Chem Ltd. | Aeonx Digital Technology Ltd. |
Refer: BSE Circular
W.e.f 22-Mar: New Identity for Himachal Fibres Ltd.
As per a recent circular, the name and symbol of Himachal Fibres Ltd. (Scrip code: 514010) will be changed as follows w.e.f 22-Mar-24.
Existing Symbol | New Symbol | Existing Name of the Company | New Name of the Company |
HIMFIBP | RUDRAECO | Himachal Fibres Ltd. | Rudra Ecovation Ltd. |
Refer: BSE Circular
Sub-division of equity shares of Refex Industries 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 Refex Industries Ltd. (Scrip Code: 532884) will be sub-divided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Refex Industries Ltd. | REFEX | 1:5 | 22-Mar | 22-Mar |
Refer: BSE Circular | NSE Circular