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
Preponement of F&O Open Positions physical delivery margins schedule because of Holi (Mar-24)
As per the exchange guidelines, the margin required for all the existing F&O Open Positions will start increasing four days before the expiry date (i.e., the last Thursday of every month) in a staggered manner.
However, due to the trading holiday on 25-Mar-24, i.e., Monday, on the occasion of Holi, the F&O Open Positions margin schedule has been preponed.
Take a look at the revised margin schedule below.
Date | Day | Margin Applicable |
21-Mar-24 | Thursday | 10% of the delivery margin computed |
22-Mar-24 | Friday | 25% of the delivery margin computed |
26-Mar-24 | Tuesday | 45% of the delivery margin computed |
27-Mar-24 | Wednesday | 75% of the delivery margin computed |
28-Mar-24 | Thursday | 100% of the delivery margin computed |
Bonus Issue of Advani Hotels & Resorts Ltd.
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, Advani Hotels & Resorts Ltd. (Scrip Code: 523269) is issuing 1 bonus share for every 1 existing share. The key dates for the bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Advani Hotels & Resorts Ltd. | ADVANIHOTR | 20-Mar | 20-Mar |
Refer: BSE Circular
Sub-division of equity shares of Colab Cloud Platforms 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 Colab Cloud Platforms Ltd. (Scrip Code: 542866) 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 |
Colab Cloud Platforms Ltd. | COLABCLOUD | 1:5 | 19-Mar | 19-Mar |
Refer: BSE Circular
Rights Issue - March 2024
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 March 2024:
Company | Ex-date | Record Date | RI Price (Rs. per share) | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
Dipna Pharmachem Limited | 12-Feb | 12-Feb | Rs. 10 | 26- Feb to 04-Mar | 19- Mar | ASBA | BSE |
South Indian Bank Limited | 27-Feb | 27-Feb | Rs. 22 | 06-Mar to 14-Mar | 20- Mar | ASBA | BSE |
Mercury Trade Links Limited | 01- Mar | 01- Mar | Rs. 40 | 11-Mar to 15-Mar | 21- Mar | ASBA | BSE |
Valencia Nutrition Limited | 07- Mar | 07- Mar | Rs. 26 | 15-Mar to 05-Apr | 12- Apr (Extn.) | ASBA | BSE |
Hindustan Construction Company Limited | 16- Mar | 16- Mar | Rs. 21 | 26-Mar to 02-Apr | 05- Apr | ASBA | BSE |
Arunjyoti Bio Ventures Limited | 07- Mar | 07- Mar | Rs. 20 | 26-Mar to 02-Apr | 08- Apr | ASBA | BSE |
Tierra Agrotech Limited | 18- Mar | 18- Mar | Rs. 50 | 28-Mar to 03-Apr | 10- Apr | ASBA | BSE |
Balkrishna Paper Mills Limited | 15- Mar | 15- Mar | Rs. 21 | 02-Apr to 08-Apr | 15- Apr | ASBA | BSE |
Mishtann Foods Limited** | 20- Mar | 20- Mar | Rs. 15 | 02-Apr to NA | 16- Apr | ASBA | BSE |
Sawaca Business Machines Limited | 07- Mar | 07- Mar | Re. 1 | 02-Apr to 08-Apr | 12-Apr | ASBA | BSE |
Spectrum Foods Limited | 27-Mar | 27-Mar | Rs. 20 | 08-Apr to 17-Apr | 22-Apr | ASBA | BSE |
Markobenz Ventures Limited | 27-Mar | 27-Mar | Rs. 10 | 15-Apr to 18-Apr | 22-Apr | ASBA | BSE |
Jyoti Structures Limited** | 21-Mar | 21-Mar | Rs. 15 | NA | NA | ASBA | BSE/NSE |
TIL Limited | 22-Mar | 22-Mar | Rs. 10 | NA | NA | ASBA | BSE/NSE |
Shiva Cement Limited | 03-Apr | 03-Apr | Rs. 40 | 22-Apr to 30-Apr | 06-May | ASBA | BSE |
Iykot Hitech Toolroom Limited | 03-Apr | 03-Apr | Rs. 7 | 24-Apr to 30-Apr | 08-May | ASBA | BSE |
Note: **Date Revised
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.
Offer for Sale (OFS) - Aditya Birla Sun Life AMC Ltd.
Offer for Sale of below company is open in BSE/NSE. To Place your OFS Request:
Sub-division and bonus issue of equity shares of Tine Agro Ltd.
A 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.
A 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.
Per a recent circular, 1 equity share of Tine Agro Ltd. (Scrip Code: 531205) will be subdivided into 10 equity shares. A bonus of 1 equity share will also be issued for every 1 equity share held.
The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
Tine Agro Ltd. | TINEAGRO | 1:10 | 18-Mar | 18-Mar |
Refer: BSE Circular
Bonus Issue of Rama Steel Tubes Ltd.
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, Rama Steel Tubes Ltd. (Scrip Code: 539309) is issuing 2 bonus shares for every 1 existing share. The key dates for the bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Rama Steel Tubes Ltd. | RAMASTEEL | 19-Mar | 19-Mar |
Refer: BSE Circular
Introducing Biometric Payments for Faster Transactions
In our endeavor to provide faster and secure add funds experience, we have introduced Biometric Payments to add funds in your trading account. Here’s a quick and easy process without the hassle of OTPs, username or password logins.
What is Biometric Payment?
The Biometric Payment method enables users to make quick and convenient payments using biometric authentication methods, such as fingerprints or facial recognition or PayPin. It eliminates traditional authentication methods such as username/customer ID, passwords, PINs or OTPs, etc., providing a seamless and secure alternative way to complete transactions.
How does it work?
- One-Time Registration:
- Bank Login - The user will have to complete a one-time registration to access the Biometric Payment. Provide the selected bank’s login credentials same as the netbanking credentials.
- Setup Code Entry - After the login and confirmation of payment, the user will get an OTP from the vendor (Minkasu) which needs to be entered in the Angel One app.
- Provide Biometrics or Create a PayPin:
- The user will then have to create a PayPin. This can be any number which the user wants to set up for payments. Eg. like a UPI Pin OR
- Register fingerprint or faceID: The user will have to register either his fingerprint or face ID.
Once the registration is done, the next time the user clicks on Biometric Payments, he will directly be routed to enter the PayPIN or fingerprint or faceID. On providing these details, the payment will be completed.
Points to note
To try Biometrics Payment, click here