Announcements

As per the Exchange Circulars, the expiry day of all NSE and BSE index derivatives contracts has been revised, effective 04-Apr-25. 

Please note the revised expiry days for all existing and new contracts, as mentioned below.

The revised contract expiries, which will be available for the below Index Derivatives Contracts on the trading date of 04-Apr-25, are given below: 

The revised contract expiries, which will be available for the stock derivatives contracts on the trading date of 04-Apr-25, are given below:

*Dates may be subject to change on account of any holiday declared. If the expiry day is a holiday, the previous working day will be considered the Expiry Day.

Further, note the following points regarding this revision. 

1. The expiry date of all existing contracts will be updated to “New Expiry Day” on 03-April-25 (EOD).
2. Any new contract created for trading on/after the effective date shall be created per the revised expiry day mentioned in the aforementioned table.
3. There has been no change in the specifications of the NSE Index and Stock Derivatives Contracts.
4. There is no change in expiry day for BSE Index or Stock Derivative contracts.

For more details, please refer to the NSE Circular

Due to the change in US Daylight Savings timings, MCX and NSE Commodities trade timings will be revised from 10-Mar-25. The revised trading hours will be in effect from 10-Mar-25 to 31-Oct-25 (both days inclusive). 

Please refer to the table below for the revised timings:

Accordingly, the square-off timings for Intraday Positions of MCX and NSE Commodities have also been revised. All intraday positions will be squared-off 15 minutes prior (i.e. 11:15 pm) to the close of trading hours.

For more details, please refer to NSE Circular | MCX Circular.

[Mar-25] The company offers its shareholders the right to purchase its shares at a discount on a predetermined date known as the record date in arights 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 2025:

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). 

• For the online ASBA process, visit the website of an SCSB (Self-certified Syndicate Bank) and apply.
• For the offline ASBA process, submit a physical application to participate in the Rights Issue at a designated SCSB. 

Here's alist of existing SCSBs.

For more details on Rights Issue/Rights Entitlement, please refer toBSE FAQs.

[Mar-25] Stay ahead of the curve with our monthly Corporate Actions roundup! 

Corporate actions have an impact on your portfolio and thus, staying informed is key. To help you stay up-to-date, we’ve compiled a list of all the corporate actions happening this month. Whether you are tracking a subdivision that could adjust your shareholdings, a buyback that will boost your stock, or your share of profits in the form of dividends, we’ve got you covered. 

Various types of corporate actions we have covered here are sub-divisions, dividends, bonus issues, buybacks, takeovers, delistings, and name changes. So, dive in, explore the details, and stay ahead in your investment journey. 

Bonus Issue

A bonus Issue is a corporate action in which a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.

Subdivision/Stock Split

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.

Suspension of Trading in Shares

Name Change

On account of Mahashivratri on 26-Feb-25, BSE and NSE will be closed for trading.

Please note the following pointers regarding this.

1. Equity, Derivatives, and Debt segments will be closed.
2. The evening session of Commodity Trading will open from 5:00 pm to 11:30 pm.
3. There will be no settlement of funds and securities on this day.

19-Feb-25 is a Settlement Holiday due to Chhatrapati Shivaji Maharaj Jayanti. The Currency Segment will be closed for trading on this day. However, other segments are open to trading.

What this means for you:

You can place your Trades as usual, except the stock purchased on 18-Feb-25 will not be allowed to be sold on 19-Feb-25. The settlement of funds/securities will be processed as detailed in the table below:

Note: Stock purchased on 18-Feb-25 will not be allowed to be sold on 19-Feb-25. This change is only for double pay-in/payout of stock due to the settlement holiday on 19-Feb-25 and is not a regular change.

Your credit balance for 19-Feb-25 will not include the following:

Just so you know: Settlement holidays refer to days when markets (except the Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades made during that day will be settled in the next settlement cycle, as per the respective segments.

According to the exchange circular NCL/CMPT/65314, the benefit of a calendar spread on the expiry day of the near-term index derivatives contract will not be available w.e.f. 10-Feb-25 (revised). This revision is due to the updated effective date mentioned in the new exchange circular. This will apply only to the expiry day of the near-term contract and the T-day expiry contracts. 

It is to be noted here that due to the removal of the benefit of the calendar spread, the total margin requirement on the calendar hedge position will increase significantly. You are advised to maintain a sufficient margin; otherwise, positions will be squared off on the expiry day under Margin Shortfall Square Off as per RMS policy on a best-effort basis. 

Let’s understand this with the example:

Scenario 1: Mr. A is holding the below-mentioned position on 30-Jan-2025 (assuming Nifty @24,188):

Scenario 2: Mr. B is holding the below-mentioned position on 30-Jan-2025 (assuming Nifty @24,188): 

No position of Jan-25 Expiry

Scenario 3: Mr. C is holding the below-mentioned position on 30-Jan-2025 (assuming Nifty @24,188):

Scenario 4: Mr. D is holding the below-mentioned position in Call Option on the Nifty index on 30-Jan-2025 (assuming Nifty @23,530):

[Feb-25] Stay ahead of the curve with our monthly Corporate Actions roundup! 

Corporate actions have an impact on your portfolio and thus, staying informed is key. To help you stay up-to-date, we’ve compiled a list of all the corporate actions happening this month. Whether you are tracking a subdivision that could adjust your shareholdings, a buyback that will boost your stock, or your share of profits in the form of dividends, we’ve got you covered. 

Various types of corporate actions we have covered here are sub-divisions, dividends, bonus issues, buybacks, takeovers, delistings, and name changes. So, dive in, explore the details, and stay ahead in your investment journey. 

Bonus Issue

A bonus Issue is a corporate action in which a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.

Subdivision/Stock Split

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.

Suspension of Trading in Shares

Dividend

A dividend is an amount the company pays to its shareholders out of its profits. This regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly. 

Name Change

Buyback

Buyback of shares is the process wherein a corporation rebuys its own shares from its shareholders. This way, the company that had earlier issued shares pays some of its shareholders and absorbs that part of ownership that several investors had before.

[Feb-25] The company offers its shareholders the right to purchase its shares at a discount on a predetermined date known as the record date in arights 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 February 2025:

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). 

• For the online ASBA process, visit the website of an SCSB (Self-certified Syndicate Bank) and apply.
• For the offline ASBA process, submit a physical application to participate in the Rights Issue at a designated SCSB. 

Here's alist of existing SCSBs.

For more details on Rights Issue/Rights Entitlement, please refer toBSE FAQs.

As per a recent NSE Circular, the Quantity Freeze Limit and market lots for different indices have been revised w.e.f 03-Feb-25.

Below are the Quantity Freeze Limits and Maximum Lots per Order applicable for the mentioned indices.

Refer: NSE Circular