Preponement of F&O Open Positions Physical Margin Schedule Because of Christmas (Dec-24)
As per the exchange guidelines, the margin required for all the existing F&O Open Positions will start increasing four trading 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-Dec-24, i.e., Wednesday, on the occasion of Christmas, the F&O Open Positions margin schedule has been preponed.
Take a look at the revised margin schedule below.
Date |
Day |
Margin Applicable |
19-Dec-24 |
Thursday |
10% of the delivery margin computed |
20-Dec-24 |
Friday |
25% of the delivery margin computed |
23-Dec-24 |
Monday |
45% of the delivery margin computed |
24-Dec-24 |
Tuesday |
75% of the delivery margin computed |
26-Dec-24 |
Thursday |
100% of the delivery margin computed |
[05-Dec-24] Quantity Freeze Limits for Indices
As per a recent NSE Circular, the Quantity Freeze Limit and market lots for different indices have been revised w.e.f 05-Dec-24.
Below are the Quantity Freeze Limits and Maximum Lots per Order applicable for the mentioned indices.
No. |
Indices |
Quantity Freeze Limit (Maximum units you can buy or sell per order) |
Maximum lots per Order (Quantity Freeze Limit/Lot Size*) |
1. |
BANKNIFTY |
900 |
60 |
2. |
NIFTY |
1800 |
72 |
3. |
FINNIFTY |
1800 |
72 |
4. |
MIDCPNIFTY |
2800 |
56 |
5. |
NIFTYNXT50 |
600 |
60 |
*Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows: NIFTY= 75; BANKNIFTY= 30; FINNIFTY=65 ; MIDCPNIFTY=120; NIFTYNXT50=25 |
Refer: NSE Circular
Rights Issue - December 2024
[Dec-24] 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 December 2024:
Company |
Ex-date |
Record Date |
RI Price (₹ per share) |
RE Trading Period |
Last date to apply for Rights Shares |
Where to apply for rights shares |
Circular |
DMR Hydroengineering & Infrastructures Limited |
22-Oct |
22-Oct |
₹140 |
04-Nov to 25-Nov |
03-Dec-24 |
ASBA |
|
Diligent Industries Limited |
24-Oct |
24-Oct |
₹3.60 |
11-Nov to 03-Dec |
09-Dec-24 (Extended) |
ASBA |
|
Mercury Trade Links Limited |
24-Oct |
24-Oct |
₹44.95 |
07-Nov to 29-Nov |
06-Dec (Extended) |
ASBA |
|
Asian Petroproducts & Exports Limited |
30-Oct |
30-Oct |
₹10 |
11-Nov to 02-Dec |
05-Dec (Extended) |
ASBA |
|
Shangar Decor Limited |
28-Oct |
28-Oct |
₹5.76 |
08-Nov to 29-Nov |
06-Dec |
ASBA |
|
Pradhin Limited |
14-Nov |
14-Nov |
₹25 |
25-Nov to 10-Dec |
16-Dec |
ASBA |
|
UPL Limited |
26-Nov |
26-Nov |
₹360 (₹90 on App PP Share) |
05-Dec to 11-Dec |
17-Dec |
ASBA |
BSE/NSE Circular |
NHC Foods Limited |
26-Nov |
26-Nov |
₹1 |
05-Dec to 12-Dec |
18-Dec |
ASBA |
|
Scanpoint Geomatics Limited |
27-Nov |
27-Nov |
₹6 |
05-Dec to 09-Dec |
17-Dec (Extended) |
ASBA |
|
Jonjua Overseas Limited |
29-Nov |
29-Nov |
₹10 |
13-Dec to 17-Dec |
23-Dec |
ASBA |
|
Enbee Trade & Finance Limited |
28-Nov |
28-Nov |
₹13 |
10-Dec to 23-Dec |
30-Dec |
ASBA |
|
LWS Knitwear Limited |
28-Nov |
28-Nov |
₹18 |
12-Dec to 19-Dec |
24-Dec |
ASBA |
|
Viceroy Hotels Limited |
29-Nov |
29-Nov |
₹112 |
12-Dec to 18-Dec |
24-Dec |
ASBA |
BSE/NSE Circular |
Ace Software Exports Limited |
05-Dec |
05-Dec |
₹78 (₹39 on App PP Share) |
16-Dec to 20-Dec |
27-Dec |
ASBA |
|
Vistar Amar Limited |
06-Dec |
06-Dec |
₹117 |
13-Dec to 17-Dec |
20-Dec |
ASBA |
|
Sikko Industries Limited |
06-Dec |
06-Dec |
₹98 |
23-Dec to 02-Jan |
07-Jan |
ASBA |
NSE Circular |
Quasar India Limited |
11-Dec |
11-Dec |
₹1.14 |
20-Dec to 13-Jan |
17-Jan |
ASBA |
|
Avonmore Capital & Management Services Limited |
12-Dec |
12-Dec |
₹10 |
23-Dec to 30-Dec |
06-Jan |
ASBA |
BSE/NSE Circular |
Gujarat Natural Resources Limited |
03-Dec |
03-Dec |
₹10 |
12-Dec to 17-Dec |
20-Dec |
ASBA |
|
Moongipa Capital Finance Limited |
03-Dec |
03-Dec |
₹25 |
12-Dec to 23-Dec |
27-Dec |
ASBA |
|
Aastamangalam Finance Limited |
13-Dec |
13-Dec |
₹42.50 |
27-Dec to 31-Dec |
03-Jan |
ASBA |
|
IRB Infrastructure Trust |
13-Dec |
13-Dec |
₹293.65 |
18-Dec to 18-Dec |
20-Dec |
ASBA |
NSE Circular |
Murae Organisor Limited |
19-Dec |
19-Dec |
₹2 |
- |
- |
ASBA |
|
Mega Corporation Limited |
20-Dec |
20-Dec |
₹1 |
- |
- |
ASBA |
|
Dhanlaxmi Bank Limited |
27-Dec |
27-Dec |
₹21 |
- |
- |
ASBA |
BSE/NSE Circular |
Anupam Finserv Limited |
27-Dec |
27-Dec |
₹1.75 |
- |
- |
ASBA |
|
Moksh Ornaments Limited |
20-Dec |
20-Dec |
₹15 |
- |
- |
ASBA |
NSE Circular |
Sharanam Infraproject & Trading Limited |
31-Dec |
31-Dec |
₹1 |
- |
- |
ASBA |
|
Harshil Agrotech Limited |
31-Dec |
31-Dec |
₹2.43 |
- |
- |
ASBA |
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.
Corporate Actions - December 2024
[Dec-24] Stay ahead of the curve with our monthly Corporate Actions roundup!
Corporate actions have an impact on your portfolio and thus, staying informed is a 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.
Company Name |
Symbol/Scrip Code |
Record Date |
Ex-Bonus Basis from Date |
Bonus Issue |
Circular |
Wipro Limited |
WIPRO |
03-Dec-24 |
03-Dec-24 |
1:1 |
|
Achyut Healthcare Limited |
543499 |
10-Dec-24 |
10-Dec-24 |
4:10 |
|
Sky Gold Limited |
541967 |
16-Dec-24 |
16-Dec-24 |
9:1 |
|
Rajeshwari Cans Limited |
543285 |
19-Dec-24 |
19-Dec-24 |
1:1 |
|
Bharat Seats Ltd |
523229 |
20-Dec-24 |
20-Dec-24 |
1:1 |
|
Linc Ltd |
531241 |
20-Dec-24 |
20-Dec-24 |
1:1 |
|
Bharat Global Developers Limited |
521238 |
26-Dec-24 |
26-Dec-24 |
8:10 |
|
NMDC Ltd |
526371 |
27-Dec-24 |
27-Dec-24 |
2:1 |
|
Hardwyn India Limited |
541276 |
27-Dec-24 |
27-Dec-24 |
2:5 |
|
Banco Products (India) Ltd |
500039 |
30-Dec-24 |
30-Dec-24 |
1:1 |
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.
Company Name |
Symbol |
Sub-division Ratio |
Record Date |
Ex-split Date |
Circular |
Eraaya Lifespaces Ltd |
531035 |
1:10 |
06-Dec-24 |
06-Dec-24 |
|
Achyut Healthcare Limited |
543499 |
1:10 |
10-Dec-24 |
10-Dec-24 |
|
Mazagon Dock Shipbuilders Ltd |
543237 |
1:2 |
27-Dec-24 |
27-Dec-24 |
|
Linc Ltd |
531241 |
1:2 |
20-Dec-24 |
20-Dec-24 |
|
Bharat Global Developers Limited |
521238 |
1:10 |
26-Dec-24 |
26-Dec-24 |
Name Change
Existing Symbol |
New Symbol |
Record Date |
Existing Name of the Company |
New Name of the Company |
Circular |
IIFLSEC |
IIFLCAPS |
03-Dec-24 |
IIFL Securities Limited |
IIFL Capital Services Limited |
|
SWOJAS |
SWOJAS |
02-Dec-24 |
Swojas Energy Foods Ltd. |
Swojas Foods Limited |
|
ONIXSOLAR |
ONIXSOLAR |
06-Dec-24 |
ABC Gas (International) Ltd. |
Onix Solar Energy Limited |
|
975797 |
975797 |
10-Dec-24 |
Laxmi India Finance Pvt Ltd |
Laxmi India Finance Limited |
|
936276 |
936276 |
13-Dec-24 |
Indiabulls Commercial Credit Ltd |
Sammaan Finserve Limited |
|
- |
- |
10-Dec-24 |
Vedika Vanijya Pvt. Ltd. |
Vedika Stock Broking Private Limited |
|
530177 |
530177 |
18-Dec-24 |
SPS International Ltd |
VK Global Industries Limited |
|
505302 |
505302 |
17-Dec-24 |
Lakshmi Automatic Loom Works Ltd. |
Lakshmi Engineering and Warehousing Limited |
|
505504 |
505504 |
19-Dec-24 |
Sindu Valley Technologies Ltd. |
GHV Infra Projects Limited |
|
517271 |
517271 |
23-Dec-24 |
HBL Power Systems Ltd |
HBL Engineering Limited |
|
539546 |
539546 |
30-Dec-24 |
Beekay Niryat Ltd |
Agribio Spirits Limited |
|
526544 |
526544 |
30-Dec-24 |
Scanpoint Geomatic Ltd. |
SGL Resources Limited |
|
539659 |
539659 |
30-Dec-24 |
Vidli Restaurants Ltd |
Vikram Kamats Hospitality Limited |
Suspension of Trading in Shares
Name of the Company |
Symbol |
Effective Date |
Reason for Suspension |
Circular |
Neueon Towers Limited |
NTL |
06-Dec-24 |
Capital Reduction |
Offer for Sale (OFS) - EQUIPPP SOCIAL IMPACT TECHNOLOGIES LTD
Offer for Sale of below company is open in BSE/NSE. To place your OFS request:
- Contact your sub-broker
- In case you don't have a sub-broker, call us at 18001020.
Scrip Name |
Category |
Time Window |
Floor Price |
Clearing Price |
EQUIPPP |
Non-Retail |
02-Dec, 09:15 am - 03:30 pm |
Rs. 27 |
NA |
EQUIPPP |
Retail |
03-Dec, 09:15 am - 03:30 pm |
NA |
Rs. 27 |
Offer for Sale (OFS) - GE VERNOVA T&D INDIA LTD
Offer for Sale of the below company is open in NSE/BSE. To place your OFS request:
- Contact your sub-broker
- In case you don't have a sub-broker, call us at 18001020.
Scrip Name |
Category |
Time Window |
Floor Price |
Clearing Price |
GET&D |
Non-Retail |
26-Nov, 09:15 am - 03:30 pm |
Rs. 1550 |
NA |
GET&D |
Retail |
27-Nov, 09:15 am - 03:30 pm |
NA |
Rs. 1655 |
Offer for Sale (OFS) - PROTEAN EGOV TECHNOLOGIES LTD
Offer for Sale of the below company is open in BSE. To place your OFS request:
- Contact your sub-broker
- In case you don't have a sub-broker, call us at 18001020.
Scrip Name |
Category |
Time Window |
Floor Price |
Clearing Price |
PROTEAN |
Non-Retail |
22-Nov, 09:15 am - 03:30 pm |
Rs. 1550 |
NA |
PROTEAN |
Retail |
25-Nov, 09:15 am - 03:30 pm |
NA |
Rs. 1675 |
Revision in Market Lot for Index Derivatives Contracts
The market lot sizes have been revised for both NSE and BSE Indices to comply with the guidelines mentioned in the SEBI Circular (SEBI/HO/MRD/TPD-1/P/CIR/2024/132) dated 01-Oct-24 on measures to strengthen the equity index derivatives framework for increased investor protection and market stability.
As per the NSE Circular, w.e.f. 20-Nov-24, the lot size for index derivatives has been revised as follows:
Sr. No. |
Underlying Index |
Symbol |
Existing Lot Size |
Revised Market Lot |
1 |
Nifty 50 |
NIFTY |
25 |
75 |
2 |
Nifty Bank |
BANKNIFTY |
15 |
30 |
3 |
Nifty Financial Services |
FINNIFTY |
25 |
65 |
4 |
Nifty Midcap Select |
MIDCPNIFTY |
50 |
120 |
5 |
Nifty Next 50 |
NIFTYNXT50 |
10 |
25 |
The market lot of BSE index derivatives for contracts introduced after 20-Nov-24 has been revised as follows as per the BSE Circular:
Underlying Index |
Existing Market Lot |
Revised Market Lot |
BSE Sensex |
10 |
20 |
BSE Bankex |
15 |
30 |
BSE Sensex 50 |
25 |
60 |
In light of the above, please note the following changes regarding transitioning existing positions into new lot sizes.
- The existing weekly and monthly expiry contracts (Table 1) will continue with the existing lot size until their respective expiry dates.
Table 1
S. No. |
Index Derivative |
Expiration Cycle |
Last Expiry Date (Old Lot Size) |
First Expiry Date (New Lot Size) |
1 |
NIFTY |
Weekly |
19-Dec-24 |
02-Jan-25 |
Monthly |
30-Jan-25 |
27-Feb-25 |
||
2 |
BANKNIFTY |
Monthly |
29-Jan-25 |
26-Feb-25 |
3 |
SENSEX |
Weekly |
03-Jan-25 |
10-Jan-25 |
Monthly |
31-Jan-25 |
28-Feb-25 |
2. Existing quarterly and half-yearly (long-dated) expiry contracts shall be transitioned to the new lot size as per Table 2 below.
Table 2
S. No. |
Underlying Index |
Symbol |
Expiry Dates of Existing Long-dated Open Contracts |
Last Date of Existing Lot Size |
1 |
Nifty 50 |
NIFTY |
27-Mar-25 26-Jun-25 25-Sep-25 24-Dec-25 25-Jun-26 31-Dec-26 24-Jun-27 30-Dec-27 29-Jun-28 28-Dec-28 28-Jun-29 |
26-Dec-24 |
2 |
Nifty Bank |
BANKNIFTY |
26-Mar-25 25-Jun-25 24-Sep-25 |
24-Dec-24 |
3. No action will be allowed in the odd lot quantity after 24-Dec-24 for BANKNIFTY, 26-Dec-24 for NIFTY Contracts, and 27-Dec-24 for SENSEX Contracts. Investors with positions will have to carry until maturity and the remaining odd lot quantities will be settled in cash on their respective original expiry date only.
4. No impact of Stock derivative contracts.
5. Spread Orders will not be available in existing lot sizes for Feb-25 or beyond rollovers. i.e Dec-24 & Feb-25, Jan-25 & Feb-25 and Feb-25 & Mar-25.
The complete details regarding the transition of existing positions into the new lot-size contracts will be shared with the concerned people on their mapped credentials.
Clarification on relaxing the dynamic price bands
In light of the SEBI Circular (SEBI/HO/MRD/TPD-1/P/CIR/2024/58) dated 24-May-24 and Exchange Circular (NSE/FAOP/64627) dated 18-Oct-24, NSE has issued a new circular (NSE/FAOP/64995) dated 08-Nov-24 to provide clarification on the following:
- Sliding price band on account of flexing
- Trading in the options segment during cooling off in underlying/futures contracts
The following clarification provided by the above-mentioned circular will be effective from 18-Nov-24.
Updates |
Existing Criteria |
Revised Criteria |
Sliding Price Band on Account of Flexing |
If the market moves strongly in one direction, the dynamic price band will be adjusted during the day as mentioned below, in coordination with other exchanges, to match the price movement.
|
When the price band of a contract is flexed due to price movement, it will be shifted by an equal amount in that direction. This ensures that the band moves along with the price instead of just expanding. Also, the exchange will cancel any pending limit orders outside the new price band. |
Trading in Options Segment During Cooling Off in Underlying/Futures Contracts |
Existing LPP-related norms |
When the underlying stock cools off, a temporary price limit for stock options will be set in the direction of the price trend. All other existing LPP rules will remain unchanged. |
For more details, please refer to the NSE Circular 1 | NSE Circular 2 | BSE Circular 1 | BSE Circular 2.
Corporate Actions - November 2024
[Nov-24] Stay ahead of the curve with our monthly Corporate Actions roundup!
Corporate actions have an impact on your portfolio and thus, staying informed is a 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.
Company Name |
Symbol/Scrip Code |
Record Date |
Ex-Bonus Basis from Date |
Bonus Issue |
Circular |
Worth Investment & Trading Co Limited |
538451 |
14-Nov-24 |
14-Nov-24 |
3:2 |
|
Shakti Pumps (India) Ltd. |
531431 |
25-Nov-24 |
25-Nov-24 |
5:1 |
|
Easy Trip Planners Ltd |
543272 |
29-Nov-24 |
29-Nov-24 |
1:1 |
|
Raghav Productivity Enhancers Limited |
539837 |
29-Nov-24 |
29-Nov-24 |
1:1 |
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.
Company Name |
Symbol |
Sub-division Ratio |
Record Date |
Ex-split Date |
Circular |
Roto Pumps Ltd. |
ROTO |
1:2 |
08-Nov-24 |
08-Nov-24 |
|
Sudarshan Pharma Industries Ltd |
543828 |
1:10 |
23-Nov-24 |
22-Nov-24 |
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.
Company Name |
Symbol |
Dividend Amount |
Record Date |
Effective Date |
Circular |
Coal India Limited |
COALINDIA |
₹15.75 |
05-Nov-24 |
05-Nov-24 |
|
Petronet LNG Limited |
PETRONET |
₹7 |
08-Nov-24 |
08-Nov-24 |
Name Change
Existing Symbol |
New Symbol |
Record Date |
Existing Name of the Company |
New Name of the Company |
Circular |
INDINFR |
INTERISE |
12-Nov-24 |
IndInfravit Trust |
Interise Trust |
|
532024 |
532024 |
13-Nov-24 |
R.B. Gupta Financials Ltd. |
Aarcon Facilities Limited |
|
530077 |
530077 |
18-Nov-24 |
Freshtrop Fruits Ltd. |
Puretrop Fruits Limited |
|
538794 |
538794 |
18-Nov-24 |
Jet Infraventure Ltd |
Jet Solar Limited |
|
925IHFL29 |
925VFPL22 |
14-Nov-24 |
Veritas Finance Private Limited |
Veritas Finance Limited |
Suspension of Trading in Shares
Name of the Company |
Symbol |
Effective Date |
Reason for Suspension |
Circular |
Techindia Nirman Limited |
526576 |
18-Nov-24 |
Non-compliance of SEBI Regulations |
|
Concrete Credit Ltd |
539266 |
18-Nov-24 |
Non-compliance of SEBI Regulations |
|
Sagar Diamonds Ltd |
540715 |
18-Nov-24 |
Non-compliance of SEBI Regulations |
|
HRB Floriculture Ltd |
531724 |
11-Nov-24 |
Non-compliance of SEBI Regulations |
|
Carnation Industries Ltd |
530609 |
14-Nov-24 |
Reduction of Equity Share Capital |
|
Jet Airways (India) Limited |
532617 |
08-Nov-24 |
Liquidation |
|
Leel Electricals Limited |
517518 |
22-Nov-24 |
Reduction of Equity Shared Capital |
Takeover
A Takeover is a type of corporate action in which one company (the acquirer) acquires or takes control of another (the target). Such a takeover occurs through the merger and acquisition process and can affect the company's structure in various ways.
Name of Company |
Symbol |
Offer Price Per Share |
Circular |
---|---|---|---|
Nagarjuna Agritech Limited |
NAGTECH |
₹20 |
|
LCC Infotech Ltd |
LCCINFOTECH |
₹3.51 |
|
Aarvee Denims and Exports Limited |
AARVEEDEN |
₹41 |