Market Updates

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 circular, 1 equity share of Variman Global Enterprises Ltd.  (Scrip Code: 540570) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

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 a recent circular, 1 equity share of High Energy Batteries (India) Ltd. (Scrip Code: 504176) will be sub-divided into 5 equity shares. The key dates for the same are as follows:

Refer: BSE circular

Due to the closure of the physical market at the basis center, Deesa on 18-Aug-2022, please find the revised timelines and margin for the Castor Seed Contracts for August 2022. 

1. The contract will now expire on 17-Aug-22 as against 18-Aug-22
2. The last trading day will be 17-Aug-22 and delivery intentions will be accepted till 9 pm on the same day
3. The staggered delivery period shall commence from 10-Aug-22
4. The pre-expiry margin of 1.50% per trading day incrementally shall be levied from the beginning of 05-Aug-22

For more details, refer to NCDEX Circular 1 | NCDEX Circular 2

IVR or Interactive Voice Response is a system that lets clients like you interact with us through voice or touch-one dialing to resolve your queries. It prompts a series of menus and options that will lead you to the right department. We at Angel One have introduced a Smart IVR that will directly solve your queries rather than assigning it to the department.

How does it work?

1. Dial 08047480048 from your registered mobile number 
2. Choose your preferred language
3. Select Smart IVR number (Number 2)
4. Now select the report you want to access. In the case of Ledger and P&L statement, select the FY as well
5. The requested report will be sent to your registered email ID and mobile number

Features of our Smart IVR

1. After you have raised the request, your requested statement will be sent to your registered email ID as an attachment and on your mobile number via a link 
2. You can access current holdings and Ledger and P&L Statement for the last 3 years including this FY 
3. Funds will be announced on call (no SMS or email will be sent for this)

Note: Please note that in case you have not dialed from the registered number, you will be asked for the registered number to access statements. However, in the case of funds, to ensure the security of your account, your call will be transferred to an agent for verification before proceeding further.

Here's the list of the latest Buybacks, Takeovers and Delisting. The Offer Period and Price are mentioned along with them. To participate in any of these:

• Write to us at [email protected] or
• Call us on 080-47480048

Click to learn more about buybacks, takeover and delisting.

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 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 shares, you should apply at their respective Registrar & Transfer Agent (RTA) and convert RE into shares. Since RE are temporary in nature, they will cease to exist after the closure date, so execute your RE or sell it in the secondary market before the last trading date.

Here’s the listing for July/August 2022.

Please note: The value of RE will be zero after the rights issue closure date.

• RE Trading Period : Exchange will publish Notice normally 2 days prior to issue open date.
• Where to apply for right issue :-  From the last few months to apply in the Right Issue Offer is Compulsory ASBA (Online/Offline). Recently RTA is not providing R-WAP (Registrar’s web-based application platform) facility of payment. Hence suggest you to update as ASBA (Application Supported by Blocked Amount).

For more details on Rights Issue/Rights Entitlement, please click here. 

As per a recent circular, the name and symbol of Minda Industries Ltd. (Scrip code: 532539) will be changed as follows w.e.f 05-Aug-22.

Refer: BSE Circular

As per a recent circular, the name and symbol of Bhartia Bachat Ltd. (Scrip code: 543208) will be changed as follows w.e.f 04-Aug-22.

Refer: BSE Circular

As per a recent NSE Circular, the Quantity Freeze Limit for NIFTY and FINNIFTY have been revised w.e.f 01-Aug-22.

Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:

*Lot Size refers to Units per Lot. This is defined by the Exchange and is currently as follows:

BANKNIFTY=25; NIFTY=50; FINNIFTY=40; MIDCPNIFTY=75

Refer: NSE Circular

As per a recent circular, the name and symbol of Paramone Concepts Ltd. (Scrip code: 531364) will be changed as follows w.e.f 02-Aug-22.

Refer: BSE Circular